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Tecnicas Reunidas Selected to Develop Greenfield PC Project in Indonesia

An unnamed Singapore-based petrochemical company has chosen Tecnicas Reunidas to develop a greenfield petrochemical project in East Java, Indonesia. The estimated USD 2-billion projects will include an integrated propylene dehydrogenation plant with 750 kta of capacity and a 500 kta polypropylene facility, subject to financial closure. Tecnicas Reunidas will be responsible for the basic engineering design and procurement and construction activities, which are expected to begin in the coming months. Commercial operation is planned for 2025. The project is expected to contribute to easing the regional supply shortage, as well as reducing Indonesia’s 60% reliance on imports of these products.

Date: 
2021/05/20