Posted in | News

LG Chem Become World's 3rd Largest ABS Producer

LG Chem, Korea’s largest chemical company have just become the third largest producer of Acrylonitrile Butadiene Styrene (ABS) after completing expansions to both Korean and Chinese operations. They now boast an ABS production capacity of 800,000 tonnes per year.

LG Chem’s affiliate LG Yongxing Chemical Ltd, in Ningbo, Zhejiang Province, China now has a production capacity of 300,000 tonnes per year, up from 150,000 tonnes per year. The plant was always planned to produce this amount of materials, but they did not expect to call on the additional capacity until mid 2003. However, and advanced startup date and customer demand, have lead to the capacity increase being implemented earlier then expected. Improved economies of scale also aided the decision, as the plant will be more cost competitive.

The plant located in Yeosu, Korea has also benefited from a capacity increase of 100,000 tonnes per year, taking its capacity to 500,000 tonnes per year.

For more information on acrylonitrile butadiene styrene, click here.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.