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Pt. Lotte Chemical Indonesia

Full company profile

uuid00stetl

Namestring
Pt. Lotte Chemical Indonesia
Legal namestring
Pt. Lotte Chemical Indonesia
Websiteurl
lottechem.id
Company typeenum
Private
Founded yearint
2016
Descriptiontext

PT Lotte Chemical Indonesia is a privately held Indonesian petrochemical manufacturer incorporated in 2016 as a Perseroan Terbatas (private limited company) under the 'LOTTE Chemical Family' brand umbrella of Korean conglomerate Lotte Chemical. The company produces and supplies petrochemicals and polymer resins to industrial manufacturing customers, operating from Jakarta, Indonesia, with a workforce of 501–1,000 employees. Its primary customer segment is horizontal: industrial manufacturers requiring chemical raw materials and petrochemical products for Indonesian and broader Southeast Asian industrial markets. The company has a regional geographic footprint covering Indonesia and adjacent Southeast Asian markets, with no global footprint claim asserted.

The business model is B2B direct sales to enterprise customers using quote-based transactions, consistent with industrial chemical procurement conventions. Pricing is not publicly disclosed. The corporate website (lottechem.id) is offered bilingually in English and Indonesian and surfaces functional areas including company information, products, R&D, sustainability (HSE, CSR, compliance, ethics management), careers, and PR. There are no publicly disclosed patents, certifications, awards, partnerships, or named customer logos in the provided source data, and product-level detail is not specified beyond the general petrochemical and polymer resin category. The company's stated differentiation rests on its membership in the Lotte Chemical Family and the global backing and resources of the Korean parent.

No AI/ML capabilities, digital platform, or proprietary technology stack is described in the available data; the technology field references only 'chemical manufacturing and production' with no proprietary features enumerated. The company appears to operate as a downstream manufacturing and distribution node for the parent's petrochemical value chain rather than as an independent technology-led business. This structural dependence on the parent both underwrites the Indonesian entity's competitive position and limits its independent strategic optionality.

Short descriptiontext

PT Lotte Chemical Indonesia is a Jakarta-based petrochemical and polymer resin manufacturer serving industrial customers across Indonesia and Southeast Asia as a subsidiary of Korean conglomerate Lotte Chemical.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersJakarta, Indonesia
HQ citystring
Jakarta
HQ countrystring
Indonesia
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
petrochemical manufacturing, polymer resin production, industrial chemical supply, petrochemical derivatives, chemical raw materials
Industry1 code
1Base Olefins (Ethylene, Propylene, Butadiene)
CodeIMAEADAAPrimaryYes
NAICS code2 codes
  • Petrochemical Manufacturing325110
  • Plastics Material and Resin Manufacturing325211
SIC code2 codes
  • Industrial Organic Chemicals2860
  • Chemicals & Allied Products2800
Product category
Petrochemicals
Social media profiles1 record
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

PT Lotte Chemical Indonesia produces and supplies petrochemicals and polymer resins for industrial manufacturing customers. As an Indonesian subsidiary of LOTTE Chemical, the company supplies chemical raw materials and petrochemical products to industrial and regional markets in Southeast Asia.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Petrochemicals
CategoryPetrochemicals
Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Indonesia's largest integrated petrochemical producer operating a naphtha cracker and downstream polyolefin plants in Cilegon. Directly competes with PT Lotte Chemical Indonesia in the same domestic market with overlapping ethylene, propylene, PE, and PP product lines.

TypeBroad incumbent
Description

Taiwan-based integrated petrochemical producer with major olefin and polyolefin capacity. Operates globally and competes in Asian polymer markets with similar commodity petrochemical positioning.

TypeBroad incumbent
Description

Saudi Arabian petrochemical giant producing olefins, polyolefins, and a wide range of commodity and specialty chemicals. Competes in Asian polymer markets and represents the regional low-cost feedstock competitor.

