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Indonesia’s LINE Project Assigns EPC Duties

LOTTE Chemical recently announced that its subsidiary, PT LOTTE Chemical Indonesia that it will be assigning engineering, procurement, and construction contracts for the company’s upcoming $3.95 billion dollar Lotte Chemical Indonesia New Ethylene (“LINE”) petrochemical project in Merak, Cilegon, Banten Province, Indonesia. The onshore contracts are signed with a joint venture of Hyundai Engineering and PT Hans Enjiniring dan Konstrucksi named PT HEIN Global Utama and covers the construction of a cracker plant with the capacity for 1 MMtpy of ethylene and 520,000 tpy of propylene with a contract value of $757.2 million. Further work packages were also signed for downstream works and other i

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