Tag: Petrochemicals

  • Jakarta Waiver

    Indonesia scraps import duties on aircraft spare parts and on LPG bound for petrochemical plants in a second-half stimulus push, handing cost relief to airlines and plastics producers just as new United States tariffs begin to bite across Southeast Asia. International Trade Desk | Peacock Tariff Consulting JAKARTA, July 28 – Indonesia has eliminated import…

  • Petrochemical Supply Chain Fracture: Indonesia’s Chandra Asri Declares Force Majeure

    Petrochemical Supply Chain Fracture: Indonesia’s Chandra Asri Declares Force Majeure

    Indonesia’s Largest Petrochemical Producer Faces Critical Feedstock Constraint Chandra Asri Pacific, Indonesia’s largest petrochemical producer, has declared force majeure, effectively announcing that it cannot meet contractual obligations due to extraordinary circumstances beyond its control. The force majeure declaration reflects a critical constraint in its primary feedstock supply-naphtha-which flows through the Strait of Hormuz from Middle…