LG Chem shuts down 800,000-tpy Yeosu naphtha cracker
3/23/2026 12:00:00 PM
South Korea's LG Chem has temporarily shut down the No. 2 naphtha cracker at its Yeosu complex due to disruptions in supplies linked to the war in Iran, the company said in a regulatory filing Monday.
LG Chem said the temporary halt was caused by difficulties in securing naphtha feedstock for its naphtha cracking center (NCC), adding it would focus on stabilizing its supply chain and restart production promptly once raw material supplies normalize.
The company did not give a timeline for resuming operations, saying it would disclose the date once it is decided.
The plant is located in the Yeosu industrial complex and has an annual capacity of 800,000 metric tons.
Ethylene, a key petrochemical material produced at NCCs, is widely used to make plastics such as polyethylene as well as synthetic fibers, solvents and other chemical products used in packaging, construction and automotive manufacturing.
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