TypeBroad incumbent
Description

Indian conglomerate with one of the world's largest integrated petrochemical complexes producing olefins, polyolefins, and polyesters. Competes across Asian markets with significant scale advantages.

TypeBroad incumbent
Description

Integrated petrochemical producer with major olefin and polyolefin capacity globally. Competes in Asian polymer markets through exports and regional supply arrangements.

TypeBroad incumbent
Description

Thai petrochemical arm of SCG Group producing olefins and a wide range of polymer resins. Competes across Southeast Asia with vertically integrated operations spanning from feedstock to finished plastic products.

TypeBroad incumbent
Description

Global materials science company with large integrated petrochemical operations producing ethylene, propylene, and polyolefins. Competes with PT Lotte Chemical Indonesia in Asian and global polymer markets.

TypeBroad incumbent
Description

Thailand's largest integrated petrochemical and refining company producing olefins, aromatics, and polymers. Regional incumbent operating in adjacent Southeast Asian markets with overlapping product portfolio and similar integrated value chain.

TypeBroad incumbent
Description

Indonesian state-owned oil and gas company with petrochemical operations through its refinery and chemical subsidiaries. A large incumbent in the domestic Indonesian market with integrated feedstock access.

TypeBroad incumbent
Description

World's largest chemical company with extensive petrochemical and polymer operations including olefins and polyolefins. Competes across Southeast Asia and represents a global integrated incumbent in commodity chemicals.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Pt. Lotte Chemical Indonesia

Petrochemicalslottechem.id

PT Lotte Chemical Indonesia is a Jakarta-based petrochemical and polymer resin manufacturer serving industrial customers across Indonesia and Southeast Asia as a subsidiary of Korean conglomerate Lotte Chemical.

What Pt. Lotte Chemical Indonesia does

PT Lotte Chemical Indonesia is a privately held Indonesian petrochemical manufacturer incorporated in 2016 as a Perseroan Terbatas (private limited company) under the 'LOTTE Chemical Family' brand umbrella of Korean conglomerate Lotte Chemical. The company produces and supplies petrochemicals and polymer resins to industrial manufacturing customers, operating from Jakarta, Indonesia, with a workforce of 501–1,000 employees. Its primary customer segment is horizontal: industrial manufacturers requiring chemical raw materials and petrochemical products for Indonesian and broader Southeast Asian industrial markets. The company has a regional geographic footprint covering Indonesia and adjacent Southeast Asian markets, with no global footprint claim asserted.

The business model is B2B direct sales to enterprise customers using quote-based transactions, consistent with industrial chemical procurement conventions. Pricing is not publicly disclosed. The corporate website (lottechem.id) is offered bilingually in English and Indonesian and surfaces functional areas including company information, products, R&D, sustainability (HSE, CSR, compliance, ethics management), careers, and PR. There are no publicly disclosed patents, certifications, awards, partnerships, or named customer logos in the provided source data, and product-level detail is not specified beyond the general petrochemical and polymer resin category. The company's stated differentiation rests on its membership in the Lotte Chemical Family and the global backing and resources of the Korean parent.

No AI/ML capabilities, digital platform, or proprietary technology stack is described in the available data; the technology field references only 'chemical manufacturing and production' with no proprietary features enumerated. The company appears to operate as a downstream manufacturing and distribution node for the parent's petrochemical value chain rather than as an independent technology-led business. This structural dependence on the parent both underwrites the Indonesian entity's competitive position and limits its independent strategic optionality.

