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"Lotte Chemical Corporation has entered the petrochemical market in the U.S. for the first time in the domestic industry. The company announced that it held a groundbreaking ceremony for the ethane cracker and ethylene glycol production (EG) facilities in the U.S. on June 14 (local time).", www.businesskorea.co.kr
" Construction has started on a $3 billion chemical manufacturing project in Lake Charles. LACC LLC, a joint venture of Lotte Chemical and Axiall Corp., will build a $1.9 billion ethane cracker complex near Axiall’s existing manufacturing plants in Calcasieu Parish. Using a portion of ethylene produced by that plant, Lotte Chemical will produce monoethylene glycol at a $1.1 billion plant constructed beside the ethane cracker.", www.constructionequipment.com