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Lotte Chemical USA is investing in a $1.9 billion joint venture with Westlake Chemical to build an ethane cracker complex in Lake Charles, Louisiana. The complex is under construction and expected to begin operating in 2019, producing 1 million tons per year of ethylene.
Lotte Chemical USA announced it will establish its headquarters in Lake Charles, Louisiana, joining its $1.1 billion monoethylene glycol (MEG) plant under construction. The combined facilities will create 130 new direct jobs. The MEG plant is expected to begin operating in 2019.
| Site | Largest | Latest |
|---|---|---|
| Lake Charles, United States | $1.10B | 2017-04-06 |