The petrochemical industry in Indonesia has experienced significant growth and success in recent years, driven by a range of factors including government initiatives, increased investment, and advances in technology. With a strong GDP and rising employment figures, the sector has become a key driver of the Indonesian economy. In this article, we will explore the key statistics from 2022, the factors contributing to its growth and success, each industry's growth and comparison to previous years, key trends including technological disruptions, challenges, and future outlook.
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PT. MEINDO ELANG INDAH
1,676
+62 21 29675128 recruitment@meindo.com
PT Meindo Elang Indah is one of the leading EPCI companies in Indonesia, providing fully integrated solutions in Engineering, Procurement, Construction, and Installation services for the Petrochemical, Energy, and upstream Oil & Gas Industry. Founded in 1987, Meindo commenced its Engineering and Construction business in 1991 as a petrochemical contractor before venturing into the upstream Oil and Gas sector. We clinched our first O&G project (Peciko I) in 1997 for Total E & P Indonesie. Since then, we have successfully managed more than 150 onshore and offshore O&G projects in Indonesia. With over 20 years of experience, Meindo has built our local presence as the leader in topside, jacket and module fabrication, onshore/offshore pipeline installation in Indonesia.
PT ADIWARNA ANUGERAH ABADI
105
+62 811-9797-011 info@adiwarna.co.id
PT. Adiwarna Anugerah Abadi put specializing in a complete fire protection solution. We focus on the high hazard fire protection and specialized risk industries such as Oil & gas plants, data centers, banking, power plants, petrochemical, and industrial plants.
MKINDO
61
+62 21 39501557 busdev@mkindo.com
Company Overview PT Mitra Konsultansi Indonesia or MKINDO (was EJJV CONSULTANCY) is a member of EJJV Group; a leading South East Asia Software and Consultancy Services provider for Oil, Gas and Construction specific industries. We operate internationally through our offices in Jakarta (Indonesia), Singapore, Kuala Lumpur (Malaysia), Seoul (South Korea) and Manila (Philippines). We design, develop, support and promote software applications using integrated, state-of-the-art technology with a conscious effort toward innovative and creative concepts. We have developed a unique service by merging, in a common sense by utilising our extensive experience and dedication to customer service. - Consultancy Services, - Application and Software Development, - Outsourcing - Managed Services - Research and Development We develop our own software products and tools in all the above domains. With a rich and varied experience in oil and gas, petrochemical, mining, power, we are providing software dev…
PT. TRUBA JAGA CITA
426
+62 21 22780808 (blank)
PT Truba Jaga Cita is subsidiary of PT. Truba Jaya Engineering is one of the leading national construction company with solid reputation and achievement which established to engage the Operation and Maintenance Project PT Truba Jaga Cita is one company in the group of PT Truba Jaya Engineering. Business our company engaged in Operation & Maintenance includes several categories, such as industrial plant, cement plant, mining plant, power plant and petrochemical plant.
PT ADIKARI WISESA INDONESIA
74
+62 851-6255-1447 info@extreme-maintenance.com
Established in October 2008, PT. Adikari Wisesa Indonesia is an expert in maintenance service and equipment providing industry. Our services are evolving from operation and maintenance contract, corrective maintenance, predictive maintenance to maintenance optimization. We also handle troubleshooting for mechanical and electrical problems. Aiming to be a World Class Company, we facilitate ourselves with the latest technology, comprehensive disciplines, and various experiences in several work fields, such as: oil and gas industry, petrochemical industry, manufacturing industry, power generation industry, etc. Working with high integrity, based on the best standard, supported by experienced human resources with international certificates and high capability workshop, we guarantee all our services and products will have the highest performance in its field. Our top success parameter is our customers satisfaction.
