Wilton Site PET Expansion Approved

26 October 2011

Key highlights

The UK Government's BIS confirmed funding support for the new PET plant.
The new 200 ktpa PET plant will be operational by Q3/4 2013.
The plant will be built alongside the existing 150 ktpa PET plant at Wilton.
The project includes resins incorporating post-consumer recycled PET.

Related project For subscribers

Milestones, plant data, involved companies (owners, investors, licensors, contractors) and news — kept up to date.

Lotte teeside · United Kingdom

Operational / Completed

~2010 Q4

2011-10

2012-10

Explore this project in chemXplore →

Project Approval and Funding

Lotte Chemical UK Ltd (LCUK) has received board approval to expand Polyethylene Terephthalate (PET) production at its Wilton, UK site. The UK Government's Department for Business Innovation & Skills (BIS) confirmed that LCUK secured Regional Growth Fund support, with a conditional offer of funding. Additionally, KP Chemical of South Korea, LCUK's parent company, granted its support in early summer.

New PET Plant Details

LCUK will construct a 200 ktpa PET plant at the Wilton site, adjacent to its existing 150 ktpa PET plant (M5). The new plant is scheduled to be operational by Q3/4 2013. This expansion will enhance the capacity of the co-located T8 PTA plant and enable LCUK to diversify its PET product range, including resins with post-consumer recycled PET.

Local Support

Ian Swales, MP for Redcar and Cleveland, expressed his support for the new plant, highlighting the government's commitment to boosting the manufacturing industry and attracting inward investment to Teesside. The Regional Growth Fund's significant capital investment in the project exemplifies this commitment.