BANGKOK: Indonesia's state-owned oil and gas firm, Pertamina, has selected Thailand's PTT Global Chemical Pcl (PTTGC) as its partner to build a petrochemical complex in Indonesia with an estimated cost of $5 billion.
The complex, consisting of a 1 million tonne olefins plant and a downstream polymer facility, will start commercial production by 2017 and supply the Indonesian market, the Thai firm said in a statement.
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