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Taiwan’s CPC to Invest US$22B for Petrochemical Plant

JAKARTA (TheInsiderStories) - Taiwanese state-owned oil refiner CPC Corp. is committed to investing US$22 billion for the development of the Balongan petrochemical refinery, the...

Indonesia Offers US$70B Industrial Projects in West Papua

JAKARTA (TheInsiderStories) - Indonesian Investment Coordinating Board Chief Bahlil Lahadalia revealed the government's plan to offer a US$70 billion downstream industrial project in the...

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,...

Pertamina Gets US$7B from Abu Dhabi Investors to Build Petrochemical Plant

JAKARTA (TheInsiderStories) - Indonesia fuel company, PT Pertamina granted investment from Abu Dhabi and Taiwan investors to build a petrochemical plant in Balongan Refinery,...

South Korean Lotte Chemical Adds Investment to US$4.3B in Indonesia

JAKARTA (TheInsiderStories) - Lotte Chemical Titan, a South Korean petrochemical company, increased its investment to US$4.3 billion for the construction of the petrochemical factory...

Indonesia Plans to Convert TPPI Into State Firm

JAKARTA (TheInsiderStories) - The government plans to convert the petrochemical company PT Trans-Pacific Petrochemical Indotama (TPPI) into a state-owned enterprise, officials said today (11/05)....