The 3,000-cubic-meter tank at the Ulsan HDOT terminal will serve as a domestic hub for glacial acrylic acid and strengthen the supplier’s Northeast Asia network.
Wind-down is scheduled to begin in September 2027, with some products expected to be discontinued and others potentially transferred to different facilities.
The phased Gurun project expands LB Group’s Southeast Asia manufacturing footprint with planned annual capacity of 300,000 metric tons of advanced materials.
PCI’s coverage through early September shows how resin suppliers and formulators are balancing higher performance, renewable content and a changing supply base.