Lotte Chemical unit signs agreements for Indonesian petrochemical facility

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd’s unit, Pt Lotte Chemical Indonesia (LCI), has entered into related party transactions involving the company's integrated petrochemical facility in Indonesia.

Known as the Lotte Chemical Indonesia New Ethylene Project, LCI has awarded contracts to Lotte Data Communication Co Ltd (LDCC), Lotte Engineering & Construction Co Ltd (LEC) and Kine Project Jo for the engineering, procurement and construction of an automatic warehouse and bagging area in the petrochemical facility, a filing with Bursa Malaysia said.