# Lotte Chemical and Westlake Chemical invest over $3B in ethane cracker complex in Lake Charles

Lotte Chemical and Westlake Chemical have invested over $3 billion in a 1 million tons per year ethane cracker and specialty chemical complex near Lake Charles, Louisiana. The complex is operational, with SMWP/AIG providing maintenance services.

- Type: Investment
- Announced: 2022-01-28
- Where: Lake Charles, Louisiana, United States
- Value: $3.00B
- Status: completed
- Capacity: 1 million TPY
- Products: ethane cracker, specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lotte Chemical](https://endata.com/companies/2025.md) (investor)
- [Westlake Chemical](https://endata.com/companies/23414.md) (investor)

## Sources

- [allianceindustrialgroup.com](https://allianceindustrialgroup.com/projects/lotte-chemical-company-lacc/), 2022-01-28: "Lotte Chemical and Westlake Chemical have invested over $3 billion USD in this 1 million TPY Ethane cracker and specialty chemical complex near Lake Charles, LA."

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