Indonesian Minister of Energy and Mineral Resources (ESDM) stated that the construction of the Residual Fluid Catalytic Cracking (RFCC) refinery project- Phase I will be completed by will in June 2015, as per ANTARA News. The minister said that the RFCC is a modernization of the refinery to produce more value-added products. The project which was inaugurated by President on December 28, 2011 has an investment value of US$1.4 bln.
The project is expected to increase gasoline production by 1.9 mln kiloliters per year. It increases the Liquefied Petroleum Gas (LPG) production as much as 352,000 tpa and will produce "propylene" products up to 142,000 tpa.
Propylene production is expected to increase the supply for the needs of the domestic petrochemical plastics industry that has been dependent on imports.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}