Tag Archives: Lotte Chemical

Faced With Global Oversupply, South Korea Will Restructure the Yeosu Complex, Shutting 1.4 Million Tons of Ethylene Capacity

Korea’s ethylene exports plummeted with the start of the Iranian conflict. The restructuring will result in further declines.

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Indonesia’s New Facility Will Reduce Dependence on Imports of Polyethylene and Polypropylene From Asia-Pacific Sources

On November 6, 2025, Indonesian president Prabowo Subianto inaugurated a naphtha cracker that will produce 1 million tons of ethylene and 520,000 tons of propylene. These will reduce Indonesia’s imports of monomers, polymers, and other petrochemicals.

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