# Lotte Chemical Titan signs EPC contracts for $3.95B petrochemical project in Indonesia

Lotte Chemical Titan signed EPC contracts for its new integrated petrochemical facility (LINE project) in Indonesia, with investment of about $3.95 billion, expected completion by 2025.

- Type: Contract
- Announced: 2022-01-07
- Where: Indonesia, Indonesia
- Value: $3.95B
- Status: announced
- Capacity: 1000 KTA ethylene, 520 KTA propylene
- Products: ethylene, propylene, petrochemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lotte Chemical Titan Holdings Bhd](https://endata.com/companies/15823.md)
- [PT Lotte Chemical Indonesia](https://endata.com/companies/15824.md)
- [Hyundai Engineering](https://endata.com/companies/1884.md) (partner)
- [Lotte Engineering & Construction](https://endata.com/companies/9102.md) (partner)

## Sources

- [dagangnews.com](https://www.dagangnews.com/index.php/article/lotte-chemical-titan-tandatangani-kontrak-epc-untuk-projek-line-di-indonesia-11999), 2022-01-07: "Kontrak pembinaan di kawasan darat itu akan ditandatangani dengan PT Hein Global Utama, yang merupakan usaha sama antara Hyundai Engineering Co Ltd dan PT Hans Enjiniring dan Konstruksi"

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