Indonesia
INDORAMA TO INVEST $2B IN US AS TARIFF TALKS GO ON
A company rooted in Indonesia is slated to invest US$2 billion in a blue ammonia project in the United States as part of what President Prabowo Subianto called a “win-win solution” in the ongoing tariff negotiations. Coordinating Economic Minister Airlangga Hartarto, who led a top-tier Indonesian delegation to Washington, DC, for bilateral talks last week, revealed in a press conference on Monday that Indorama, a diversified manufacturing company, would make the investment in the US state of Louisiana. He added that the US project had reached the front end engineering design stage, which is a planning phase one step on from the feasibility study. Airlangga noted that Indorama was already operating on US soil in the production of polyethylene terephthalate (PET), the most common thermoplastic polymer, which is used for packaging as well as for food and beverages containers, among many other products.Source : https://www.thejakartapost.com/business/2025/04/28/indorama-to-invest-2b-in-us-as-part-of-tariff-talks.html (ICE GIACARTA)
Fonte notizia: The Jakarta Post, 28/04/2025