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  • QASA Market Updates • Updates • Chemical

    PT Lotte Chemical Titan Tbk allocated $ 4 billion to build a factory area of 85 hectares in Cilegon, Banten.

    PT Cabot Indonesia put an investment of US$100 million

    Honam Petrochemical Corp is planning to build an integrated petrochemical factory in Cilegon

    Unilever Plc in the final phase of discussion with the Indonesian government to develop a 100 million Euro crude palm oil (CPO) processing factory

    Production capacity of petrochemical industry can increase to 90 percent in 2011

    PT Multi Nitrotama Kimia increased ammonium nitrate production capacity to 140 thousand tons per year

    Australia's largest producer of industrial salt will start its production activity in East Nusa Tenggara

    All domestic fertilizer plants are needed US$3.64 billion to revitalize in order to save gas and increase production capacity

    Indonesia has the potentials to become a production base for polylactic acid (PLA), a bio-based polymer product which can be processed into additive material to produce degradable plastics

    RI needs more oil refineries to produce more ethylene to supply another newly Petrochemical refineries own by Lotte Group, Hanwa and SK Group

    Samsung Group plans to spend US$240 million to buy an 80% stake in petrochemical company PT Polyprima this month

    PT Chandra Asri Petrochemical (CAP) is preparing US$ 1 billion to US$ 1,2 billion in few years to develop the downstream of petrochemical business

    The growth of chemical product and plastic business in global construction sector are predicted to reach 15%, higher than growth in industry sector

    The government is planning to force private companies to reduce non-environmentally-friendly plastic packaging by three percent and local governments to reduce waste generation by up to seven percent

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