by Manali bhanushali | Jul 6, 2021 | Dyes & Chemicals, News & Insights
Lotte Chemical will considerably expand its usage of liquefied petroleum gas (LPG) while decreasing its use of naphtha in the production of ethylene. By utilising LPG, which is less expensive than naphtha, the firm hopes to kill two birds with one stone: reduce carbon...
by Manali bhanushali | Jun 24, 2021 | Dyes & Chemicals, News & Insights
Global ethylene production volume is expected to grow by 30% over last year, but associated product prices are expected to decline owing to excess. South Korean oil refining and petrochemical businesses, notably LG Chem, Lotte Chemical, and GS Caltex, are set to...