South Korea's Lotte Chemical to form petchem project in Indonesia worth US$3.9b
Add BT as a preferred sourcePublished Fri, Jan 7, 2022 · 06:22 AM
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[SEOUL] South Korea's Lotte Chemical said on Friday (Jan 7) it plans to build a large-scale petrochemical complex in Indonesia with US$3.9 billion in investment.
The project's commercial production target is 2025, and the company is aiming for annual revenue of 2.4 trillion won (S$2.7 billion), the petrochemical producer said in a statement.
REUTERS
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