Celanese, Pertamina develop synthetic fuel ethanol in Indonesia

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


Zuari, Mitsubishi JV buys 30 pc stake in Fospac

ZUARINAGAR, INDIA: Zuari Industries, a fertiliser manufacturing firm, and its joint venture partner Mitsubishi Corporation has bought 30 per cent st ...

Read more
Petronas in discussion with major oil companies for petrochemical plants

KUALA LUMPUR, MALAYSIA: Petronas is in talks with several global oil majors including Shell and Exxon Mobil to develop petrochemical plants within i ...

Read more
Toray to acquire 20 per cent stake in MicroBiopharm

TOKYO, JAPAN: Toray Industries and Mitsui & Co have reached an agreement concerning the acquisition by Toray of a 20 per cent stake in Mitsui&rs ...

Read more
RIL plans maintenance turnaround of its crude distillation unit

MUMBAI, INDIA: Reliance Industries Limited (RIL) has scheduled a planned maintenance turnaround of one of the crude distillation unit of its SEZ Ref ...

Read more
Rentech to give $40 mn loan to Rentech Nitrogen

  LOS ANGELES, US: Rentech Inc announced that it has provided Rentech Nitrogen Partners with a commitment to make an unsecured loan of up to $ ...

Read more
Development of environment friendly pesticide by Israeli scientists

JERUSALEM, ISRAEL: The Israeli scientists have announced the development of an inexpensive environment friendly pesticide. Researchers, led by Shmue ...

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