Naphtha Cracking Plant Tender

Scope To build a naphtha cracking plant in Balongan West Java in IndonesiaState-run oil supplier CPC Corp Taiwan signed an agreement with its counterpart in Indonesia PT Pertamina to build a naphtha cracking plant in the Southeast Asian country.The value of the joint investment would total NT250 billion US8.38 billion with CPC and Pertamina each holding a 45 percent stake and 10 percent would be reserved for other potential participants.The cracker was expected to have an annual capacity of 1 million tonnes of ethylene.No exact construction timeframe has been set before the deal was signed Construction would start in 2022 and be completed in 2026.Other Owner PT Pertamina PerseroJl. Medan Merdeka Timur 1AJakarta 10110 IndonesiaPhone 1-500-000Email pcc@pertamina.comWebsite httpswww.pertamina.com