Media

Celanese, Pertamina to develop synthetic fuel ethanol in Indonesia

10:21 AM, 20th July 2012
Celanese, Pertamina to develop synthetic fuel ethanol in Indonesia

JAKARTA, INDONESIA/DALLAS, US: Celanese Corporation has entered into a joint statement of cooperation to advance the development of fuel ethanol projects with Pertamina, the state-owned energy company of Indonesia. In line with its long-term strategy to develop new and renewable energy capabilities, Pertamina will collaborate exclusively with Celanese to jointly develop synthetic fuel ethanol projects in the Republic of Indonesia utilizing Celanese’s proprietary TCX ethanol process technology.

Celanese and Pertamina will work together to define potential supply arrangements, production locations and distribution strategies. Following this work, along with final investment decisions made by each company’s management, and receiving all necessary approvals, production could begin in approximately 30 months.

“A major priority for Pertamina is supporting the Government of Indonesia in securing and managing our energy resources to meet rising demand among both businesses and consumers so we can continue to drive our economic growth to benefit all sections of the society. To meet this goal, we are pleased to be actively working with companies like Celanese on the development and application of new forms of energy, such as synthetic fuel ethanol,” said Karen Agustiawan, President, Director and CEO, PT Pertamina (Persero).

© 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


Indorama to start PET plant in Nigeria

BANGKOK, THAILAND: Indorama PET (Nigeria) Limited, an indirect subsidiary of Indorama Ventures Ltd (IVL), announced the start up solid state polymeriz ...

Read more
Air Liquide to acquire Gasmedi

PARIS, FRANCE: Air Liquide is pursuing the development of its activities in the home healthcare sector and has entered into an agreement to acquire Ga ...

Read more
Ocean chemistry affects climate change, says new study

TORONTO, CANADA: The words ‘climate change’ may evoke images of humans and fossil fuels but scientists at the University of Toronto and th ...

Read more
Researchers develop self-cleaning vehicles with new coating technology

EINDHOVEN, THE NETHERLANDS: Researchers at TU/e for the first time developed a coating on the outer surface functionality that automatically recovers ...

Read more
Australia introduces carbon tax, fines $24 for worst polluting firms

CANBERRA, AUSTRALIA: Australia has introduced its highly controversial carbon tax, after years of bitter political wrangling. The law forces about 300 ...

Read more
BP in talks to sell stake in TNK-BP

LONDON, UK: BP's intention to sell interest in TNK-BP (50:50 JV of BP and Alfa Access Renova) has entered the next stage. This follows the decisi ...

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