By Malini Hariharan After a decade of inactivity since the Asian financial crisis, Indonesia is once again drawing attention. Two news reports indicate that companies are evaluating major investments in refining and petrochemicals. Taiwan’s Chinese Petroleum Corp (CPC) is said to be planning a $2.8bn petrochemical complex at Kalimantan in Indonesia. Indonesia’s Coordinating Ministry for […]
Asian Chemical Connections
The case for investing in Indonesia
Indonesia before 1997 had three cracker projects and huge demand growth. It was mentioned in the same breath as China. And, of course, then came the crisis. But this year GDP growth could be the highest since the crisis with the government in sound financial condition. The case for petrochemical investment is obvious as monomers […]
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