Tag: Downstream
Indonesia has Potential to Grab US$17B in the Lithium Battery Projects
JAKARTA (TheInsiderStories) - Indonesia has potential to grab new investment in the lithium battery for electric vehicle (EV) projects up to US$17 billion, said the official...
Indonesia’s Biodiesel Demands Declining 12% During the Pandemic
JAKARTA (TheInsiderStories) - The Indonesian Biofuel Producers Association sees the demand for biodiesel could fall by 12 percent in this year amid the COVID-19 pandemic. During...
Indonesia’s Bukit Asam will Save US$592M from DME Project
JAKARTA (TheInsiderStories) - State-owned miner, PT Bukit Asam Tbk (IDX: PTBA), stated that the construction of a downstream coal plant into dymethyl ether (DME)...
Indonesia’s ANTAM Reportedly to Increases Weda Bay Nickel’ Shares
JAKARTA (TheInsiderStories) - The state-owned miner, PT Aneka Tambang Tbk (IDX: ANTM) is reportedly planning to increase its ownership in a nickel producer, PT Weda Bay...
Vale Indonesia’s Production Rises 10% on the High Demand
JAKARTA (TheInsiderStories) - The miner, PT Vale Indonesia Tbk (IDX: INCO) reported a 10 percent increase in production to 55,792 metric tones (MT) of nickel in...
Indonesia’s Chandra Asri Seeks Partner to Accelerate the Polyethylene Project
JAKARTA (TheInsiderStories) - Indonesia' petrochemical producer, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) seeks strategic partner to build a mega project, new polyethylene plant Chandra...
Taiwan’s CPC, Pertamina to Build Petrochemical Complex in West Java
JAKARTA (TheInsiderStories) - A joint petrochemical complex planned by CPC Corp., from Taiwan and state-owned energy producer, PT Pertamina is to be built in Balongan, West Java,...
Indonesia Optimist to Attracts US$117B Oil, Gas Investment Until 2024
JAKARTA (TheInsiderStories) - The oil and gas sector is estimating still have a great opportunity to attract investors with a total investment value around US$117 billion...
Sumbawa Timur Founds Copper, Gold Deposits in West Nusa Tenggara
JAKARTA (TheInsiderStories) - Local miner, PT Sumbawa Timur Mining (STM) announced the discovery of the onto copper-gold ore deposit. STM is the seventh generation contract of...
Indonesia to Relaxes Scrap Metal Import Rules
JAKARTA (TheInsiderStories) - The Indonesian government considered to relax the scrap metal import rules to support the downstream industry, said the industry minister Agus...
Indonesia’s Pertamina Prepares Investment US$2.73B in 2019
JAKARTA (TheInsiderStories) – Indonesia' energy producer PT Pertamina budgeted investment funds of US$2.73 billion in 2019 to develop several projects across the archipelago, said one official...