AICÓN GLOBAL INDONESIA
40
+62 21 50101504 office@aicon.co.id
Founded in 2010, Aicon has been promoting and encouraging business organizations to strategically manage their sustainability context and implement sustainable development principles strategically and innovatively to achieve a better and sustainable Indonesia. Nowadays, Aicon has become a prominent consulting firm whose members are experts with adequate knowledge and skills in sustainability and social responsibility. Aicon has the expertise and experience working with corporations in various industry sectors, such as oil and gas, petrochemical, mining, heavy equipment, construction, cement, transportation, fertilizer, palm oil, food and beverages, and pulp and paper, as well as banking and financing. Some of the portfolios and services provided by Aicon, namely: > Adoption of ISO 26000 Guidance on Social Responsibility > Develop sustainability blueprint, strategy, standard operating procedure (SOP), and policy > Social Return on Investment (SROI) analysis > Community Satisfaction In…
PT. MAFHINDO UTAMA
16
+62 542 7204044 mafhindo@mafhindo.net
http://www.mafhindo.net mafhindo@mafhindo.net PT. Mafhindo Utama Has established since 1984 and under New Management since 1988 until Present. PT. Mafhindo Utama is inspection and certification company in Indonesia which provide Inspection and certification services to major oil and gas, geothermal, petrochemical and other industries. Our Services coverage : 1. Statutory Inspection for Oil and Gas , Geothermal , Mining , Industry and Marine 2. Technical Support, Inspection and Surveying in Marine Field 3. Voluntary Inspection 4. Technical assistant supply Our Personnel qualification Having earned the reputation as an industry leader in inspection and certification services, we are commited to staying abreast of the latest inspection and certification advancements and applying them to our services.
PT. WIDE & PIN
45
+62 21 7459434 (blank)
PT Wide & Pin was established on February 1999 by a group of experienced people in the industries. As to date, PT Wide & Pin provides services to these industries: oil and gas, electric power, geothermal and mining, fertilizer, chemicals and petrochemical. At present time, PT Wide & Pin has four Departments: vendor inspection and expediting services, inspection for government statutory certification services, risk and safety services, engineering and independent consulting. To maintain and continually improve its services to meet the clients standards, PT Wide & Pin is equipped with ISO 14001:2015 and ISO 9001:2008. These ISOs was certified by Det Norske Veritas (DNV). Furthermore, the inspection and certification competence of PT Wide & Pin is ISO/IEC 17020:2012 - Conformity assessment accredited. And it was certified by KAN (National Accreditation Committee).
PT DURAQUIPT CEMERLANG
137
+62 813-9520-389 e-marketing@ptdqc.com
PT.Duraquipt was established in 2000 and is a manufacturer and supplier of process pumps, a packager for API Pumps & Fire water Pumps, and also provides maintenance, repair and services for chemical, petrochemical, oil & gas, pulp & paper, fertilizer, power plant, and mining sectors. In Indonesia, it has branch offices at Pekanbaru, Surabaya and Balikpapan. PT.Duraquipt has a complete range of machineries, equipment and facilities for pump assembly, fire pumps packaging, pump& valves repairs, pump parts fabrication and pump testing. PT. Duraquipt is an ISO 9001:2008 certified company. It is also compliant with the Health, Safety and Environment (HSE) standards of major oil& gas companies.
