The cooperation agreement was signed by KPI's Director of Feedstock & Product Optimization, Sani Dinar Saifuddin, and PIS's Director of Gas, Petrochemicals, & New Business, Arief Sukmara, during a signing ceremony held in Bandung on Monday (September 30).
Through this strategic partnership, KPI entrusts PIS with the transportation of cargo from KPI's processing facilities, such as in Cilacap and Balongan ports, to storage facilities located in various locations, including Gresik and other sites across Indonesia.
“The capabilities of PIS in the maritime logistics sector have been internationally recognized, thanks to the quality of its fleet and the high safety standards it has implemented. We believe that with these capabilities, KPI and PIS can reach more consumers and meet the petrochemical needs of the national industry more effectively and at lower costs,” stated KPI's Director of Feedstock & Product Optimization, Sani Dinar Saifuddin.
Meanwhile, PIS's Director of Gas, Petrochemicals, & New Business, Arief Sukmara, emphasized the importance of this cooperation in fulfilling domestic market demand for petrochemical products. “We are proud of the collaboration between PIS and KPI, which symbolizes synergy within the Pertamina Group. This partnership also allows both parties to develop the petrochemical business by meeting domestic consumer demands.”
Arief also expressed PIS's pride in collaborating with KPI to aggressively develop the petrochemical business. “We are optimistic about this collaboration. PIS is committed to continuously providing better services to our strategic consumers, especially KPI.”
Paraxylene and Propylene are two chemical products derived from crude oil. They are essential raw materials in various industrial processes that can be processed into a range of industrial products, such as PET plastics, pharmaceuticals, automotive components, electronic products, and cosmetics.
The vital role of Paraxylene and Propylene in various industrial products has led to an increasing market demand for both, particularly in Indonesia, which is currently focused on developing its industrial capacity.
The cargo transportation volume is approximately 5,000 Metric Tons for Paraxylene and 1,567.5 Metric Tons for Propylene, with a shipping frequency of around 3-7 shipments per month. This cargo transport will fully optimize PIS's fleet, specifically configured to safely transport petrochemical cargo in accordance with applicable international standards.
“The crucial role of both as industrial raw materials makes market demand trends continue to rise. We are committed to meeting domestic market needs for these two petrochemical products by offering safe and quality shipping solutions at more affordable prices,” concluded Arief.
Reporter: PR Wire
Editor: PR Wire
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