Asahimas Chemical has just completed its US$400 million of expansion project in Merak, Banten province, allowing the chlor-alkaly company to secured domestic supply of PVC resin, and will export more. Lack of investments in petrochemicals contributed to ballooning import of organic chemicals and downstream products (plastics) from US$4.7 billion in 2004 to US$15 billion in 2014.To subscribe please click here