PT ARITA PRIMA INDONESIA TBK
112
+62 21 6516107 info@arita.co.id
Berdiri sejak tanggal 05 Oktober 2000 di Jakarta, Indonesia, PT Arita Prima Indonesia Tbk merupakan perusahaan yang bergerak di bidang impor, distribusi, dan servis untuk produk valve, fitting, instrumentation, serta control. Melalui performa prima yang senantiasa kami tingkatkan dari waktu ke waktu, telah mengantarkan Arita sebagai perusahaan valve yang pertama Go Public dan satu-satunya di Indonesia pada tahun 2013. Jaringan internasional yang luas membuat Arita menjadi perusahaan terdepan di bidangnya. Arita merupakan jembatan bagi customer Indonesia untuk mendapatkan produk-produk berkualitas dari seluruh dunia, antara lain JF Arita, Bells, Q-Flex, Clorius, Ari Armaturen, Thermo, ANS dan masih banyak lagi. Memasuki usia 17 tahun di Indonesia, Arita kini telah menjadi penyedia produk pendukung berbagai industri, mulai dari minyak & gas, kelapa sawit, perkapalan, oleochemical, pengolahan air, petrochemical, bangunan, pertambangan, hingga energi. Didukung oleh 34 cabang dan 12 d…
INSANIA GROUP
16
+62 31 8716090 information@insaniagrup.com
Insania Group represent of International well-known specialty chemical and equipment manufacturers, mostly as their exclusive distributor. We dont just sell to the customer, but we try to give better solution to customer.
PT CHANDRA ASRI PETROCHEMICAL TBK
1,908
+62 254 5750085 (blank)
Chandra Asri Petrochemical is the largest vertically integrated petrochemical company in Indonesia with facilities located in Ciwandan, Cilegon and Puloampel, Serang in Banten Province. Chandra Asri is Indonesias premier petrochemical plant incorporating world-class, state-of-the-art technology and supporting facilities. At the heart of Chandra Asri lies the Lummus Naphtha Cracker producing high quality Ethylene, Propylene, Mixed C4, and Pyrolysis Gasoline (Py-Gas) for the Indonesian as well as regional export markets. Besides the Naphtha Cracker plant, Chandra Asri has integrated Polyethylene and Polypropylene production facilities incorporating two world-class technologies. Four Unipol reactors are designed by Union Carbide: one reactor is capable of producing both Linear Low and High Density Polyethylene resins; the other three reactors are capable of producing a variety of Polypropylene resins. The fifth reactor uses Showa Denko KK of Japans revolutionary Bimodal High Density Pol…
TRILINK INDONESIA
120
+62 21 31924965 info@trilink-indonesia.com
Tri Link Indonesia specializes in the recruitment and placement of professional and skilled manpower abroad, especially sourcing from Indonesia. With two separate technical Departments, one dedicated to recruitment & placement of Petroleum Professionals from Management to Supervisory and Inspector levels, and another department dedicated to skilled workers from Team Leader to Operators / Technicians level, we operate to successfully match the expertise, talents and aspirations of Indonesian workers with the requests from Clients, thus providing a service that brings the highest degree of satisfaction to all parties involved. Our Services cover the following: • Search, Selection & Recruitment From precise Identification of request from Client and searching through our database and global networks, to intensive pre-interviews and submission of short-listed best-fit candidates to Client, all on the basis of standardized and rigorous internal procedures. • Contract Manpower Providing …
KSB INDONESIA
276
+65 8593 5768 info@ksb.com
KSB is one of the worlds leading suppliers of pumps and valves as well as comprehensive services, constantly improving the hydraulic components of its pumps and valves – for low life cycle cost and optimum performance including digitalization which brings innovations promising better efficiency and lower operating costs. Since 1993, KSB plays a major role in Indonesia by providing products and services to multiple local industries. Supported by 1 factory, 9 branches, 10 sales offices, 3 service workshops, 1 service point, and associated partners, committed to ensuring customer satisfaction, as well as continually aiming for sustainable growth and development. Our reliable, high-efficiency pumps and valves are used in applications covering everything from building services, general industry, and water transport to wastewater treatment, chemical/petrochemical, power plant processes, and mining.
PT MULTI TEKNINDO INFOTRONIKA
58
+62 21 57949518 info@multiteknindo.com
PT Multi Teknindo Infotronika – multi, is a domestic private investment company (PMDN) located in Jakarta, Indonesia. For over the years, multi has gained solid expertise and experiences in providing professional products to customers requiring analytical equipment for general application and tools for nanotech instrumentations for different facets of applications in research, education, oil & gas, petrochemical, mining, cement, pharmacy, food, and other relevant industries.
