23.10.2015 • NewsDede WillamsLotte ChemicalLotte Group

Lotte’s Uzbekistan Complex Completed

Lotte Chemical, the petrochemicals manufacturing arm of South Korea’s diversified Lotte Group, has completed construction of a chemical complex worth $389 million at Surgil, Uzbekistan.

Claimed to be the largest petrochemical production site in Europe or Asia, the complex is scheduled to begin commercial-scale production in January 2016. It will have capacity for around 260,000 t/y of methane as well as 470,000 t/y of ethane, to be used as feedstock for downstream polyethylene and high-density polypropylene plants.

Gas to produce ethane and methane will come from the gas fields of Uzbekistan's state-run oil and gas company, Uzbekneftegaz, which will also buy the methane.

In 2006, Uzbekistan and South Korea agreed a strategic partnership. Subsequently, a chemical production joint venture was established between the Uzbekistan state and a South Korean consortium led by Lotte Chemical, Korea Gas and GS E&R.

Lotte Chemical is also collaborating with US vinyls producer Axiall on a shale gas-fed 1 million t/y ethane cracker in the US state of Louisiana, where production is planned to begin in 2018.

Special Issue

Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.

Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.