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LG Cracker to remain shut for three months due to fire

South Korean producer LG Chem is likely to extend its shutdown of its naphtha cracker. The unit is likely to remain shut for around three months as it was badly affected by fire on 5th November .

The company has been figuring out the cause of this fire.

Unit is absed at Yeosu in South Korea and has the production capacity of 1.2 mln tonnes of Ethylene.