Axiall & Lotte joint venture

Table of Contents

LACC Ethane Cracker Project is known as a joint project of the Lotte Chemical firm based in South Korean and Axiall Corporation from Atlanta. It takes place in the southwestern part of Louisiana (the Lake Charles). It is aimed at developing of the chemistry infrastructure. The key task of LACC is the development of the facility for the ethylene production. It works in cooperation with Lotte’s mono-ethylene glycol plant. Ethylene is a colorless and odorless gas, which is widely applied in organic building block compound.

According to the information from the corporations’ representatives, the LACC project is going to produce one million tonnes of ethylene yearly. To reach the highest efficiency at low costs, the companies will use energy-intensive production, the key aspects of which are the recovery of heat and the usage of well-designed steam.

Axiall details

Axiall’s a large company with over 6,200 staff members and about 1,700 people working only in Louisiana. Its history started in 1986. There are more than 47 locations operated by the corporation all over the USA. The firm’s direction is chemical and plastic products. The company is an international manufacturer and suppliers of:

petrochemicals
building products
plastics.

Lotte Chemical information

It is one of the leading Asian companies, which works in the sphere of chemicals. It was established in 1976 in South Korea. The key purpose of the organization is the localization and development of petrochemical technologies. They keep expanding their business, plants, and the production of petrochemical raw materials. The main high-quality products of the firm include:

ethylene
LDPE
functional resin
EG
PIA
SM
HDPE
LLDPE, etc.

The cooperation with CB & I at Lake Charles site, LA

According to the announcement from September 2, CB & I – one of the largest sulfur processing companies, will take part in the joint venture in LA. Lotte Chemical and Axiall companies have awarded CB & I with the contract for the servicing their project at Lake Charles site, Louisiana.

The CB & I firm will be responsible for:

the construction at Lake Charles site
procurement
engineering works
spheres/spools supplies
fabrication.

The contract is estimated at $1.3 billion.

The construction at Lake Charles site is not the first cooperation for CBI. They have already provided the LACC project with the services of front-end engineering. During the new partnership, they will apply the reliable ethylene technologies, such as:

selective cracking heaters
separation procedures at low-pressure
the mixed way of refrigeration
recovery section design.

The technologies allow not just making the works more efficient but also minimizing their costs.

CB & I in the state of Louisiana, the Lake Charles: general information

CBI is a leading company, which works for the energy industry. They provide the customers with the appropriate technologies and infrastructure. The primary advantages of the firm are: