# Lotte Chemical and Westlake Chemical invest $1.9 billion in ethane cracker complex in Louisiana

Lotte Chemical USA is investing in a $1.9 billion joint venture with Westlake Chemical to build an ethane cracker complex in Lake Charles, Louisiana. The complex is under construction and expected to begin operating in 2019, producing 1 million tons per year of ethylene.

- Type: Investment
- Announced: 2017-04-06
- Where: Lake Charles, Louisiana, United States
- Value: $1.90B
- Starts operating: 2019
- Status: under construction
- Capacity: 1 million tons per year of ethylene
- Products: ethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Lotte Chemical USA](https://endata.com/companies/23413.md) (partner)
- [Westlake Chemical](https://endata.com/companies/23414.md) (partner)

## Sources

- [opportunitylouisiana.gov](https://www.opportunitylouisiana.gov/news/lotte-chemical-usa-to-move-headquarters-to-louisiana), 2017-04-06: "Both plants are expected to begin operating in 2019."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
