Saudi Armaco seeks further investment chances in Indonesia’s downstream refining and petrochemical industry, along its recent USD 5.5billion development to improve Indonesia’s biggest refinery.
The project is likely to raise the refinery’s crude processing capacity to 370,000b/d from 348,000b/d at present. The upgrade will consist of a new hydro cracker unit and increase of production capacity of Para Xylene and Polypropylene.