Pt. Lotte Chemical Indonesia firmographics

Firmographics
Name
Pt. Lotte Chemical Indonesia
Legal name
Pt. Lotte Chemical Indonesia
Website
https://lottechem.id
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
501–1,000 employees
Short description
PT Lotte Chemical Indonesia is a Jakarta-based petrochemical and polymer resin manufacturer serving industrial customers across Indonesia and Southeast Asia as a subsidiary of Korean conglomerate Lotte Chemical.
Ownership category
akta.pro rank

Pt. Lotte Chemical Indonesia industry classification

Industry
Product category
Petrochemicals
NAICS
Petrochemical Manufacturing (325110), Plastics Material and Resin Manufacturing (325211)
SIC
Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)
akta.pro primary industry
Base Olefins (Ethylene, Propylene, Butadiene) (IMAEADAA)

Keywords

  • Petrochemical manufacturing
  • Polymer resin production
  • Industrial chemical supply
  • Petrochemical derivatives
  • Chemical raw materials

Where Pt. Lotte Chemical Indonesia is headquartered

Location

Headquarters

HQ city
Jakarta
HQ country
Indonesia
HQ region
Asia

Offices1 record

Markets served

Pt. Lotte Chemical Indonesia business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Distribution channels1 record

Marketing channels1 record

Pt. Lotte Chemical Indonesia product offering

Product offering

Core offering

PT Lotte Chemical Indonesia produces and supplies petrochemicals and polymer resins for industrial manufacturing customers. As an Indonesian subsidiary of LOTTE Chemical, the company supplies chemical raw materials and petrochemical products to industrial and regional markets in Southeast Asia.

Differentiator

Problem solved

Functional benefit

Products and services

  • Petrochemicals

Companies that use Pt. Lotte Chemical Indonesia

Customer profile

Segments1 record

Ideal customer profiles1 record

Pt. Lotte Chemical Indonesia technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Pt. Lotte Chemical Indonesia partnerships and signals

Strategic signal

Recent moves3 records

Expansion highlights3 records

Pt. Lotte Chemical Indonesia competitors and assessment

Company assessment

Direct peers

  • Chandra Asri Petrochemical: Indonesia's largest integrated petrochemical producer operating a naphtha cracker and downstream polyolefin plants in Cilegon. Directly competes with PT Lotte Chemical Indonesia in the same domestic market with overlapping ethylene, propylene, PE, and PP product lines.

Broad incumbents

  • Formosa Plastics Group: Taiwan-based integrated petrochemical producer with major olefin and polyolefin capacity. Operates globally and competes in Asian polymer markets with similar commodity petrochemical positioning.
  • SABIC: Saudi Arabian petrochemical giant producing olefins, polyolefins, and a wide range of commodity and specialty chemicals. Competes in Asian polymer markets and represents the regional low-cost feedstock competitor.
  • Reliance Industries: Indian conglomerate with one of the world's largest integrated petrochemical complexes producing olefins, polyolefins, and polyesters. Competes across Asian markets with significant scale advantages.
  • ExxonMobil Petrochemical: Integrated petrochemical producer with major olefin and polyolefin capacity globally. Competes in Asian polymer markets through exports and regional supply arrangements.
  • SCG Chemicals: Thai petrochemical arm of SCG Group producing olefins and a wide range of polymer resins. Competes across Southeast Asia with vertically integrated operations spanning from feedstock to finished plastic products.
  • Dow Chemical: Global materials science company with large integrated petrochemical operations producing ethylene, propylene, and polyolefins. Competes with PT Lotte Chemical Indonesia in Asian and global polymer markets.
  • PTT Global Chemical: Thailand's largest integrated petrochemical and refining company producing olefins, aromatics, and polymers. Regional incumbent operating in adjacent Southeast Asian markets with overlapping product portfolio and similar integrated value chain.
  • Pertamina (Kilang Pertamina Internasional): Indonesian state-owned oil and gas company with petrochemical operations through its refinery and chemical subsidiaries. A large incumbent in the domestic Indonesian market with integrated feedstock access.
  • BASF: World's largest chemical company with extensive petrochemical and polymer operations including olefins and polyolefins. Competes across Southeast Asia and represents a global integrated incumbent in commodity chemicals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Pt. Lotte Chemical Indonesia social profiles

Digital presence

Pt. Lotte Chemical Indonesia financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Pt. Lotte Chemical Indonesia leadership team

Management profile

Number of profiles

Profiles1 record

Pt. Lotte Chemical Indonesia funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Pt. Lotte Chemical Indonesia M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pt. Lotte Chemical Indonesia

What does Pt. Lotte Chemical Indonesia do?

