The state-owned energy company, PT Pertamina together with PT Pupuk Kujang and PT Rekacipta Innovation Institute of Technology Bandung established a joint venture factory, PT Katalis Sinergi Indonesia - Photo by the Company

JAKARTA (TheInsiderStories) – The state-owned energy company, PT Pertamina together with PT Pupuk Kujang and PT Rekacipta Innovation Institute of Technology Bandung established a joint venture factory, PT Katalis Sinergi Indonesia. This is the firs catalyst plant in Indonesia and will be labeled “Katalis Merah Putih”.

“The factory with a capacity of 300 tons per year is the first to be developed and built by the sons of the nation,” said the minister of energy and mineral resources, Arifin Tasrifin when witnessing the signing of the third collaboration in Bandung, West Java, on Thursday (07/30).

He added, the plant will begin construction by the end of 2020 and is expected to start operating in 2021. The catalyst is an important part to accelerate the reaction of the process of forming the final product. Almost all process industries, both chemical, petrochemical and olechemical industries, including biomass and vegetable-based renewable energy technologies require catalysts.

This plant is the first step to independence in the field of process technology in Indonesia, said Tasrifin. This is in line with the need for national catalysts over the past three years, which has increased significantly, according to the minister. “In 2017, it was US$500 million, while in 2020 it grew less than 6 percent per year to $595.5 million,” he explained.

Tasrifin revealed, the existence of a catalyst factory would be a key process technology as well as to strengthen the domestic process industry so as to reduce dependence on the portion of catalyst imports. The catalyst development is one of the four green fuel development projects proposed to become the National Strategic Project in 2020

“At present, we have three national strategic projects, including the Dumai green refinery which has produced D100 as a first step. There is another in Cilacap Refinery (green diesel), hydrogenation CPO of PT Pupuk Sriwidjaja Palembang and Merah Putih catalyst by PT Pupuk Kujang Cikampek,”  he asserted.

While, research and technology minister, Bambang Brodjonegoro, stated that the development of the catalyst factory is a laying of the foundation so that the national economy will be more stable in the future. With the development of bio-energy, Indonesia can reduce its dependence on imported fuel.

In addition, Pertamina’ CEO, Nicke Widyawati, said that her party has set a vision for the future to make an energy transition by optimizing Indonesia’ natural resources. One of the many natural resources in Indonesia in Indonesia is palm oil, so that the bioenergy that will be developed is mostly palm-based.

“The target market already exists, we are committed to opening a refinery for trials, and also Pertamina has a commitment to invest in a red and white catalyst factory. Hopefully this can all enhance the national industry and absorb a large workforce,” she noted.

As part of the company’ business expansion, recently global media reported the state firm in talks with Occidental Petroleum Corp to acquires its energy assets in Algeria, Ghana, Oman and the United Arab Emirates. The purchase price is estimating about $4.5 billion.

Written by Editorial Staff, Email: theinsiderstories@gmail.com