LG Chem’s Yeosu cracker caught fire! Parking for at least 3 weeks
A naphtha cracking unit of South Korea's LG Chemical in Yeosu was shut down due to a fire accident.
The US Nasdaq Stock Exchange quoted Reuters as reporting that South Korea’s LG Chemical Company spokesperson said on November 5 that the company’s naphtha cracker in Yeosu City caught fire in the early morning of the 5th local time and was forced to shut down.
LG Chem said that the fire accident was a catalytic reformer. It is not clear whether the accident caused casualties. Currently, the company is investigating the cause of the fire.
The annual ethylene production capacity of this unit is approximately 1.2 million tons. The parking will last at least three weeks.
Oil giant ExxonMobil to cut 1,900 jobs
You May Interested In
SS-31 Cosmetic peptides, discounted price improving cognitive impairment factory supply
$8E+1/UNIT FOB
2026-09-10
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
LG Chem Enters Semiconductor Stripper Market for the First Time, Cutting Process Time by 50%
-
Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials
-
LG Chem and Enilive Break Ground on South Korea’s First HVO and SAF Production Facility
-
LG Chem Considers Selling Water Treatment Business Amid Long-Term Downturn in Petrochemical Business
-
LG Chem and HL Mando to Develop Adhesives for Electronic Components
-
LG Chem Accelerates Commercial Production of 100% Plant-Based Acrylic Acid
-
South Korean petrochemical companies' profits plummet in 2024 as oversupply persists
-
Gevo and LG Chem Extend Bio-Propylene Agreement
-
LG Chem to Supply Thermally Conductive Adhesives in North America
-
LG Chem adds eco-friendly features to flame-retardant plastics
Recommend Reading
-
![Reducing to Refocus: Novo Nordisk’s 9,000-Job Cut and the Strategic Realignment in Pharma]()
Reducing to Refocus: Novo Nordisk’s 9,000-Job Cut and the Strategic Realignment in Pharma
-
![Sanofi’s $2.2 Billion Dynavax Acquisition: Why Big Pharma Is Rebuilding the Global Vaccine Order]()
Sanofi’s $2.2 Billion Dynavax Acquisition: Why Big Pharma Is Rebuilding the Global Vaccine Order
-
![BASF Launches Global Expansion Plan for Aroma Ingredients]()
BASF Launches Global Expansion Plan for Aroma Ingredients
-
![BASF Launches Global Expansion Plan for Aroma Ingredients]()
BASF Launches Global Expansion Plan for Aroma Ingredients
-
![LB Group Takes Over UK Titanium Dioxide Plant, Restarts 150,000-tonne Capacity]()
LB Group Takes Over UK Titanium Dioxide Plant, Restarts 150,000-tonne Capacity
-
![Premium Global Chemical Sourcing Requests (04-06May, 2026)]()
Premium Global Chemical Sourcing Requests (04-06May, 2026)
-
![Pesticide Market in Limbo: Prices Plunge Amid Weak Demand and Overcapacity—Only a Few Hold Firm]()
Pesticide Market in Limbo: Prices Plunge Amid Weak Demand and Overcapacity—Only a Few Hold Firm
-
![This week, the soda ash market in China has been operating weakly]()
This week, the soda ash market in China has been operating weakly
-
![2026 Q1 Chemical Giant Earnings: Supply Contraction, Flat Demand, Full-Scale]()
2026 Q1 Chemical Giant Earnings: Supply Contraction, Flat Demand, Full-Scale "Defense Priority"
-
![Supply and Demand Support Continuous Rise in Domestic Refinery Petroleum Coke Prices]()
Supply and Demand Support Continuous Rise in Domestic Refinery Petroleum Coke Prices
