Axiall, Lotte Chemical start work on ethane cracker facility in Louisiana

WCN Editorial Team 16 Jun 2016 NORTH AMERICA ENERGY & UTILITIES

LACC, the joint venture between Axiall Corporation and Lotte Chemical, has started construction on a $3bn project to build an ethane cracker facility in Louisiana, USA.


The cracker facility, to be located adjacent to Axiall’s existing Lake Charles complex, is expected to produce 1M tonnes of ethylene annually.

Lotte Chemical will also build an adjacent plant to produce 700,000t of ethylene glycol (EG) annually.

The facilities are expected to create over 200 new direct jobs and more than 1,800 indirect jobs in the region. Further, about 2,000 temporary construction jobs are expected to be created during construction work.

Lotte Chemical’s president and CEO Soo Young Huh said: “Among Korean petrochemical companies, Lotte Chemical is the first to locate a project in the United States; as such, this project represents a significant investment by Lotte Chemical.”

Axiall’s president and CEO Tim Mann said: “For Axiall this commitment marks the next phase of our continued investment in the Lake Charles area. Our construction site is just west of our largest chemicals plant, where we have operated for nearly 70 years.”

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