Lotte Chemical and Axiall Joined Forces For Ethane Cracker Construction
CHEMMONITOR.COM – The US-based Axiall Corporation (Axiall) has formed a JV with Lotte Chemical (South Korea) for the ethane cracker construction in Louisiana, the US. The output will total 1 million tonnes a year.
The firms plan to present the front-end engineering design (FEED) contract in Q4 of 2014. Moreover, Lotte Chemical will implement FEED study for the monoethyleneglycol unit, which is be constructed near the potential cracker.