REDECO PETROLIN UTAMA PT
37
+62 254 5750075 storage.info@redeco-rpu.com
PT Redeco Petrolin Utama (RPU) has been operating since 1986 as a Terminal for chemical products storage tank in liquid bulk, located in Mangunreja village, Serang district, Banten province of Indonesia. RPU business activities handle the movement of liquid bulk chemicals, such as chemicals, petrochemicals and oil refinery products, which include receiving products through various modes of transportation including pipeline, keeping products in storage tanks, product delivery through various mode of transportation as well as pipeline and packagings. To support those activities, we have two (2) self owned jetties connected to various sizes of storage tanks suitable to products characteristic, product loading facilities that can serve each size of land transportation vehicle and certain types of packaging. Our management has been implementing and maintaining ISO 9001 (Quality Management System), ISO 14001(Environmental Management System), ISO 45001 (Occupational Health & Safety Managem…
PT. MULTAN KUSUMA SAKTI
29
+62 21 5308462 marketing@multankusumasakti.co.id
PT. MULTAN KUSUMA SAKTI is a mid-sized industrial equipment agent specializing in fluid handling and air/gas handling equipment, established in 1989. We sell to all types of industry including mining, paper/pulp, sugar, power plants, oil/gas, and chemical/petrochemical. The connection between our products is that they are engineering products, not of the shelf items. We sell based upon technical aspects, though a competitive price is always required. Our business is project oriented, not stocking dealer sales.
PT. PANCA AMARA UTAMA
313
+62 711 3038000 corpsec.sep@essa.id
PT Panca Amara Utama (“PAU”) is a 700,000 MT per year Ammonia initiative. Ammonia is a chemical compound used in the manufacture of fertilizer, explosives, acids and other petrochemical products. This USD 800 million project is built near Luwuk, Central Sulawesi. One of the biggest industrial projects in Eastern Indonesia, PAU initiative supports the governments directive to increase domestic value addition within the country. PAUs Ammonia plant runs on KBRs Reforming Exchanger System & Purifier Technology, the leading technology in Ammonia production. This represents its first application in the world, which puts Indonesia at the forefront of Ammonia production worldwide. Construction began in June 2015 and the plant began commercial operations in August 2018.
PT PARADISE PERKASA
129
+62 21 6288319 info@paradiseperkasa.com
PT. PARADISE PERKASA was established in 1993 in a period of petrochemical, oil & gas industrial booming and now, become one of the leading stockiest in piping systems in Indonesia. We emphasize in the supply of high quality materials mainly to Engineering Fabricators, Contractors, Petrochemical Industries, Power Station, Oil refineries and Oil & Gas Industries. Our policy is to provide the most comprehensive and reliable service in the industries as we realize that it is the most customers are looking for. Therefore, we apply advance computer system and fully trained personnel to keep in touch with our clients and datas so that we can keep on our standard of services. As a proof, we have been accredited ISO 9001:2008 Quality Standard since 2014. Furthermore, Our stocks are manufactured and fully conformed to ASTM/ASME and other international standards.
PRATITA PRAMA NUGRAHA
49
+62 21 74861800 info@pratita.com
PT. Pratita Prama Nugraha started its business supplying NDT products to fulfill the needs of its NDT customers. Pratita has developed its businesses, encompassing various technologies for implementation in different industry sectors ranging from oil and gas, power plant, inspection companies, shipyard fabrication, aviation, fertilizer, pipe manufacturers, medicals, petrochemicals, and automotive. Since the beginning, Pratita has always dedicated its work to ideal safety to ensure that integrity can survive for a long time, that weakness can be understood, and that mistakes can be anticipated. Our employees in Jakartas Head Office as well as our branches in Batam, Pekanbaru, Balikpapan, Surabaya, and Cilegon, enable us to reach out and answer the needs of our customers. Our services include an after-sales service warranty, technical assistance, training, and updates on the latest technology. With competence in Industrial Engineering, Electrical Engineering, and Information Technology…
Top Petrochemical Companies in Indonesia
Key Statistics from 2022
The petrochemical industry in Indonesia has been a significant contributor to the country's economic growth, with a GDP of $1.11 trillion in 2022, up from $1.02 trillion in 2021. The industry employs over 1 million people, and with an annual growth rate of 6.3%, it is expected to continue to be a major contributor to employment in Indonesia.
