Jakarta (ANTARA News/Asia Pulse) - Tuban Petrochemical Industry (Tuban Petro) plans to invest US$400 million to expand the capacity of the aromatic factory of its subsidiary PT Trans Pacific Petrochemical Indotama (TPPI) starting next year.
The expansion is needed to meet growing demand in the country for aromatic products especially paraxylene to feed purified terephthalic acid (PTA) industry, chief commissioner of Tuban Petro Amir Sambodo said Monday.
TPPI, which came on line in 2006, has operated at 120 per cent of its installed capacity of 500,000 tons of paraxylene.
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