Indonesia Petrochemicals Report - Q2 2024

Indonesia’s downstream sector is set to experience growth in capacity as well as expansion of value chains. Pertamina’s expansion and modernisation plan for the sector remains large and ambitious as it is subject to elevated project risks. However, demand has softened and Indonesia has not escap...

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Bibliographic Details
Published inFitch Solutions Country Industry Reports p. 1
Format Report
LanguageEnglish
Published London Fitch Solutions Group Limited 01.04.2024
Subjects
Business forecasts
Industry analysis
Industrywide conditions
Market analysis
Petrochemicals industry
Statistical data
SWOT analysis
Asia
Indonesia
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Summary:Indonesia’s downstream sector is set to experience growth in capacity as well as expansion of value chains. Pertamina’s expansion and modernisation plan for the sector remains large and ambitious as it is subject to elevated project risks. However, demand has softened and Indonesia has not escaped the downward pressure on margins caused by Mainland China's self sufficiency, although petrochemicals producer Chandra Asri reported better results in 2023.
ISSN:1749-2270
1749-2270