Overview
- An inauguration on Nov. 6 featured President Prabowo Subianto and Lotte Chairman Shin Dong-bin, marking the start of operations after a three-month pilot run.
- Construction began in 2022 on a 110-hectare site, and the LINE complex is rated for 1 million tons of ethylene, 520,000 tons of propylene and 350,000 tons of polypropylene per year.
- Lotte describes the investment as among the largest by a South Korean company in Indonesia and frames the site as the anchor for expansion across Southeast Asia.
- The facility also produces butadiene and BTX, and Indonesian officials say most output will be supplied to the domestic market.
- Company and government messaging links the project to the Making Indonesia 4.0 strategy to strengthen the nation’s chemical industry and bilateral economic ties.