Lotte Chemical Supports Science Education and Environmental Protection in Cilegon City, Indonesia

Business Agreement with Cilegon City, Indonesia, Developing a Large-Scale Stone Processing Complex

On the afternoon of the 30th, Lotte Chemical signed a business agreement to support education and strengthen eco-friendly activities in Cilegon, Indonesia, at the Cilegon City Hall. Attendees included Lim Dong-hee, CEO of Lotte Chemical Indonesia (LCI) (fourth from the left), Helldy Agustian, Mayor of Cilegon City (fourth from the right), and Choi Young-kwang, Head of Communications at Lotte Chemical (third from the right). Photo by Lotte Chemical

Lotte Chemical has rolled up its sleeves to support education and environmental protection in Cilegon City, Indonesia, where it is developing a large-scale petrochemical complex.

On the afternoon of the 30th, Lotte Chemical Indonesia (LCI) CEO Lim Dong-hee, Lotte Chemical Head of Communications Choi Young-kwang, and Cilegon Mayor Helldy Agustian attended a signing ceremony at Cilegon City Hall to establish a memorandum of understanding to enhance educational sponsorship and eco-friendly activities in Cilegon. This marks Lotte Chemical's first social contribution cooperation case with an overseas local government.

Through this agreement, Lotte Chemical will collaborate with the city to build a quality educational environment focused on science and environmental fields for schools in Cilegon. It will provide equipment and teaching materials to elementary schools and develop educational content for middle schools to improve the learning environment. For university students, expert mentoring programs will be supported, operating specialized programs in science and environmental fields.

Additionally, Lotte Chemical plans to install facilities related to environmental protection activities and design resident-participatory programs to strengthen resource circulation systems and culture within the Cilegon community.

Kim Kyo-hyun, Vice Chairman of Lotte Chemical, stated, "Lotte Chemical highly values Indonesia's growth potential and is carrying out a large-scale project. Starting with this social contribution agreement with Cilegon City, Indonesia, we will continue to expand our corporate social responsibility not only domestically but also to overseas communities."

Lotte Chemical actively conducts social contribution activities at its overseas sites focusing on three themes: environment, women and children, and local communities. Under the environment theme, it has supported agricultural water reservoirs in Indonesia. In Malaysia, it sponsored early breast cancer diagnosis for low-income women. In Hungary, it participated in improving fire station facilities to enhance community safety. Furthermore, in Indonesia, it operates internships for about 10 students monthly to provide opportunities for students to study safety, health, and environment while gaining practical corporate experience.

Meanwhile, Lotte Chemical is investing a total of $3.9 billion in Indonesia to develop a large-scale petrochemical complex called the ‘LINE Project,’ aiming for commercial production by 2025. The construction company was selected in January last year, and construction is currently underway. The complex is expected to produce petrochemical products including 1 million tons of ethylene (EL), 520,000 tons of propylene (PL), and 250,000 tons of polypropylene (PP) annually.

By producing ethylene based on naphtha and LPG (liquefied petroleum gas), raw materials for the ethylene plant, Lotte Chemical aims to secure cost competitiveness. Entering the Indonesian petrochemical market, which imports PE and PP products and has high growth potential, is expected to strengthen its dominance in the Southeast Asian market and complete vertical integration with the existing PE plant in Indonesia.

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