New Synthetic Rubber Plant in Indonesia

  • Author: ChemistryViews
  • Published: 14 November 2013
  • Copyright: Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim, Germany
  • Source / Publisher: Chandra Asri and Michelin
thumbnail image: New Synthetic Rubber Plant in Indonesia

Chandra Asri (CPA) and Michelin have formed a partnership for the inauguration of a synthetic rubber plant, which is managed by PT Synthetic Rubber Indonesia (SRI). This partnership is a milestone of the joint venture agreement between PT Petrokimia Butadiene Indonesia (PBI, a subsidiary of CAP) with Michelin, which has been signed by both parties in June 2013.

Construction of the plant is planned to begin in early 2015, completion and start-up is targeted at the beginning of 2017. SRI will produce Polybutadiene Rubber (PBR) with Neodymium Catalyst and Solution Styrene Butadiene Rubber (SSBR); both are utilized as feedstocks for the production of environmentally friendly tires.

Shareholding composition of the new joint venture is Michelin and PBI by 55 % and 45 %, respectively.

Article Views: 7274

Sign in Area

Please sign in below

Additional Sign In options

Please note that to comment on an article you must be registered and logged in.
Registration is for free, you may already be registered to receive, e.g., the newsletter. When you register on this website, please ensure you view our terms and conditions. All comments are subject to moderation.

Article Comments - To add a comment please sign in

If you would like to reuse any content, in print or online, from, please contact us first for permission. more

Follow on Facebook Follow on Twitter Follow on YouTube Follow on LinkedIn Follow on Instagram RSS Sign up for newsletters

Magazine of Chemistry Europe (16 European Chemical Societies) published by Wiley-VCH