Lotte Chemical Indonesia agrees 10-year ethylene supply deal with Asahimas Chemical
07/05/2025 11:40
NEW DELHI, May 7 (Reuters) - Lotte Chemical Corp's 011170.KS $3.9 billion large-scale petrochemical plant in Indonesia has signed a 10-year ethylene supply contract with PT Asahimas Chemical (ASC), the company said on Wednesday. "Lotte Chemical Indonesia (LCI) will supply ethylene, a key raw material in the petrochemical industry, to ASC for its production processes," it said without specifying the volume of supply. (Reporting by Mohi Narayan, Editing by Louise Heavens) ((Mohi.Narayan@thomsonreuters.com; https://twitter.com/_mohi_;))
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