NEW INTERNATIONAL COMMERCE ASSISTANT
29 January, 2018

LOTTE FINE CHEMICAL EXPANDS ITS CELLULOSE ETHERS CAPACITY FOR INDUSTRIAL APPLICATIONS IN 2018

Ulsan, South Korea, March 2018

In order to meet the rapid growth in demand for industrial cellulose ethers (HPMC, HEMC, MC) and to support all its customers with a stable supply, Lotte Fine Chemical is developing a project that aims to eliminate bottlenecks in its productive plant and that once it concludes, it will deliver an additional 5000 tons per year of products; this project is expected to be completed by the second quarter of 2018.

Additionally, as a leading supplier of cellulose ethers, Lotte Fine Chemical is analyzing the possibility of installing a new production line with the aim of being included by the end of 2019. This decision is in feasibility studies.

In this way, Lotte responds to the needs of market growth.