Company Profile:
the company introduction for PT. LOTTE CHEMICAL TITAN NUSANTARA, identifying it as a manufacturer, presented in English:
PT. LOTTE CHEMICAL TITAN NUSANTARA - Company Profile
PT. Lotte Chemical Titan Nusantara (LCTN) is a prominent petrochemical company based in Indonesia. It is a subsidiary of Lotte Chemical Corporation, a major South Korean chemical conglomerate.
Core Business and Operations:
LCTN is primarily engaged in the manufacturing of petrochemical products. Its core operations revolve around the production of olefins and polyolefins. Key products typically include:
Polyethylene (PE): Used in a wide variety of applications, including packaging films, bottles, containers, and pipes.
Polypropylene (PP): Used for packaging, automotive parts, textiles, consumer goods, and industrial applications.
The company operates a significant petrochemical manufacturing complex in Indonesia, often located in key industrial zones like Cilegon, Banten. This facility is designed for the large-scale production of its core chemical products, starting from raw materials such as naphtha.
Market Position and Role:
LCTN plays a crucial role in supplying essential raw materials to various downstream industries within Indonesia and potentially for export to other markets in Southeast Asia and beyond. It contributes to the domestic petrochemical supply chain and supports industrial growth.
Factory vs. Trader:
PT. Lotte Chemical Titan Nusantara is fundamentally a manufacturer (factory). Its primary business is the production of petrochemicals within its own industrial facilities. While the company will naturally engage in the sales and distribution of its manufactured goods (which involves commercial transactions), its core identity and operations are centered around chemical production, not simply buying and reselling products made by others.
In summary, PT. Lotte Chemical Titan Nusantara is a manufacturing entity focused on petrochemical production, forming an integral part of Indonesia's industrial sector and Lotte Chemical's global manufacturing footprint.
Enterprise Products
the information in English:
PT. LOTTE CHEMICAL TITAN NUSANTARA in Indonesia primarily produces and sells Polyethylene (PE). Their main product lines include:
High-Density Polyethylene (HDPE)
Linear Low-Density Polyethylene (LLDPE)
Low-Density Polyethylene (LDPE)
These products are used in a wide variety of applications, such as:
Film and sheet (for packaging, agricultural film, etc.)
Injection molding (for housewares, crates, caps, etc.)
Blow molding (for bottles, containers, etc.)
Pipes and conduits
Wire and cable insulation
It's worth noting that Lotte Chemical is also developing a major new petrochemical complex in Indonesia (the Lotte Chemical Indonesia New Ethylene Project - LINE Project) which will significantly expand their product portfolio in the future to include ethylene, propylene, polypropylene (PP), and other derivatives, but the core products of PT. Lotte Chemical Titan Nusantara historically revolve around these Polyethylene grades.