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Lotte Chemical to Start Operating Indonesia Cracker in H2 2025

Summary by AUGAF
Jakarta May 16 2025: Lotte Chemical (011170.KS) plans to start operations at its new cracker in Indonesia in the second half of 2025, an executive at Lotte’s Malaysia affiliate said on Friday. The new cracker which has the capacity to produce 1 million metric tons per year of ethylene is part of a $3.95 billion project at Cilegon, in Indonesia’s Banten province. The facility is starting up at a time when petrochemical companies globally are faci…
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AUGAF broke the news in on Friday, May 16, 2025.
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