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Monday, April 30, 2007

Indonesia`s CAPC to build US$40 mln facility

Jakarta (ANTARA News/Asia Pulse) - The country's largest petrochemical company PT Chandra Asri Petrochemical Center (CAPC) will build another naphtha cracking unit this year, with an investment of US$40 million.

The additional facility is expected to increase its installed production capacity for polyethylene from 520,000 tons to 590,000 tons a year. Naphtha is used as a basic material for polyethylene, which is a feedstock for benzene.

CAPC secretary Suhat Miyarso said the new facility and the recent acquisition of PT Styrene Monomer, the country's only producer of ethyl benzene and styrene monomer, would make CAPC a greater integrated petrochemical company.

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