2013/6/17 Chandra Asri 

Joint Venture Agreement Signing - Michelin & PT Petrokimia Butadiene Indonesia

On Monday, June 17, 2013 was held the Joint Venture Agreement Signing Ceremony between PT Petrokimia Butadiene Indonesia (PBI), a wholly-owned subsidiary of PT Chandra Asri Petrochemical Tbk (CAP), and the Compagnie Financière Du Groupe Michelin which create a Joint-Venture company, to produce Synthetic Rubber. The signing ceremony was held in Wisma Barito Pacific, Jakarta, and was attended by representatives of both parties. The Agreement was signed by Luc Minguet (Senior Vice President/ Chief Procurement Officer) and Chan Hock Sen (Vice President, Legal & Tax Services, Asia Pacific) as the representatives of Michelin, while PT Petrokimia Butadiene Indonesia was represented by Erwin Ciputra (President Director of CAP & PBI), Paramate Nisagornsen (Vice President Director of CAP & PBI), and Suryandi (Director of PBI).

The synthetic rubber plant will be the first in Indonesia and will produce feedstock for the industry of environmentally friendly tire in line with the trend of eco-friendly tire usage globally.

化学工業日報

省燃費性能の高いエコタイヤ向けに、ミシュランが技術を保有する溶液重合スチレンブタジエンゴム（Ｓ―ＳＢＲ）およびネオジム触媒ポリブタジエン（Ｎｄ―ＰＢＲ）を生産するとみられる。同国初の原料ブタジエン設備が来月に立ち上がる予定のチャンドラ・アスリは、かねて合成ゴムの事業化を模索しており、インドネシアおよび域内で盛り上がる自動車産業の需要を取り込みたいミシュランをパートナーに事業化に乗り出す。

Bloomsberg

The French manufacturer plans to increase tire production in Asian markets as demand for cars and light trucks keeps growing in several large countries in the region, including China, the world’s largest car market. This contrasts with the European car market, which is poised to fall for the sixth straight year, causing the Clermont-Ferrand, France-based company to reduce capacity in its home region.

“It seems they are investing here to target the market for replacement tires,” Joko Sogie, an analyst at PT Danareksa Sekuritas, said by phone in Jakarta. “At the current economic growth rate, and the state of the road infrastructure, Indonesian motorists are expected to change their tires once every two years. That rate is higher compared to the replacement rate in Europe which might be once every three years.”

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Apart from its cooperation with Chandra Asri, Michelin has an investment in one of the country’s tire manufacturers, PT Gajah Tunggal, which is listed on the Indonesia Stock Exchange (IDX) under the code GJTL. Michelin has held a 10 percent stake in GJTL since 2004.

Michelin and GJTL also signed a cooperation agreement in 2004 focusing on the manufacture of passenger car tires for Michelin’s markets outside Indonesia and distribution in the country.

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 Michelin

On June 17, 2013, PT Petrokimia Butadiene Indonesia (PBI), a wholly-owned subsidiary of PT Chandra Asri Petrochemical Tbk (CAP), and the Compagnie Financière Groupe Michelin (Michelin), signed an agreement to create a Joint Venture company, to produce Synthetic Rubber. The new company will be owned 55% by Michelin and 45% by PBI.

The total Investment is estimated at US$435 million. Pending final investment decision, plant construction is expected to commence in early 2015 with completion and start-up targeted for the beginning of 2017.

In line with high growth of auto industry in new emerged countries and the global trend towards more performance requirement from tires, i.e. tires which are safer, last longer and deliver fuel savings, the demand for more technological synthetic rubber are forecast to increase as these are necessary to deliver more performances in a single tire and be at the same time environmentally friendly. Michelin, leader in tire technology, introduced the green tire in 1992, is innovating every day to deliver MICHELIN Total Performance.

Michelin and PBI will combine in this partnership their expertise, bring significant synergies and create value both for the Indonesian and South East Asian markets.

PT Petrokimia Butadiene Indonesia (PBI) is the first Butadiene plant in Indonesia and a subsidiary of PT Chandra Asri Petrochemical Tbk, the largest vertically integrated petrochemical company in Indonesia. The Butadiene plant target for completion and commercial production on July 2013.

