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



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

KBR bags Cameco’s boiler upgrade project contract in Canada

HOUSTON, US: KBR was selected to execute boiler demolition and construction for Cameco Corporation’s (Cameco) Rabbit Lake boiler upgrade project ...

Read more
Shell, Technip Samsung Consortium to enhance innovative FLNG facilities

PARIS, FRANCE: Shell Gas & Power Developments BV and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboratio ...

Read more
Aegion joint venture awarded $21 million projects in Middle East

ST LOUIS, US: United Special Technical Services, LLC, a joint venture between United Pipeline Systems Inc (subsidiary of Aegion) and Special Technical ...

Read more
Nutreco sells Hungarian business to Nuscience Group

AMERSFOORT, THE NETHERLANDS: Nutreco announced on 12 October 2012 their agreement on the sale of Trouw Nutrition Kornye Kft’s business to Nuscie ...

Read more
Metabolix, Kenmare to expand business in compostable film markets

CAMBRIDGE, US: Metabolix Inc has entered into an agreement with Kenmare Srl, a packaging solutions supplier based in Milan, Italy and Lugano, Switzerl ...

Read more
Tessenderlo sells pharmaceuticals business to ICIG

BRUSSELS, BELGIUM: Tessenderlo Group has completed the sale of its pharmaceutical ingredients activities in Calaire, France and Farchemia, Italy to ...

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