Lotte-Versalis rubber JV launches production in South Korea

versalis-lotte-south-koreaMilan, Italy – Lotte Versalis Elastomers – a 50:50 joint venture between Versalis SpA and Lotte Chemical – officially started production in Yeosu, South Korea on 23 Nov, Versalis has announced.

With a nameplate capacity to produce 200 kilotonnes per annum (ktpa) of elastomers, the JV facility is Versalis’ first industrial production operation in Asia.

Production includes EPDM, solution-styrene butadiene rubber and butadiene rubber, though Versalis did not give specific capacity details for these polymers.

The production streams are being…

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