Researched by Industrial Info Resources (Sugar Land, Texas) -- According to Indonesia's Department of Energy and Mineral Resources, Sasol Limited (Johannesburg), an integrated energy and chemical firm, plans to invest $10 billion by 2015 to develop coal liquefaction plants with a combined capacity of 1.1 million barrels per day in eastern Kalimantan and Sumatra to produce gasoline and other oil products. The firm is in talks with local companies, including PT Bumi Resources Tbk (JAK: BUMI) (Jakarta, Indonesia), an oil and coal-mining firm, and PT Pertamina (Jakarta), a state-owned oil and gas extraction and refining company, to ensure the supply of coal for the plants.
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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
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For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=142702, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
Contact:
Contact:
Joe Govreau
713-783-5147
Via Yahoo
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