Chemical Processing
Indonesia's Lotte Chemical to Build Petrochemical Plant in Cilegon
Indonesia's PT Lotte Chemical is scheduled to begin construction soon on a petrochemical plant in the city of Cilegon, in the Banten province, following six years of delays
Released Thursday, October 13, 2022
Reports related to this article:
Project(s): View 3 related projects in PECWeb
Plant(s): View 1 related plant in PECWeb
Researched by Industrial Info Resources (Sugar Land, Texas)--Indonesia's PT Lotte Chemical is scheduled to begin construction soon on a petrochemical plant in the city of Cilegon, in the Banten province, with an estimated investment value of Rp60 trillion (US$3.9 billion). The development follows six years of delays.
The Lotte Chemical Indonesia New Ethylene (LINE) Project will feature Indonesia's first naphtha cracker in about 25 years. It is expected to start construction by late 2022 and to be completed by 2025.
The LINE Project will have a production capacity of nearly 2 million tons per year, including 520,000 tons of ethylene, 250,000 tons of propylene, among other derivative products. Currently, about 50% of Indonesia's petrochemical products are imported.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports related to the LINE Project, and click here for a detailed plant profile.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
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