Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

MORE: Pertamina Targets Petrochemical Plant With PTT Global

Don't Miss Out —
Follow us on:

Dec. 10 (Bloomberg) -- Cos. plan final investment decision on petrochemical plant by 2015, Pertamina says in statement in Jakarta today. * Plant may start operations in 2018, cos. aim to account for 30% of Indonesia’s petrochemical market valued at around $30b by 2018: statement * Pertamina will have 51% stake in JV and PTT Global Chemical 49%, says Chrisna Damayanto, Pertamina’s refinery director * Plant will have capacity of 1m tons of naphtha/yr; feed stock will come from Thailand and Indonesia: Damayanto * NOTE: PTT Global Chemical said on Nov. 11 that expected joint venture will invest in olefin and aromatics plants with annual capacity of more than 1m tons for total investment ~$4b-$5b

To contact the reporter on this story: Fitri Wulandari in Jakarta at fwulandari@bloomberg.net

To contact the editor responsible for this story: Pratish Narayanan at pnarayanan9@bloomberg.net