# Lotte Chemical to build carbon capture facility in Seosan

Lotte Chemical will spend 60 billion won to build a new facility for carbon capture and utilization (CCU) in Seosan, with commercial production planned for the second half of 2023.

- Type: New facility
- Announced: 2022-02-07
- Where: Seosan, South Korea, South Korea
- Value: $50.0M (60.0B KRW)
- Starts operating: Q3 2023
- Status: announced
- Products: carbon capture and utilization (CCU)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Lotte Chemical](https://endata.com/companies/2025.md)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20220207001100320), 2022-02-07: "Of the investment, 60 billion won will be spent to build a new facility for carbon capture and utilization (CCU), with a plan to begin commercial production in the second half of 2023, Lotte Chemical said."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.