東洋エンジニアリングは2011年6月6日、インドネシア最大の石油化学会社Chandra Asri Petrochemicalの新設子会社のPT Petrokimia Butadiene Indonesiaがジャワ島西部 Cilegon のChandraのコンプレックスに隣接して建設する年産10万トンのブタジエン製造設備を受注したと発表した。

2011/6/8 　Chandra Asri の増設計画

Chandra Asri Petrochemical complex is located at Ciwandan, Cilegon in Banten Province is Indonesia's premier petrochemical plant incorporating world class, state-of-the-art technology and supporting facilities. CAP runs the only Naphtha Cracker in Indonesia that produces high quality Ethylene, Propylene, Crude C4, Pyrolysis Gasoline (Py-gas), Polyethylene, Polypropylene and Styrene Monomer for the Indonesia’s market as well as regional export markets.

Chandra Asri Petrochemical Plant Capacity:

	能力 　千トン	系列	スタート	技術
ナフサクラッカー	600	1	1995	Lummus
Propylene	320
Crude C4	220
Py-gas	280
LLDPE	200	1	1995	Union Carbide
HDPE	120	1	1995	昭和電工
PP	480	2	1992	Union Carbide
		1	1995
SM (Styrindo Mono)	340	1	1992	Lummus
		1	1999

　

Michelin, the leading tire company, is dedicated to sustainably improving the mobility of goods and people by manufacturing and marketing tires for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment and trucks. It also offers electronic mobility support services on www.viamichelin.com and publishes travel guides, hotel and restaurant guides, maps and road atlases. Headquartered in Clermont-Ferrand, France, Michelin is present in more than 170 countries, has 113,400 employees and operates 69 production plants in 18 different countries. The Group has a Technology Center in charge of research, development and process engineering, with operations in Europe, North America and Asia. (www.michelin.com)

2013/7/20

INDONESIA: Pertamina and Chandra Asri scrap joint venture deal

Dec 18, 2012 Pertamina

The Collaboration Of Pertamina-Chandra Asri

Indonesia's Pertamina began to expand its business into Petrochemicals. It was marked by the signing of a Memorandum of Understanding (MoU) regarding the finalization of strategic agreement to form a joint venture between Pertamina and PT Chandra Asri Petrochemical. The signing was conducted by Pertamina Processing Director Chrisna Damayanto and President Director of PT Chandra Asri Petrochemical Erwin Ciputra, on Monday (2012/12/3) at Executive Floor Lounge, M floor, the main building of Pertamina Central, Jakarta.

"What we are doing this is an output from long work. Pertamina make changes to manage the business, who had just engaged in the oil and gas, now expanded into the energy field. In this field, there is a petrochemical business which is in fact also is nothing new for Pertamina. Because, the first time sponsors this business in Indonesia is also Pertamina. We built polypropylene in 1971, "explained Chrisna.

According to Chrisna, working with Chandra Asri was not the first time. "First we ever cooperate with PT Chandra Asri build a refinery at Dumai. We are delighted to be teaming up again with fellow company Indonesia. This is exactly the right strategic alliance."said Chrisna.

The signing of the MoU is in line with Pertamina plans to accelerate the expansion of Pertamina in downstream areas as well as to reaffirm the commitment of the Pertamina to increase Indonesia's economy, in particular through the development of the petrochemical industry in Indonesia.

In the meantime, the Director of PT Chandra Asri Petrochemical Erwin Ciputra also conveys the purpose of the cooperation. "This MoU aims for the development, construction, and the operation of the plant will be built together with Pertamina and Chandra Asri with production capacity of 250 thousand tons per year. Of course this development also aims to meet the increasing needs of polypropylene in the country, "said Erwin.

Erwin wished this cooperation can reduce the dependence on imported petrochemical products which can eventually develop a petrochemical industry in Indonesia.

Erwin is also much honored for the trust that has been given by Pertamina to PT Chandra Asri has been appointed partner of strategic development of the petrochemical industry in Indonesia.

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Apr 01, 2013 

Pertamina and PTT Global Chemical to Build World Class Petrochemical Complex in Indonesia

PTT Global Chemical Public Company Limited or PTTGC and PT Pertamina (Persero), the Indonesia state-owned integrated energy company, have signed the Head of Agreement (HoA) to build the world class Petrochemical Complex in Indonesia. The complex is scheduled to start its commercial operation by 2017 with estimated investment of about $4-$5 billion.

PTTGC, the Thai leading Petrochemical producer, and Pertamina, the Indonesia stated-owned integrated energy company, announced its formal partnership by entering into the HoA for building Petrochemical Complex in Indonesia on April 1st, 2013. The HoA defined collaboration framework between the two companies to undertake detailed feasibility studies for future business development plans and also to establish a joint venture company for the partnership.

