Home / Knowledge / News / Textiles / Toyo in EPC deal for PT Chandra Asri naphtha expansion
Toyo in EPC deal for PT Chandra Asri naphtha expansion
19
Sep '13
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 various petrochemical products. Among them is an increase in the production capacity of Ethylene up to 860,000 tonnes per annum from 600,000 tonnes per annum.
 
In addition to Ethylene, the annual production capacity of Propylene will also increase by 150,000 tonnes to 470,000 tonnes, increase Py-Gas by 120,000 tonnes to 400,000 tonnes, and Mixed C4 by 95,000 tonnes to 315,000 tonnes.
 
Paramate Nisagornsen, Vice President Director of PT Chandra Asri Petrochemical Tbk stated that the production capacity expansion will be conducted by adding furnaces,  changing, and modifying major equipment in Company’s plant located in Cilegon, Banten. The construction process of Naphtha Cracker production facility is targeted to commence in the third quarter 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. Therefore, the Company is currently finalizing various sources of funding which are cost effective and efficient.
 
Paramate added that the expansion of Naphtha Cracker production capacity is part of the Company’s strategic plan to further strengthen its leading position as integrated petrochemical industry in Indonesia and in regional area. The production expansion will be conducted by maximizing asset utilization, increasing efficiency through higher business economic scale.
 
With the production capacity expansion, CAP will be more self-sufficient in the supply Propylene as feedstock of its Polypropylene plant and the provision of Mixed C4 for its Butadiene plant which is operated by its subsidiary, PT Petrokimia Butadiene Indonesia.
 
The availability of Py-Gas in large quantities will also give an opportunity to build BTX plant that can produce Benzene, Toluene, and also Mixed Xylene. Benzene is one of the feedstock needed to produce Styrene Monomer which is produced by PT Styrindo Mono Indonesia, subsidiary of PT Chandra Asri Petrochemical Tbk.
 

PT Chandra Asari


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search