Chandra Asri Awards Petchem Complex Contracts
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.
