Lotte Chemical going into PBR

ERJ staff report (BC)

Seoul – Lotte Chemical Corp., a South Korean petrochemical company, said on 13 March that it will launch a new polybutadiene rubber (PBR) business through a joint venture with Ube Industries and Mitsubishi Corp., reports the Yonhap News Agency.

Lotte, formerly known as Honam Petrochemical Corp., will build a plant in Malaysia scheduled to have an annual production capacity of 50,000 tonnes of PBR from 2014.

Ube Industries will provide technical support. Lotte Chemical Titan Holding Sdn. Bhd., a Malaysian unit of Lotte Chemical,…

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