Indonesia’s Industry Ministry is targeting a US$9.5 billion reduction in petrochemical imports by strengthening upstream capacity through major investment projects such as Chandra Asri Pacific 2, Lotte Chemical Indonesia, and TPPI Olefin Complex Tuban. These initiatives aim not only to cut imports but also to build long-term resilience across downstream industries including plastics, textiles, pharmaceuticals, and chemicals. Current supply-demand gaps remain wide, with deficits in ethylene, p-xylene, MEG, and polymers like polyethylene and polypropylene, forcing reliance on imports worth billions annually. Despite these challenges, the chemical, pharmaceutical, and textile sector grew 5.92% in Q3 2025, outpacing national growth, with investments reaching US$8.5 billion. Structural bottlenecks—such as dependence on imported feedstock, weak refinery integration, and limited infrastructure—continue to hinder competitiveness. To address this, the ministry is preparing a policy roadmap focused on raw material access, tariff exemptions, trade remedies, Industry 4.0 adoption, and green standards, alongside developing integrated chemical clusters and special economic zones to strengthen Indonesia’s petrochemical ecosystem.Source: https://jakartaglobe.id/business/industry-ministry-aims-to-cut-petrochemical-imports-by-95-billion  (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 17 November 2025