Surabaya, Indonesia, April 8th (Xinhua) – Indonesian Minister of Economic Planning, Elronga Hartato, stated on the 8th that the first melamine project invested by Chinese enterprises in Indonesia is an important milestone in the downstream development of the Indonesian industry.
On April 8th, the groundbreaking ceremony of Indonesia’s first melamine project invested by Jiabu United Technology Co., Ltd. was held in the Jinshi Special Economic Zone of East Java Province. Photo by Li Jiacong, Xinhua News Agency reporter
In a video speech at the project commencement ceremony on the same day, Elronga stated that the project will process natural gas produced in Indonesia into liquid ammonia and further extend downstream industries, which will strongly support agriculture, chemical and other strategic manufacturing industries, while also creating opportunities for exports and enhancing Indonesia’s competitiveness in the global market.
The project is invested by Jiabu United Technology Co., Ltd., the Indonesian holding company of Sichuan Jinxiang Sairui Chemical Co., Ltd. It is located in Jinshi Special Economic Zone, East Java Province, with an investment of about 600 million US dollars. It will fill the gap in the Indonesian melamine market and build a full chain ecosystem.
Chinese Ambassador to Indonesia Wang Lutong stated in his speech at the scene that the energy and chemical industry chain, as an important link connecting energy resources and agricultural production, has increasingly highlighted its strategic significance. The implementation of this project will further enhance the development level of Indonesia’s energy and chemical industry chain, strengthen the independent supply capacity of key products such as fertilizers, promote regional economic development, and make positive contributions to Indonesia’s industrialization process.