“Due to promising demand of Petrochemical in Indonesia and Pertamina’s huge potential to integrate refining and petrochemical business, we have set Petrochemical business as one of Pertamina’s growth pillar. We also have selected PTTGC to co-develop this high priority project due to its proven capabilities and extensive experience in Petrochemical” said Mrs. Karen Agustiawan, President Director and CEO of Pertamina.

“We estimated an investment of about $4-$5 billion on this complex consisting of world scale Olefin plant and downstream polymer units” she added.

It is planned that the joint venture company will be established by the end of 2013 to start the engineering and construction work. Meanwhile the commercial operation is targeted to commence no later than 2018.

“We, as a Thai company, are very proud to be selected by Pertamina on this very important project. We believe that Petrochemical business shall contribute significantly to Indonesian economic and push forward the ASEAN to become the major Petrochemical hub” said Mr. Anon Sirisaengtaksin, CEO of PTTGC.

“This investment aligns with PTTGC growth aspiration in strengthening our core business as well as extending the footprint in Southeast Asia and also creates the opportunity for future collaboration between Pertamina and PTT Group in the future” He added.

Pertamina owns and operates 6 refineries throughout Indonesia. With the total capacity of around 1 million Barrel Crude Oil Per Day, it is ranked the 5th largest in Asia. In this regard, it has tremendous potential to integrate refinery and petrochemical business hence adds more values to the natural resources of Indonesia. With these advantages, Pertamina is determined to be a major player in Indonesia as well as in the region.


PTT Global Chemical , as a Chemical Flagship of PTT Group with the combined chemical / petrochemical capacity of 8.45 million tons per year and crude oil / condensate distillation capacity of 280,000 barrels per day. The Company has, recently, been expanding its business into the specialties and green chemicals through numbers of oversea strategic acquisitions. Such investment also well represents PTT Global Chemical’s growth aspiration to expand its business internationally.

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Jun 04, 2013  Pertamina
　

Pertamina-PTT Sign Polymer Sales and Purchase Agreement

PT Pertamina (Persero) has signed a Sales and Purchase Agreement (SPA) for Polyethylene and Polypropylene products with PTT Polymer Marketing (PTTPM), which is the subsidiary of PTT Global Chemical for petrochemical product marketing as the initial step in developing petrochemical industry in Indonesia.

22 July 2013 chemicals-technology.com 

Chandra Asri, Ferrostaal to construct Indonesian olefins complex

German-based construction and engineering company Ferrostaal Industrial Projects has entered into an agreement with petrochemical firm PT Chandra Asri to construct a methanol-based olefin manufacturing complex in West Papua province, Indonesia.

Built in Teluk Bintuni, the $1.89bn complex will manufacture up to 400,000t per year of polypropylene (PP) and 175,000t per year of ethylene.

The construction of the project is subject to the completion of the feasibility studies as well as gas prices and allocation from the Indonesian Ministry of Energy and Mineral Resources.

PT Chandra Asri president director Erwin Ciputra was quoted by The Jakarta Post as saying that "we are still on the agreement on feasibility studies. [What comes next] will depend on whether we will get the gas allocation".

Scheduled to be completed by 2019, the proposed complex will receive the gas from Tangguh liquefied natural gas (LNG) facility in West Papua.

Tangguh LNG is a grassroots facility for producing LNG and condensate.  The LNG plant site is located on the southern shores of Bintuni Bay Regency of Papua Barat Province.  The gas resource is sourced from six natural gas fields: Vorwata, Wiriagar Deep, Ofaweri, Roabiba, Ubadari, and Wos.

タングーLNGプロジェクト参加権益保有者

BP インドネシア	37.16％
MI Berau B.V. （三菱商事56%、国際石油開発帝石44%）	16.30％
中国海洋石油総公司 (CNOOC)	13.90％
日石ベラウ石油開発 （JX日鉱日石開発51.0%、石油天然ガス・金属鉱物資源機構49.0%）	12.23％
ケージーベラウ石油開発 （海外石油開発:三井物産連結子会社、MIベラウジャパン16.5%、 JX日鉱日石開発、石油天然ガス・金属鉱物資源機構）	8.56％
エルエヌジージャパン （住友商事と双日の折半出資会社）	7.35％
Talisman Energy Inc. is a global upstream oil and gas company, headquartered in Canada.	3.06％
ケージーウィリアガール石油開発 （海外石油開発:三井物産連結子会社、石油天然ガス・金属鉱物資源機構）	1.44％

2011/1/27　三菱商事、インドネシアでのLNG計画決定　

　

The petrochemical complex is expected to help Indonesia to minimise its imports of propylene, methanol, ethylene and polypropylene.

