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Indonesia opens Southeast Asia’s largest petrochemical plant, cutting imports and creating jobs.
Indonesian President Prabowo Subianto inaugurated a $4 billion petrochemical plant in Cilegon, built by South Korea’s Lotte Chemical, on November 6, 2025, marking Southeast Asia’s largest facility of its kind.
The plant, which began operations in October, produces 1 million metric tons of ethylene annually and is expected to cut Indonesia’s ethylene imports by over 90%.
Prabowo credited former President Joko Widodo for initiating the project and highlighted the importance of foreign investment and national unity.
The facility, spanning 107.8 hectares, will also produce key petrochemicals and create tens of thousands of jobs.
Indonesia’s investment agency is considering a 35% stake in the company to support downstream industrial growth.
Indonesia abre la mayor planta petroquímica del sudeste asiático, reduciendo las importaciones y creando empleos.