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Ups and Downs over Olefin Refinery

Monday, September 20, 2021

Pertamina finally selected winners of the bid for the TPPI olefin refinery megaproject after months of uncertainty. It leaves behind embers of a dispute between the boards of commissioners and the directors over alleged irregularities in the project planning.

arsip tempo : 171170622412.

President Joko Widodo (in white shirt) with of State-Owned Enterprises Minister Erick Thohir (batik shirt) and Pertamina CEO Nicke Widyawati (second from left) inspecting Trans Pacific Petrochemical Indotama’s (TPPI) refinery in Tuban, Est Java, December 2019. Photo: BPMI . tempo : 171170622412.

THE long awaited letter by tender participants for the construction project design of Trans-Pacific Petrochemical Indotama’s (TPPI) olefin refinery in Tuban, East Java, was finally issued by Kilang Pertamina Internasional (KPI) on Monday, 6 September. The Pertamina subsidiary, which oversees TPPI, appointed two bidders as winners of the tender.

The bid winners are the joint operation Hyundai Engineering Co Ltd-Rekayasa Industri-Enviromate

...

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