Indonesia had imported petrochemicals valued at $ 8.5bn from various countries, such as Thailand and Singapore, in 2012, according to the news agency.

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2013-03-04   Ferrostaal

Ferrostaal signs Letter of Intent for downstream petrochemical project in West Papua

As part of the state visit by Susilo Bambang Yudhoyono, the President of the Republic of Indonesia, a meeting took place in Berlin today between Dr. Klaus Lesker, Managing Director of Ferrostaal GmbH, and the President.

Prior to this meeting, Ferrostaal signed a Letter of Intent with the Ministry of Industry of the Republic of Indonesia on cooperation for the development of a downstream petrochemical investment project in the West Papua region of Indonesia.

Ferrostaal as project developer
A petrochemical plant complex for the production of methanol, propylene and polypropylene from natural gas is due to go into production in the Teluk Bintuni Regency in 2019. Ferrostaal’s role in the project is that of project developer and investor, in addition to which it will be responsible for structuring the investments planned by the foreign and local Indonesian investment partners. According to the Letter of Intent, the allocation of the principal gas supply from local reserves as well as the allocation of building land within an industrial park planned by the Ministry of Industry of the Republic of Indonesia in Teluk Bintuni will follow within the next months.

Significant economic benefits for the Indonesian market
“The project promises significant economic benefits for the Indonesian market thanks to the high level of value added in the country. Firstly, use of the end products for its own market will enable Indonesia to save up to 600 million US dollars annually on imports. Furthermore, the high technical standards of the plant complex will ensure a technology transfer and safeguard long-term jobs for up to 3,000 direct and indirect employees. This is about four times the number that would be created by, for example, the production of liquefied natural gas (LNG),” says Klaus Lesker, Managing Director of Ferrostaal GmbH.

Supply of local plastics and fuel markets
After completion of the plant, annual output is expected to be in the region of 400,000 tonnes of polypropylene. The plastic as well as the by-products petrol (approx.. 150,000 tonnes) and liquefied natural gas (approx. 34,000 tonnes) are to be sold on the local market in order to meet the growing local demand and support growth in the country through this import substitution. Polypropylene is the second most important plastic in the world after polyethylene. In Indonesia, the material is to be used primarily in the plastics industry for the manufacture of containers for example, but also increasingly in the automotive and furniture industries.

Sustainable industrialisation in Indonesia
The project supports the implementation of a master plan adopted by the Republic of Indonesia (MP3EI), which provides for sustainable industrialisation in the period to 2030 in order to accelerate economic development, particularly in the east of Indonesia. Indonesia will particularly benefit from the alternative polypropylene production technology. Production will be based exclusively on local natural gas from reserves in West Papua, which have the potential to keep the plant complex supplied for at least 25 years.

About Ferrostaal Indonesia
The company has now had trading operations in Indonesia for more than 50 years, and has conducted project business and plant construction here for over 30 years. Today, the Ferrostaal Group has two companies in Indonesia – PT Ferrostaal Indonesia and PT Ferrostaal Equipment Solutions – which are based in the capital Jakarta and employ around 100 staff. The project activities cover various branches of industry, including Power, Oil & Gas, Mining & Metal, and Petrochemicals. In the Equipment business, Ferrostaal Indonesia offers a range of services related to all aspects of the machinery business. Further information at: www.ferrostaal.co.id

About Ferrostaal GmbH

Ferrostaal is a global provider of industrial services in plant construction and engineering. As a technology-independent system integrator, the company offers development and management of projects, financial planning and construction services for turnkey installations in the segments of Petrochemicals, Power, Renewables, Oil & Gas and Special Projects. As a supplier-independent full service provider, Ferrostaal assembles complex modules for automotive manufacturers and suppliers, and trades as an independent sales and service partner with piping equipment and machines and installations in printing, plastics, packaging and recycling. Ferrostaal employs around 4,300 people in more than 40 countries. In 2011, its annual turnover amounted to around 1 billion euro. Ferrostaal is a company of MPC Industries GmbH (Hamburg, Germany).

