Adhikarya – GoldStar win Pertamina`s project

Indonesia Now Spot NewsAdhikarya – GoldStar Indonesia win Pertamina`s project. PT Adhi Karya collaborates with Goldstar Co Ltd (ADHI-GS JO) is the winner on worth US931.48 million dollars Pertamina’s Refinery Project. This projects are including of the Engineering, Procurement and Construction (EPC) of Pertamina`s Residual Fluid Catalytic Cracking (RFCC) project in Cilacap, Central Java.

PT Adhi Karya`s Corporate Secretary Kurnadi Gularso said the RFCC plant was a prestigious project where Pertamina was able to carry out efficiency in operating its refinery.

GS is a large and leading EPC firm from South Korea. Adhi has made a correct choice to partner with GS because it has excellent experience in the RFCC field.

It has successfully built six units of RFCC, one of which is in the United Arab Emirates. The project in the UAE is the biggest one in the world, with a capacity of 127,000 BPSD or two times the size of the Cilacap RFCC

PT Adhi Karya had named the Adhi-Goldstar consortium as the official winner of the RFCC tender on September 12, 2011. The project was won after the consortium took part in the tender process held since 2010. Kurnadi said that the agreement on the project would be signed on September 27, 2011. The project is expected to be finished and handed over in 39 months.


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News Update about Stock Code: Stock Name: Price (Rp) Percent Change: Volume: ENRG : Energi Mega Persada Tbk. 133-3: 330,617,000: BKSL : Sentul City Tbk. See detail on http://www.makindo-ct.com/asp/research.asp


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