About: http://data.cimple.eu/news-article/3526920e4a161f986e0d88e3e42acc8a70b92a1bb51750af3a6380f5

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About: http://data.cimple.eu/news-article/3526920e4a161f986e0d88e3e42acc8a70b92a1bb51750af3a6380f5 Goto Sponge Distinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Indonesia's state oil giant Pertamina said it has signed a deal with Taiwan's CPC Corp. to develop an $8 billion petrochemical complex, after years of negotiations. Operations are slated to begin in 2026 at the new plant, which to be built at an existing refinery in Indonesia's West Java province. The two firms have been in talks to develop the joint petrochemical plant since 2018, with each set to contribute about 45 percent of the new project's costs and the remainder financed by outside investors, Pertamina said. The facility will produce ethylene, used in the manufacturing of plastic. The project could help Pertamina become "a leading player in the sector over the next 10 years," company president director Nicke Widyawati said in a statement Friday. The Indonesian firm has plans to be expand a half dozen other oil refineries to double its capacity to some two million barrels a day by 2026. However, Pertamina has scrapped previously announced plans to jointly expand its Cilacap refinery in Central Java with Saudi Aramco, according to media reports. hrl-lgo/pb/rbu
schema:headline	Indonesia's Pertamina signs petrochemical project deal with Taiwan's CPC
schema:mentions	Pertamina Central Java Petrochemical Ethylene Oil refinery Saudi Aramco Communist Party of China Taiwan Indonesia Project DEAL Cilacap Regency Widyawati West Java
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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