News
21 March 2023

Lotte secures $2.4bn for Indonesian petrochemical facility

In:
Oil & gas
Region:
Asia-Pacific

Lotte Group has signed a 12-year term loan facility of $2.4 billion with the Export-Import Bank of Korea (Kexim), Korea Trade Insurance Corporation (Ksure) and other commercial banks to fund the development of its Integrated Petrochemical Facility, also known as the LOTTE Chemical Indonesia New...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
24 January 2025

SAFCO's solution to the SAF green premium

SAF projects are complex to finance, with short offtake contracts and high prices often deterring project finance lenders. SAFCO Ventures has lowered costs to secure a...

Perspective
31 January 2025

A tight financing window for Indonesia’s 2040 coal deadline

Indonesia will need to seriously pick up the pace of both renewables and coal retirement financing to meet a 2040 coal phase-out ambition. A lacklustre and elections-scarred...