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Trans-Pacific Petrochemicals (TPPI), a subsidiary of Pertamina, has confirmed that it has made a final investment in a previously announced plan to expand its paraxylene (PX) capacity in Tuban, East Java, Indonesia.
Djoko Priyono, President of Indonesia's Petronas International Business, said that the expansion project will cost US$200 million and is one of Indonesia's national strategic projects
In 2019, Petronas acquired TPPI to achieve self-sufficiency in petrochemicals