RichLand wins contract from BASF & SMI; entry into Indonesia

RichLand wins contract from BASF & SMI; entry into Indonesia

4:12 PM, 8th June 2011
RichLand wins contract from BASF & SMI; entry into Indonesia
RichLand logo

Ramba Energy’s logistics subsidiary, PT RichLand Logistics Indonesia taps growth demand in transport of bulk liquid chemicals with new 500-strong fleet of ISO tanks. The company has bagged contracts from BASF and SMI marking its entry into Indonesia’s chemical logistics sector.


RICHLAND BUSINESS CENTRE, SINGAPORE: PT RichLand Logistics Indonesia (RLI), the Indonesian subsidiary of Ramba Energy Ltd, has clinched two new contracts to manage the domestic transportation of bulk liquids for two leading chemical companies in Indonesia. The contracts with PT BASF Indonesia (BASF) and PT Styrindo Mono Indonesia (SMI) mark a significant step forward in RichLand’s expansion plans to become a leading logistics provider for the chemical sector in South East Asia.


“The recent wins place RichLand-strategically and squarely on Indonesia’s logistics landscape. More notably, they mark RichLand’s entry into the country’s specialised chemical sector where we are now managing about 45 truckloads a day or an estimated 12,000 full loads a year,” said Colin Moran, Logistics Director, Ramba Energy Ltd.


Under the contract with SMI, RLI’s annual volume is set to exceed 160,000 tons per year. RLI manages the outbound logistics and transport of bulk styrene monomer from the SMI plant in West Java to end-customers located across Java. Valued at about S$ 5 million, the 3-year contract which commenced in November 2010 is renewable for a further 2-year term. For the separate contract with BASF, RichLand undertakes selected transportation assignments from BASF plants in Cengkareng, Jakarta and Merak, West Java to key customers in Java and Sumatra.


“Interest in domestic land transportation services for bulk liquid chemicals has been strong. We are growing capacity to support demand. Likewise, intra-regional demand for ISO tank freight services is improving on the back of Asia’s economic recovery,” added Moran.

© 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

BASF starts operations at expanded Ecoflex plant

Production capacity for biodegradable plastics increases by 60,000 metric tons per year Production of plastics based on renewable raw materials als ...

Read more
Asahi Kasei to address growing demand for acrylonitrile

TOKYO, JAPAN: Firm growth in acrylonitrile (AN) demand is forecasted worldwide, particularly in Asian markets such as Korea, Taiwan, and China. Keep ...

Read more
Rhodia for acquisition and capacity expansion in guar technology

PARIS, FRANCE: Exploring the potential in guar technology, Rhodia recently said that it will acquire the new guar derivatives production unit belong ...

Read more
Bayer MaterialScience strengthens position in carbon nanotubes

  The company now sees freedom for development of new areas of application. It has also concluded the license agreement with US-based Hyperion ...

Read more
Dow creates Performance Plastics division

MIDLAND, US: Dow Chemical has created a new division, Performance Plastics, to focus on high value market driven solutions in applications such as p ...

Read more
Total to sell its 48.83 pc stake of Spanish Company CEPSA to IPIC

PARIS, FRANCE: Total and IPIC have signed an agreement whereby Total will sell its 48.83 per cent share in the capital of CEPSA. This sale will take p ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X