Lotte Chemical Titan secures $3 billion ethylene supply deal in Indonesia
Lotte Chemical Indonesia (LCI), which recently commissioned a cracker in Indonesia's Banten province, will sell 350,000 tonnes of ethylene annually to Lotte Chemical Indonesia Nusantara (LCTN) beginning in September.
Lotte Chemical Titan indirectly controls a 92.5% stake in Lotte Chemical Titan Nusantara.
Lotte Chemical Corp's (011170.KS), opens new tab large-scale petrochemical plant, LCI, in Banten province, is 51% owned by Lotte Chemical Titan.
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