2013/9/16 Chandra Asri

Chandra Asri Expands Naphtha Cracker Production Capacity
 Strengthen its leading position as integrated petrochemical company in Indonesia and regional

On September 13, 2013, PT Chandra Asri Petrochemical Tbk has signed cooperation contract of Engineering, Procurement, and Construction (EPC) for the construction of production facility of the Company's Naphtha Cracker with Toyo Engineering Corporation.The expansion will increase its Naphtha Cracker production capacity up to 43%.

Construction plan of the Company's Naphtha Cracker production facility will increase the production of Company's variouos petrochemical products.
Ethylene   600,000 to 860,000 tons(+260,000)
Propylene   320,000 to 470,000 (+150,000)
Py-Gas(Pyrolysis gasoline )   280,000 to 400,000 (+120,000)
Mixed C4   220,000 to 315,000 (+95,000)

2011年時点の増設計画  エチレン+400千トン

同社は2011年12月、大増設計画を棚上げすると発表した。世界経済の状況が不安定なためで、状況が好転すれば再検討する。
但し、上記ブタジエン計画は続行し、2013年に完成させる。

The construction process is targeted to commence in the third qurter of 2013 and will be completed and operating in the fourth quarter of 2015.

Investment cost for the expansion is estimated at US$380 million, with sources of funding from the combination of loan and equity.

With the production capacity expansion, Chandra will be more self-sufficient in the supply propylene as feedstock of its PP plant and the provision of Mixed C4 for its butadiene plant which is operated by its subsidiary, PT Petrokimia Butadiene Indonesia.

Petrokimia Butadiene はインドネシア初のブタジエン工場をジャワ島西部 Cilegon のChandraのコンプレックスに隣接して建設している。
能力は年産10万トンで、2013年7月の商業生産開始を目指している。
原料のC4はChandraのナフサクラッカー（エチレン 60万トン）から供給を受ける。

Michelin とインドネシアのChandra Asri は2013年6月17日、インドネシアに合成ゴム製造JVを設立する契約に調印した。

設立するJV（名称未定）はMichelin が55%、Chandra Asriの100%子会社のPT Petrokimia Butadiene Indonesia (PBI)が45%出資する。
投資額は435百万ドルで、工場建設は2015年初めに開始、2017年初めのスタートアップを目指す。

2013/6/26   Michelin とChandra Asri 、インドネシアに合成ゴム製造JV設立

The availability of Py-Gas in large quantities will also give an opportunity to build BTX plant that can produce benzene, toluen and also mixed xylene. Benzene is one of the feedstock needed to produce SM which is produced by PT Styrindo Mono Indonesia, subsidiary of Chandra.

PT Chandra Asriは、2007年に豊田通商からスチレンモノマー製造・販売の PT.Styrindo Mono Indonesia を買収した。

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2013年9月17日 東洋エンジニアリング株式会社

インドネシア・エチレンプラントの能力増強プロジェクトを受注

東洋エンジニアリングは、インドネシアのチャンドラ・アスリ・ペトロケミカルより、ジャワ島西部チレゴン近郊で稼働中の、ナフサを原料としたエチレンプラントの能力増強プロジェクトを受注しました。

本プロジェクトは1990年代にルーマス法エチレン技術を基に、当社が建設した既設プラントの生産能力を、現在の年産60万トンから86万トンへと増強するもので、昨年7月より本プロジェクトのFEED業務を実施しました。既設プラントの建設実績及びFEEDでの各種提案が評価され、今般詳細設計、調達、建設工事一括を受注しました。本プロジェクトの完工は2015年末を予定しています。

約2億4千万人の人口を抱えて経済成長の著しいインドネシア市場では石油化学品の需要は高く、本客先向けにインドネシア初のブタジエンプラントを近々完工する予定であり、今後も様々なエチレンの下流設備が計画されています。またTOYOは現在、カリマンタン島、スマトラ島、スラウェシ島にて3件の大型肥料案件を実施中であり、今後もグループ会社のイーカーペーテー（IKPT）と協力し積極的にビジネス拡大を図ります。
　

受注概要
客先 チャンドラ・アスリ・ペトロケミカル社（PT. Chandra Asri Petrochemical Tbk.）
受注者 東洋エンジニアリングとIKPT
建設地 インドネシア ジャワ島西部 チレゴン近郊 アニエール
対象設備 エチレンプラント　年産60万トンから86万トンへの能力増強並びに付帯用役設備の能力増強
役務内容 詳細設計、機器資材の調達および工事までの一括請負
完成予定 2015年末