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Danantara to Invest in Petrochemical Plant

Monday, May 26, 2025

Danantara is set to invest in Lotte Group's petrochemical plant. It is a strategic move into a promising, ongoing project.

arsip tempo : 177349136427.

Lotte Chemical Indonesia's petrochemical industrial park in Cilegon, Banten. Lottechem Doc. . tempo : 177349136427.

THE new petrochemical plant owned by Lotte Chemical Indonesia in the Cilegon industrial zone, Banten, began trial operations on Wednesday, May 21, 2025. Gas flares shot into the sky through the towering chimneys of what is called the New Ethylene Project.

According to Mohamad Khalimi, Senior Assistant Manager of General Affairs at Lotte Chemical Indonesia, the gas combustion marks the official startup of the facility. He urged local residen

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M. Iqbal in Cilegon contributed to this article. 

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