Factors Contributing to Growth and Success
One of the primary factors contributing to the growth and success of the petrochemical industry in Indonesia is the government's initiatives to promote investment in the sector. The Indonesian government has implemented several policies aimed at attracting foreign investment, including offering tax incentives, streamlining regulatory processes, and investing in infrastructure. These initiatives have led to an increase in foreign investment, which has in turn led to increased production capacity and the development of new products.
Another factor contributing to the success of the industry is the growing demand for petrochemical products, both domestically and globally. Indonesia's expanding middle class has led to increased consumption of consumer goods, which has in turn driven demand for plastic products, such as packaging materials and household items. Additionally, the country's proximity to major markets such as China and India has made it an attractive location for petrochemical producers looking to expand their production capacity.
Each Industry's Growth and Comparison to Previous Years
The petrochemical industry in Indonesia comprises several sub-sectors, including plastics, synthetic fibers, and basic chemicals. The plastics sector is the largest sub-sector, accounting for around 60% of total petrochemical production. In 2022, the plastics sector experienced significant growth, with production increasing by 10% compared to the previous year. The synthetic fibers and basic chemicals sectors also experienced growth, with production increasing by 8% and 6% respectively.
In comparison to previous years, the growth of the petrochemical industry in Indonesia has been significant. In 2021, the industry grew by 5.8%, and this growth has continued into 2022. The growth is expected to continue in the coming years, driven by increased investment and growing demand for petrochemical products.
Key Trends Including Technological Disruptions
One of the key trends in the petrochemical industry in Indonesia is the increasing adoption of technology. Advances in technology have enabled producers to develop new products, increase efficiency, and reduce costs. For example, the use of digital technologies, such as automation and artificial intelligence, has enabled producers to optimize production processes and reduce waste.
Another trend in the industry is the growing focus on sustainability. Consumers are becoming increasingly aware of the environmental impact of petrochemical products, and as a result, producers are exploring ways to reduce their carbon footprint. This has led to the development of new materials, such as bioplastics, which are biodegradable and environmentally friendly.
Challenges
Despite the growth and success of the petrochemical industry in Indonesia, there are several challenges that the sector faces. One of the biggest challenges is the volatility of global oil prices, which can have a significant impact on the industry's profitability. Additionally, the industry is facing increasing competition from other petrochemical producers in the region, such as China and India.
Future Outlook
Looking to the future, the petrochemical industry in Indonesia is expected to continue its growth trajectory. The government's ongoing initiatives to attract foreign investment, combined with the growing demand for petrochemical products, are likely to drive further growth in the sector. Additionally, advances in technology and a growing focus on sustainability are expected to create new opportunities for producers.
One of the key areas of focus for the industry in the coming years will be the development of new, innovative products. Producers will need to invest in research and development to stay ahead of the competition and meet changing consumer demands. Additionally, there will be a growing focus on sustainability, with producers exploring ways to reduce their carbon footprint and develop environmentally friendly products.
Conclusion
In conclusion, the petrochemical industry in Indonesia has experienced significant growth and success in recent years, driven by government initiatives, increased investment, and advances in technology. While the industry faces challenges such as volatile oil prices and increasing competition from other producers, its outlook remains positive. With a growing demand for petrochemical products and a focus on innovation and sustainability, the industry is likely to continue to be a key driver of the Indonesian economy in the years to come.