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Indonesia’s CPO Price Plunges to US$633/MT in March, says the Association

JAKARTA (TheInsiderStories) - Indonesian Palm Oil Association (IPOA) reported crude palm oil (CPO) price dropped from the average US$722 a metric ton (MT) of CPO in...

Indonesia’s Manufacturing Still Growing Amid the Pandemic

JAKARTA (TheInsiderStories)  - The manufacturing industry in Indonesia is still able grow positive in the first quarter (1Q) of 2020 amid the pressure from the...

Freeport’s Underground Mine to Produces 96,000 Tons in 2020

JAKARTA (TheInsiderStories) - PT Freeport Indonesia (PTFI) targeting underground mining volume to reach 96,000 tons of ore per day in 2020. In the following year, the production...

President Widodo Inaugurates Chandra Asri’s New Polyethylene Plant

JAKARTA (TheInsiderStories) - President Joko Widodo inaguarated the new polyethylene plant owned by publicly listed company, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) in Cilegon, Banten,...

A US$52M Lubricant Plant Operates in West Java

JAKARTA (TheInsiderStories) - Japan' related company, PT Idemitsu factory Lube Techno Indonesia (ILTI) operates second lubricant plant in Cikarang, West Java, on Thursday (07/11). The projects has...

B30 Will Absorbs Additional 3MT of CPO in 2020, says VP

JAKARTA (TheInsiderStories) - Indonesian Vice Presiden Ma'ruf Amin, said the implementing of 30 percent biodiesel use (B30) will absorb 3 Million Tons (MT) of crude palm...

Indonesia Targets 31 Smelters Operated in 2022

JAKARTA (TheInsiderStories) - Indonesian government targets 31 nickel smelter to be operate in 2022, with 20 of them projected to be achieved next year...

Indonesia Spurs Palm Oil Downstream Industry to Escalate FX Revenues

JAKARTA (TheInsiderStories) -  The Ministry of Industry continues to drive palm oil downstream (CPO) sector in order to escalate foreign exchange (FX) revenues to Indonesia, said one...