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Food and beverage sales in Indonesia are projected to reach Rp 167 trillion to Rp 168.6 trillion in the second quarter of 2012

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QASA Market Updates
  • Investment on heavy equipment reaches US$300 million
  • Sharia Insurance Industry Premium Estimates To Grow 30%
  • Sharia insurance to be standardized this year
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  • QASA Market Updates • Updates • Mining
     

    Five investors are interested in building refineries and metal processing plants (smelter) of grade alumina


    Investors from Poland have confirmed their interest to invest in Indonesia


    The Ministry of Industry stated that there were 17 companies filed construction permit for smelter starting in 2012


    PT Pertamina (Persero) will increase the use of fatty acid methyl ester (FAME) in biodiesel products


    PT Jasindo Utama targets to complete Indonesia’s first manganese smelter in Kupang Regency


    Indonesia’s coal production during January-November 2011 is exported to China amount 92,15 million tons


    To boost the utilization of natural gas for domestic purposes, the government has prepared nine gas infrastructure projects


    PT Pertamina (Persero) targets to export 5 million liters of lubricant to China in 3-4 years

    Ferrostaal AG plans to build a petrochemical plant in Tangguh, West Papua


    Lubricant sales predicted to rise due to growing domestic demand


    Investment in the oil and gas sector is projected to reach US$18.3 billion next year


    Executive Agency for Upstream Business of Oil and Gas is optimistic to achieve the drilling target of 895 wells


    Nigeria and an Indonesian consortium signed a $960 million investment deal


    PT Pertamina, PT Chevron Pacific Indonesia and PT Medco Energi Internasional Tbk are ready to implement the enhanced oil recovery program


    South Korea is interested in making investment in the renewable energy sector in Indonesia


    Aneka Tambang plans to almost double its investment next year to finance various projects


    Chinese business group Ning Xia Hengshun Group is considering building a $7 billion nickel smelter in Indonesia


    Norway-based oil and gas company Hoegh LNG is eyeing a project worth of US$200 million


    The company projects its sales volume to reach 3,5 million tons by year-end and its average coal price to reach 59,8 USD per ton

    The Indonesian Coal Mining Association (APBI) projects that the national coal production will increase by 7%-10% next year to 370 million tons

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