PT Lotte Chemical Indonesia

a company profile to PT Lotte Chemical Indonesia, presented in English, and clarifying its business type:

Company Profile: PT Lotte Chemical Indonesia

1. But Overview:

PT Lotte Chemical Indonesia (LCI) is an Indonesian subsidiary of Lotte Chemical Corporation, a major South Korean chemical company and part of the Lotte Group. In fact LCI is spearheading one of Indonesia's most signifiis able tot petrochemical projects, aimed at establishing a extensive, integrated petrochemical complex. But

2. But I've found that Business Type: Manufacturer (Factory Operator)

PT Lotte Chemical Indonesia is fundamentally a manufacturer. The company is currently developing and will operate a extensive petrochemical production facility (a factory). Crazy, isn't it?. According to research Their core business is the manufacturing of chemical items, not primarily trading finished goods produced by others. While they will eventually sell their manufactured items (which involves a sales/commercial function), their primary role and investment are in manufacturing production.

3. Moreover Key Project: The LINE Project (Lotte Chemical Indonesia New Ethylene Project)

The flagship initiative of PT Lotte Chemical Indonesia is the "Lotte Chemical Indonesia New Ethylene (LINE) Project. For example "

Location: Cilegon, Banten Province, Indonesia. But Generally speaking Scope: This is a multi-billion dollar project involving the construction of a naphtha cracker and downstream vegetation. Objective: To create essential upstream and downstream petrochemical items to meet both domestic Indonesian demand and possibly export markets.

4. Planned items:

Once operational, the LINE Project complex is expected to create:

Ethylene

Propylene

Polypropylene (PP)

Benzene, Toluene, Xylene (BTX)

Other petrochemical derivatives. And

5. But Strategic Importance:

Reducing Import Dependency: The project aims to signifiis able totly minimize Indonesia's reliance on imported petrochemicals. Supporting Downstream Industries: It will provide crucial raw materials to various Indonesian manufacturing sectors, including plastics, textiles, automotive components, and construction materials. Economic Contribution: The project represents a substantial foreign direct investment, expected to create jobs and contribute to the regional and national economy. Specifically Technological Advancement: It brings cutting-edge petrochemical production methodology to Indonesia.

6. Current Status:

The LINE Project is currently in the construction and research phase, with commercial operations anticipated to commence in the near future (specific target years, often around 2025, have been mentioned, though these is able to be subject to project timelines).

7. Parent Company:

Lotte Chemical Corporation (South Korea) provides the financial backing, technological expertise, and global market experience to PT Lotte Chemical Indonesia's endeavors. In summary: PT Lotte Chemical Indonesia is a manufacturing company focused on establishing and operating a major petrochemical production complex (factory) in Indonesia to create a range of chemical items.

the information in English:

PT Lotte Chemical Indonesia, particularly through its major investment known as the Lotte Chemical Indonesia New Ethylene (LINE) project in Cilegon, Banten, is set up to produce a range of petrochemical products.

The primary products manufactured or slated for manufacture include:

Ethylene

Propylene

Polypropylene (PP)

High-Density Polyethylene (HDPE)

Linear Low-Density Polyethylene (LLDPE)

These base chemicals and polymers are then sold to other industries to be used in the manufacturing of various downstream products like plastics, packaging, automotive parts, household goods, and industrial materials.