Lotte Mitsui Chemicals has started commercial operations at its polypropylene catalyst plant in Yeosu, South Korea.
The $18.5m plant, which is a joint venture of Mitsui Chemicals and Lotte Chemicals, utilises Mitsui's polypropylene (PP) catalyst manufacturing technology to produce PP used in various applications, including automobiles and home appliances.
Mitsui Chemicals said it will continue to strengthen its catalyst business and licensing activities for manufacturing technology.
Based on the proprietary PP technology, Mitsui developed catalysts used for the production of various products.
Construction of the plant was started in December 2011 and completed in November 2012.
Japanese chemicals company Mitsui produces performance materials, petro and basic chemicals and functional polymeric materials, while the UK-based Lotte Chemicals manufactures and sells polyester intermediate PTA and PET resin.
Image: Shiodome city centre integrating the headquarters of Mitsui Chemicals. Photo courtesy of Kakidai.