Showing posts with label Lotte. Show all posts
Showing posts with label Lotte. Show all posts

12/04/2010

Lotte Chemical UK - Update 2

photo : Middlesbrough Evening Gazette

The Lotte Chemical UK PTA plant has now successfully restarted, following the recent acquisition from Artenius UK.

The plant had been mothballed for 13 months following the closure by Artenius but was restarted successfully and ahead of schedule by its new owners.

This is quite remarkable, given that the new production team was only recruited during March of this year. Fortunately, the Teesside area of North East England has excellent process industry skills, so finding people with the right skills and experience was reportedly much easier than it might have been.

Even so, a plant restart after such a period is a complex activity. To successfully achieve it ahead of time  is a remarkable achievement. Many congratulations to all involved!

22/03/2010

Lotte Chemical UK - Update

According to press reports, the Wilton PTA plant will now restart on 15th April. The blog wishes very good luck to Lotte Chemical and its staff at Wilton.

15/03/2010

UK PTA Plant Set to Restart

photo : El Economista

Following numerous posts about site closure, I'm delighted to post an article about a plant restart. Back in July last year, this blog reported the closure of the La Seda PTA/PTA plant at Wilton, UK.

The company Lotte Chemical UK Ltd., a part of the wider Lotte Group recently bought the Wilton Plant for 26 Billion Korean Won (US$22.4 mln). The Wilton plant has capacity to produce 500,000 tpa of purified terephthalic acid and 150,000 tpa of polyethylene terephthalate.

The Lotte Group's goal is "to be come a group that is appreciated by even one more person and to produce products that are loved by as many people as possible" - I'm sure that the company is appreciated by quite a few people on Teesside just now!