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Indonesia's CAP To Build Naphtha Refinery In 2018

2015-03-09 07:05:18| chemicalonline Home Page

Petrochemical producer PT Chandra Asri Petrochemical (CAP) is conducting a year-long preliminary study to develop a mini-refinery in 2018, which is expected to ease the firm’s reliance on naphtha imports

Tags: build cap refinery naphtha

Illicit timber feeds Indonesias industrial forestry sector, alleges new report

2015-02-19 20:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Amid government schemes to curb illegal land clearing and systematically enhance a struggling legal wood certification system, a new report analyzing Indonesias forestry industry alleges that more than roughly 30 percent of wood used by the countrys industrial forest sector is derived from illegal sources. But some say the report's analysis wasn't deep enough to support its claims. The report, released by Washington, DC-based NGO Forest Trends and The Anti Forest-Mafia Coalition, an umbrella...

Tags: report industrial feeds sector

Decommissioning Indonesias oil rigs: a vast but challenging market

2015-02-19 01:00:00| Offshore Technology

Indonesias oil rig decommissioning market has huge potential with over 450 oil rigs, many already 20 years old, set to be dismantled in the near future. However, outdated contracts and a lack of legislative guidance and clarity means the market has

Tags: market oil vast challenging

UPDATE 1-TPG sells stake in Indonesia's BTPN to Sumitomo for $462 mln

2015-02-18 16:13:38| Grocery - Topix.net

Private equity firm TPG Capital has sold a 17.5 percent stake in PT Bank Tabungan Pensiunan Nasional Tbk to an affiliate of Japan's Sumitomo Corp for 5.93 trillion rupiah . TPG Nusantara sold 1.02 billion BTPN shares at 5,800 rupiah apiece, a 43 percent premium to the last traded price, to Summit Global Capital Management, BTPN said in a filing to the Indonesian stock exchange on Wednesday.

Tags: update sells stake mln