Lotte Chemical Titan to sign EPC contracts for LINE project

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd's Indonesian subsidiary PT Lotte Chemical Indonesia will be signing engineering, procurement and construction (EPC) contracts for the Group A work package of its new integrated petrochemical facility in Indonesia.

In a statement, it said the facility known as the Lotte Chemical Indonesia new ethylene (LINE) project, which has an investment value of about US$3.95bil (RM17bil), will serve as the key expansion driver in Southeast Asia.