Chandra Asri Awards Petchem Complex Contracts
03.05.2018 -
Indonesia’s largest integrated petrochemical company, Chandra Asri Petrochemical (CAP), has awarded six technology license and engineering contracts for its proposed second petrochemical complex. CAP said the awards are a significant milestone in its plan to expand its petrochemical footprint.
The company has selected technology from the following companies: CB&I for the naphtha cracker and butadiene plants; GTC Technology for aromatics (benzene, toluene and xylenes); Texplore for HDPE; and LyondellBasell for LDPE and PP.
The multi-billion dollar facility will be located adjacent to an existing complex in Cilegon and will comprise a 1.1 million t/y ethylene cracker and plants producing 600,000 t/y of propylene, 175,000 t/y butadiene, 363,000 t/y benzene, 450,000 t/y HDPE, 300,000 t/y LDPE and 450,000 t/y PP.
In April 2017, CAP set up a wholly owned subsidiary, Chandra Asri Perkasa (CAP2), to undertake a feasibility study on the complex, which is anticipated to cost around $4-5 billion.
CAP said that once the second complex is fully operational, it will be better able to meet Indonesia’s demand for petrochemicals, which is heavily reliant on imports. A timescale for the project has not been revealed.