Green Asia

Indonesia, Exxon to explore petrochemical project investment – statement

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JAKARTA : Indonesia’s Coordinating Ministry for Maritime and Investment Affairs has signed an initial agreement with Exxon Mobil to explore potential investment in a petrochemical project in the country, the ministry said in a statement.

The potential project is expected to produce polymer and may utilise carbon storage facility Exxon is currently reviewing with state oil company Pertamina, it added.

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