LOTTE INEOS Chemical

Lotte Ineos Chemical is building a third vinyl acetate plant in Ulsan, South Korea, increasing capacity by over 50% to 700,000 metric tons per year, with completion expected in 2025.

LOTTE INEOS Chemical announced plans to build a third vinyl acetate monomer (VAM) plant in Ulsan, South Korea, increasing capacity from 450,000 to 700,000 tonnes per year. The plant is scheduled to start up by the end of 2025.