Lotte Group mulls US$5 bln investment in petrochemicals in Indonesia

23-Feb-11
South Korea's Lotte Group is considering a US$5 bln investment in petrochemicals in Indonesia’s Java island, as per Reuters. Lotte currently owns two petrochemical production facilities in Indonesia through Titan Chemicals, that Lotte acquired last year via unit Honam Petrochemical. The project would be on Java island and take 4-5 years.
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