Lotte Chemical Titan awards $1.64B contracts for Indonesia petrochemical project

Lotte Chemical Titan Holdings Bhd, through its subsidiary PT Lotte Chemical Indonesia, awarded two contracts worth US$1.64 billion to Lotte Engineering & Construction Co Ltd for the LINE petrochemical project in Merak, Cilegon, Indonesia. The contracts cover onshore construction and offshore engineering/supply for an integrated facility including a cracker plant producing 1,000 KTA of ethylene and 520 KTA of propylene.

“The LINE project is part of the group’s plan to expand its business operations in Indonesia, through the development of an integrated petrochemical facility.”theedgemalaysia.com

• 1 source
• theedgemalaysia.comLotte Chemical Titan awards contracts worth RM6.8 bil to related party at Indonesia’s LINE projectNov 5, 2026

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