The Coordinating Minister for Economic Affairs recently stated that the first melamine project in Indonesia, invested by a Chinese company, is an important milestone in Indonesia's efforts to advance industrial downstreaming and increase industrial added value. On that day, the groundbreaking ceremony for Indonesia's first melamine project, invested by Jiapu United Technology Co., Ltd., was held in the Gresik Special Economic Zone, East Java. In his video speech, he pointed out that the project uses locally produced natural gas as raw material, which is first processed into liquid ammonia, then extended to high-value-added downstream industrial chains. Once completed, it will strongly support the development of Indonesia's agriculture, chemical industry, and other strategic manufacturing sectors, while expanding export opportunities and significantly enhancing Indonesia's competitiveness in the global chemical industry chain.
The project is implemented by Sichuan Golden Elephant Sincerity Chemical Co., Ltd. of China through its Indonesian holding company Jiapu United Technology Co., Ltd., with a total investment of approximately US$600 million, located in the Gresik Special Economic Zone, East Java. Upon completion, the project will completely fill the market gap for melamine products in Indonesia, ending the long-term reliance on imports, and establish a complete chemical industry chain ecosystem from natural gas, liquid ammonia to melamine, driving the coordinated development of upstream and downstream supporting industries.
Chinese Ambassador to Indonesia Wang Lutong stated in his speech at the groundbreaking ceremony that the energy and chemical industry chain is an important link connecting energy resource development and key areas such as agricultural production, with increasingly prominent strategic value. The implementation of this melamine project will further improve the layout of Indonesia's energy and chemical industry chain, enhance the self-sufficiency capability of important agricultural materials such as fertilizers, drive economic growth in East Java, and inject strong momentum into Indonesia's acceleration of industrialization and economic structure upgrading.
As one of the landmark projects of China-Indonesia production capacity cooperation, this project not only deepens practical cooperation between the two countries in the chemical and energy fields but also fully reflects the fruitful achievements of the alignment of the Belt and Road Initiative with Indonesia's Global Maritime Fulcrum strategy, serving as a demonstration for promoting the transformation of Indonesia's industrial structure towards high-end, localized, and downstream-oriented development.
行业快讯
Chinese-Invested Melamine Project Becomes Milestone for Indonesia's Downstream Industrialization
The Coordinating Minister for Economic Affairs recently stated that the first melamine project in Indonesia, invested by a Chinese company, is an important milestone in Indonesia's efforts to advance industrial downstreaming and increase industrial added value. On that day, the groundbreaking ceremony for Indonesia's first melamine project, invested by Jiapu United Technology Co., Ltd., was held in the Gresik Special Economic Zone, East Java. In his video speech, he pointed out that the project uses locally produced natural gas as raw material, which is first processed into liquid ammonia, then extended to high-value-added downstream industrial chains. Once completed, it will strongly support the development of Indonesia's agriculture, chemical industry, and other strategic manufacturing sectors, while expanding export opportunities and significantly enhancing Indonesia's competitiveness in the global chemical industry chain.
The project is implemented by Sichuan Golden Elephant Sincerity Chemical Co., Ltd. of China through its Indonesian holding company Jiapu United Technology Co., Ltd., with a total investment of approximately US$600 million, located in the Gresik Special Economic Zone, East Java. Upon completion, the project will completely fill the market gap for melamine products in Indonesia, ending the long-term reliance on imports, and establish a complete chemical industry chain ecosystem from natural gas, liquid ammonia to melamine, driving the coordinated development of upstream and downstream supporting industries.
Chinese Ambassador to Indonesia Wang Lutong stated in his speech at the groundbreaking ceremony that the energy and chemical industry chain is an important link connecting energy resource development and key areas such as agricultural production, with increasingly prominent strategic value. The implementation of this melamine project will further improve the layout of Indonesia's energy and chemical industry chain, enhance the self-sufficiency capability of important agricultural materials such as fertilizers, drive economic growth in East Java, and inject strong momentum into Indonesia's acceleration of industrialization and economic structure upgrading.
As one of the landmark projects of China-Indonesia production capacity cooperation, this project not only deepens practical cooperation between the two countries in the chemical and energy fields but also fully reflects the fruitful achievements of the alignment of the Belt and Road Initiative with Indonesia's Global Maritime Fulcrum strategy, serving as a demonstration for promoting the transformation of Indonesia's industrial structure towards high-end, localized, and downstream-oriented development.
