Pertamina awards US$300 mln contract for propylene facility in Indonesia

Pertamina has awarded a US$300 mln lump sum turnkey contract involving the construction of a residue catalytic cracking offgas-to-propylene facility to Toyo Engineering and Indonesia's state-controlled engineering firm, PT Rekayasa Industri. The deal includes engineering, procurement, assembly and commissioning support. The facility, to be constructed at Pertamina's Balongan, Indonesia refinery, will have the capacity to produce 179,000 tpa of propylene. The facility is slated to be finished in mid-2010 and will employ the olefins conversion method of Lummus Technology.
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