Indonesia’s PT Chandra Asri Petrochemical has signed an ethylene sales deal with its subsidiary, PT Styrindo Mono Indonesia, for a period of one year, effective from Jan.1 to Dec. 31, 2012, as per the Jakarta Post. Styrindo uses ethylene to produce styrene monomer, and is currently the only producer of styrene monomer in Indonesia.
“The company agreed to sell and deliver 19,500 metric tons of ethylene a quarter with a tolerance of plus or minus 10%. The delivery will use two options; through cargo with a capacity of 3,000 metric tons a delivery, and through pipeline,” as per a report submitted to the Indonesia Stock Exchange, the deal’s period is one year, effective from Jan.1 to Dec. 31, 2012.
30-Jan-12 
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