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Indonesia–s PT Pertamina Plans $7 Billion in Refinery Upgrades, an Industrial Info News Alert

MANILA, PHILIPPINES — (Marketwired) — 10/09/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — PT Pertamina (PERT:IJ) (Jakarta, Indonesia) is studying a $7 billion development master plan to increase crude feedstock flexibility for five of its in Indonesia. Set to be completed by 2018, the planned modifications will allow the processing of lower-cost sour crude and improve profit margins at the refineries.

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