What is the latest status of the project “Lotte Chemical Complex”?

The status recorded for “Lotte Chemical Complex” is completed.

What is the budget and commercial profile for the project “Lotte Chemical Complex”?

Taiyo normalizes the budget of “Lotte Chemical Complex” to USD 3100000000.

Where can I verify the source and access all details for “Lotte Chemical Complex”?

This Taiyo project page references Area Development along with the original URL (https://www.areadevelopment.com/newsItems/5-10-2019/lotte-group-chemical-complex-lake-charles-louisiana.shtml). Taiyo standardizes official data into a consistent, searchable project profile.

Lotte Chemical Complex

Sector: Manufacturing (Industrial) • Location: Lake Charles, Louisiana, United States

Source: Area Development

Project

Completed

Lotte Group has dedicated a $3.1 billion chemical complex in Lake Charles, Louisiana, which includes a $1.9 billion ethane cracker and a $1.1 billion monoethylene glycol manufacturing plant. The complex has created 265 new jobs and marks Lotte Chemical's first project in the United States.

Status: Closed
Sector: Manufacturing (Industrial), Chemical (Industrial)
Location: Lake Charles, Louisiana, United States of America
Updated: 22 Jul 2026
Source: Area Development

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Project Information

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The project “Lotte Chemical Complex” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Lake Charles, Louisiana, United States. Taiyo aggregates data on it from Area Development.

Participants

Not available for this record.

Status

Original status	completed
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Lotte Group has dedicated a $3.1 billion chemical complex in Lake Charles, Louisiana, which includes a $1.9 billion ethane cracker and a $1.1 billion monoethylene glycol manufacturing plant. The complex has created 265 new jobs and marks Lotte Chemical's first project in the United States.
Original sector	Chemical Manufacturing
Budget

Location

Country	United States of America (USA)
State	Louisiana
City	Lake Charles

Source

Source	Area Development
URL

More Details

Record type	Project
Sector	Manufacturing (Industrial), Chemical (Industrial)
Article published date	2025-03-20

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Lotte Chemical Complex

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