Lotte Chemical is expected to shut down its Daesan cracker.
The business plans to suspend operations at the cracker on April 12, 2025 for maintenance. The cracker is scheduled to be offline until June 16, 2025.
The cracker, which is located in Daesan, South Korea, can produce 1.1 million mt of ethylene and 540,000 mt of propylene per year.