SOURCE: Industrial Info Resources

Industrial Info Resources

October 09, 2013 06:30 ET

Indonesia's PT Pertamina Plans $7 Billion in Refinery Upgrades, an Industrial Info News Alert

MANILA, PHILIPPINES--(Marketwired - Oct 9, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- PT Pertamina (PERT:IJ) (Jakarta, Indonesia) is studying a $7 billion development master plan to increase crude feedstock flexibility for five of its refineries in Indonesia. Set to be completed by 2018, the planned modifications will allow the processing of lower-cost sour crude and improve profit margins at the refineries.

Other companies featured: Honeywell International (NYSE:HON)

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