PT Lotte Chemical Indonesia produces and supplies petrochemicals and polymer resins for industrial manufacturing customers. As an Indonesian subsidiary of LOTTE Chemical, the company supplies chemical raw materials and petrochemical products to industrial and regional markets in Southeast Asia.

Is Pt. Lotte Chemical Indonesia a public or private company?

Pt. Lotte Chemical Indonesia is a private company. It is classified as corporate owned and is currently operating.

When was Pt. Lotte Chemical Indonesia founded?

Pt. Lotte Chemical Indonesia was founded in 2016. It employs 501 to 1,000 people.

Where is Pt. Lotte Chemical Indonesia based?

Pt. Lotte Chemical Indonesia is headquartered in Jakarta, Indonesia, in the Asia region.

Who are Pt. Lotte Chemical Indonesia's main competitors?

Chandra Asri Petrochemical is listed as a direct peer. Broad incumbents are Formosa Plastics Group, SABIC, Reliance Industries, ExxonMobil Petrochemical, SCG Chemicals, Dow Chemical, PTT Global Chemical, Pertamina (Kilang Pertamina Internasional) and BASF.

Does Pt. Lotte Chemical Indonesia have an API?

No public API is recorded for Pt. Lotte Chemical Indonesia.

What industry is Pt. Lotte Chemical Indonesia in?

Pt. Lotte Chemical Indonesia's product category is Petrochemicals. Its primary akta.pro industry code is IMAEADAA, Base Olefins (Ethylene, Propylene, Butadiene). Its NAICS code is 325110 and its SIC code is 2860.

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Live signals
TeknoToday's Top 3 News: ADB and FTSE Russell Confirm Indonesia's Economic ResilienceThe article reports on three main news items in Indonesia: ADB and FTSE Russell confirming Indonesia's economic resilience; Lotte Chemical Indonesia addressing raw material supply issues amid Middle East conflicts; and ongoing investigations into sexual harassment at the University of Indonesia.PlataformamediaLOTTE Chemical Indonesia, Milliken, and Tederic host joint seminar showcasing advanced polypropylene solutionsLOTTE Chemical Indonesia, Milliken & Company, and Tederic held a joint seminar on November 21, 2025, in Jakarta, Indonesia, showcasing advances in polypropylene production and processing. This seminar highlighted the innovative polypropylene grades introduced by LOTTE Chemical, enhanced by Milliken's additives, and Tederic's energy-efficient injection molding machines. The event aimed to progress sustainability and operational excellence in the plastics industry.ANTARA NewsPrabowo vows safe, open climate for foreign investmentPresident Prabowo Subianto inaugurated Lotte Chemical Indonesia's new petrochemical plant in Cilegon, Banten, reaffirming Indonesia's commitment to providing a safe and business-friendly environment for foreign investors. The facility, built with a US$4 billion investment, is the country's first naphtha cracker plant in three decades and is projected to produce 1,000 kilotons of ethylene annually alongside other petrochemical products, employing tens of thousands of workers. Prabowo emphasized that legal certainty and rule of law are essential to sustaining investor confidence and attracting further foreign capital.ANTARA NewsPrabowo opens Southeast Asia's largest petrochemical plant in CilegonIndonesian President Prabowo inaugurated Southeast Asia's largest petrochemical plant operated by South Korea's Lotte Chemical Indonesia (LCI) in Cilegon, Banten on November 6, 2025. Built with a $4 billion investment across 107.8 hectares, the facility is designed to produce 1,000 kilotons of ethylene annually along with propylene, polypropylene, butadiene, and benzene derivatives, employing tens of thousands of workers. Indonesia's state investment agency Danantara has expressed interest in acquiring a 35-percent stake in LCI to benefit from the plant's operations.