Michelin-licensed SSBR, PBR plant to be built in Indonesia
PT. Synthetic Rubber Indonesia, a joint venture company owned by Groupe Michelin and PT Chandra Asri Petrochemical Tbk, has awarded Toyo Engineering Corporation and PT. Inti Karya Persada Tehnik contracts to set up a 120,000 ton per annum synthetic rubber facility in Cilegon on the western tip of Java, Indonesia. The plant is expected to be ready in 2018 and will produce Michelin-licensed Solution Styrene Butadiene Rubber (SSBR) and Polybutadiene Rubber with Neodymium Catalyst (PBR) for use in tyre production.
The facility will utilise Butadiene feedstock produced by PT Petrokimia Butadiene Indonesia, a subsidiary of Chandra Asri Petrochemical. Toyo Engineering has entered into an offshore supply contract while Inti Karya has entered into a separate detail engineering, procurement and construction contract with Synthetic Rubber Indonesia.
Toyo Engineering is not related to Toyo Tire and Rubber.
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