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Indonesian chemical industry news
19 March 2026
Eni 2026–2030 Plan
Consistent strategy: strong E&P project pipeline driving 3-4% production growth to 2030, self-funding Transition units, CFFO rising to €17bn, €40-45bn FCF 2026-30, lower gearing and higher payouts.
18 March 2026
Eni approves dual FIDs for Indonesian deep‑water gas hubs
Dual FIDs for Gendalo/Gandang and Geng North/Gehem offshore East Kalimantan. Start 2028; plateau 2029 at 2 bscfd gas and 90,000 bpd condensate. Tie-backs to Jangkrik, new FPSO.
12 March 2026
PETRONAS Discovers Hydrocarbons at Barokah-1, East Java
The Barokah-1 well in East Java reached 3,315.3m depth. Further studies will assess its potential. This supports ongoing projects and highlights exploration prospects in the region.
26 February 2026
Eni Reports Strong 2025 Financial and Strategic Progress
Strong Q4 results with 35% net income growth. Major projects launched, production up 7%. LNG expansion, biofuels growth, and strategic partnerships enhance resilience and shareholder returns.
10 February 2026
Petrobras P-79 Platform Reaches Búzios Field
The FPSO P-79 arrived at the Búzios field to expedite production. It has a capacity of 180,000 barrels of oil and 7.2 million m³ of gas daily, part of the Búzios 8 Production Development project.
10 February 2026
Borealis and Partners Launch Circular Waste Management in Indonesia
A feasibility study will assess creating a plastics recycling facility in East Java, aiming to transform waste into high-quality recycled polyolefins and promote a circular economy.
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5 January 2026
Terumo Asia Pacific Earns Second Consecutive Great Place to Work Certification
All eight Terumo Asia Pacific entities are certified as a Great Place to Work, highlighting their commitment to a supportive workplace culture and enhancing talent attraction and retention.
15 December 2025
Borealis Advances EU Project ELECTRO for Recycling Hard-to-Recycle Plastics
Project ELECTRO uses electrified recycling to convert mixed plastic waste into high-value olefins, reducing emissions and supporting circularity with real-world waste testing.
9 December 2025
Eni Discovers Major Gas Reserve in Indonesia's Kutei Basin
Konta-1 well reveals 600 Bcf gas, potential over 1 TCF. Fast-track development planned, leveraging nearby facilities. Further exploration in Kutei Basin set for 2026.
4 December 2025
Eni and Gulf Development Sign Long-Term LNG Agreement
Eni will supply 0.8 MTPA of LNG to Thailand for 10 years, starting 2027, expanding its Asian presence and aiming for a 20 MTPA portfolio by 2030.
3 December 2025
Eni and BOTAŞ Sign Long-Term LNG Agreement
Eni will supply BOTAŞ with 0.4 MTPA of LNG for 10 years from 2028, aligning with its strategy to diversify and expand its global LNG portfolio.
17 November 2025
TechnipFMC Secures iEPCI Contract for Eni's Maha Project in Indonesia
TechnipFMC to deploy Subsea 2.0® technology for Eni's deepwater Maha project, enhancing timeline certainty and leveraging past regional project experience.
17 November 2025
Repsol Unveils New Lubricant Brand to Double Business by 2030
Repsol launches a new brand identity, partners with MotoGP, and aims to boost EBITDA and expand in key markets by 2030.
7 November 2025
LOTTE Chemical Completes Indonesian Petrochemical Complex, Expands in Southeast Asia
The new complex boosts Indonesia's petrochemical self-sufficiency to 90%, enhances local economy, and integrates with existing facilities for cost efficiency.
7 November 2025
EnviTec Biogas Launches First Philippine Plant
A 1.4 MW biogas plant in the Philippines will convert poultry manure into power and bio-fertilizer, feeding electricity into the local grid by June 2026. Expansion plans are underway.
6 November 2025
Solvay Q3 2025 Financial Results
Q3 2025 saw a 6.8% sales drop, €232M EBITDA, €117M free cash flow, and €1.7B net debt. 2025 outlook confirmed with €880-930M EBITDA and €300M free cash flow.
3 November 2025
Evonik Sells Betaines Business in Indonesia
Evonik divests its Bekasi site to focus on sustainable specialties, continuing its strategic shift from global betaine operations.
3 November 2025
Takeda's Dengue Vaccine Proven Effective for 7 Years
QDENGA shows long-term safety and efficacy, reducing dengue cases and hospitalizations. Approved in 41 countries, it remains effective across all virus serotypes with no new safety issues.
3 November 2025
Eni and PETRONAS Form JV in Indonesia and Malaysia
NewCo to manage 19 assets, invest $15B, and boost production to 500,000 boe/d, focusing on exploration and sustainable growth in Indonesia and Malaysia.
24 October 2025
Eni Q3 and Nine-Month 2025 Results
Strong Q3 performance with increased cash generation, share buyback, and production growth. Strategic projects in LNG, biorefining, and CCUS advance, maintaining low leverage and stable dividends.
15 October 2025
Brenntag and Momentive Expand Partnership to the Philippines
The partnership extends distribution in Southeast Asia, enhancing Brenntag's offerings with advanced silicone solutions for the coatings, adhesives, and sealants market in the Philippines.
15 September 2025
Coolbrook Breakthrough: Pyrolysis Oil from Plastic Waste Cracked at Large-Scale Pilot
RotoDynamic Reactor technology cracks 100% plastic-waste pyrolysis oil, enhancing sustainable olefin production and supporting circularity in petrochemicals.
4 September 2025
EU-ASEAN Event on Carbon Pricing
EU and ASEAN discussed enhancing cooperation on carbon pricing, sharing expertise, and promoting regional initiatives to drive emissions reduction and economic equity.
3 September 2025
Worley to Design Key Infrastructure for INPEX LNG Project in Indonesia
The project aims to produce 9.5M tons of LNG annually and integrate CCS technology, supporting Indonesia's energy transition with over 70% of work done locally.
27 August 2025
Technip Energies Secures FEED Contracts for INPEX Abadi LNG Project
The project involves designing a gas FPSO and onshore LNG facility, incorporating CCS technology, to support Indonesia's energy goals and Japan's LNG imports.
11 January 2024
INEOS Aromatics Converts Waste to Cement Raw Material
Waste previously incinerated is now repurposed as raw material for cement, aligning with Indonesia's green agenda and supporting sustainability.
