Media

Celanese, Pertamina to develop fuel ethanol projects in Indonesia

11:20 AM, 5th March 2013
Celanese, Pertamina to develop fuel ethanol projects in Indonesia

JAKARTA, INDONESIA/DALLAS, US: Celanese Corporation signed a Memorandum of Understanding (MOU) with Pertamina, the state-owned energy company of the Republic of Indonesia, and will begin the detailed project planning phase for the development of fuel ethanol projects in Indonesia. The new project will utilize Celanese’s proprietary TCX ethanol process technology.

Celanese and Pertamina have successfully completed the objectives of the previously announced Joint Statement of Cooperation, which included identifying potential production locations, confirming coal supply options and developing an ethanol distribution strategy. The detailed financial terms of the joint venture partnership and licensing arrangement have not been finalized.

Under the detailed project planning phase of the MOU, Celanese and Pertamina will select the first production location, initiate project permitting, and negotiate coal supply and other industrial partner agreements. Celanese and Pertamina expect to complete this phase of the MOU by the end of 2013. Celanese and Pertamina expect the production of fuel grade ethanol to begin approximately 30 months after final investment decisions by each company and receiving all necessary government approvals.

“Celanese is pleased to support the Indonesian government’s long-term objectives for the use of its abundant local resources, specifically lower BTU-content coal, to drive economic development. Working with Pertamina, we are excited to demonstrate how our TCX Technology will help Indonesia achieve its objectives,” said Mark Rohr, Chairman and CEO, Celanese Corporation.

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Carbon balls can contribute to sustainable energy system

GOTHENBURG, SWEDEN: Researchers at Chalmers have discovered that the insulation plastic used in high-voltage cables can withstand a 26 per cent higher ...

Read more
Scientists create ‘bulletproof’ batteries

ANN ARBOR, US: New battery technology from the University of Michigan should be able to prevent the kind of fires that grounded Boeing 787 Dreamliners ...

Read more
BASF increases vitamin A capacity at Ludwigshafen, Germany

LUDWIGSHAFEN, GERMANY: BASF increases its production capacities for vitamin A by 25 per cent. The company has expanded an existing plant in Ludwigshaf ...

Read more
Cabot bags two contracts for mercury removal

BOSTON, US: Cabot Corporation has been awarded contracts by two US utilities to supply its DARCO Hg family of activated carbon products to remove merc ...

Read more
Researchers find new method to unboil egg whites

IRVINE, US: University of California Irvine (UCI) and Australian chemists have figured out how to unboil egg whites – an innovation that could d ...

Read more
Chewing gum can remove oral bacteria, finds new study

LONDON, UK: Just 10 minutes of chewing gum can remove 100 million bacteria from your mouth, according to a new study which suggests chewing gum may be ...

Read more
Copyright © 2014. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.