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State-owned Indonesia Battery Holding to help build integrated EV industry in Indonesia; role of nickel

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In Indonesia, state miners MIND ID (Mining Industry Indonesia) and Aneka Tambang (ANTAM); state utility Perusahan Listrik Negara (PLN); and state oil company Pertamina have agreed to form a new venture: Indonesia Battery Holding.

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Pertamina to use Honeywell UOP technologies to produce advanced biofuels in Indonesia

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PT Pertamina (Persero)—the national oil company of Indonesia—will use Honeywell UOP technologies to produce advanced biofuels at its Plaju and Cilacap refineries in Indonesia. UOP will provide technology licenses, basic engineering, specialty equipment, catalysts and training for the two projects in Indonesia.

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Report: Suzuki to build another engine plant in Indonesia, tripling its output

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plans to build another engine factory in Indonesia, tripling its output there to 150,000 units a year. In 2011, Indonesia likely became the biggest auto market in Southeast Asia. The Nikkei reports that Suzuki Motor Corp.

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Hyundai Motor Group and LG Energy Solution to build EV battery gigafactory in nickel-rich Indonesia

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Hyundai Motor Group (the Group) and LG Energy Solution have signed a Memorandum of Understanding (MoU) with the Government of Indonesia to establish a joint venture (JV) in Indonesia to manufacture battery cells for BEVs. billion into the JV to build a battery cell plant in Karawang, Indonesia.

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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The two companies have partnered before, with the Weda Bay Nickel project in Indonesia.

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Pertamina to collaborate with Celanese to develop fuel ethanol projects using Celanese TCX process in Indonesia; use of lower-rank coal

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Celanese Corporation has entered into a Joint Statement of Cooperation to advance the development of fuel ethanol projects with Pertamina, the state-owned energy company of Indonesia. So far, Celanese has been targeting the industrial ethanol market as part of its acetyl business. Earlier post.). Earlier post.).

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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

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Grab, the leading ride-hailing platform in Southeast Asia, launched its “Grab 4 Indonesia” 2020 master plan, endorsed by Badan Koordinasi Penanaman Modal (BKPM), the Government of Indonesia’s Investment Coordinating Board. Grab’s driver partners were a key pillar of the company’s robust growth. million commuters in greater Jakarta.

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