Indonesia sharpens up

Hui, Cheok Soh; Robinson, Simon
July 2006
ICIS Chemical Business;7/24/2006, Vol. 1 Issue 29, p4
Trade Publication
This article explains that Indonesia may just be getting its act together to grow its petrochemical industry. The world's fourth most populous nation is home to plentiful supplies of natural gas and oil, but concerns about corruption and poor infrastructure have for years alienated foreign investors. The Indonesian government recently proposed tax incentives for new and existing investors to boost its struggling chemical industry. It has gathered companies and industry associations to discuss ways to improve prospects for the sector, says Budi Susanto Sadiman, secretary general of Inaplas, the Indonesian olefin and plastic industry association.


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