Lotte Chemical Titan's Subsidiaries Secure RM12.69 Billion Ethylene Supply Deal

Lotte Chemical Titan's subsidiaries, PT Lotte Chemical Titan Nusantara and PT Lotte Chemical Indonesia, have signed a RM12.69 billion ethylene supply agreement for 10 years. The annual quantity to be purchased is 350,000 metric tonnes, with the transaction expected to generate synergistic effects and create direct and indirect positive impacts for the LCTH Group. The agreement enables LCTN to secure a sustainable supply of feedstock for its operations and benefit from a competitive and stable ethylene purchase price due to its proximity to LCI.