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#General Corporate

Air Products develops US$2 billion coal to methanol production facility in East Kalimantan

US company Air Products and Chemical Inc. is developing coal for a methanol production facility in Bengalon, East Kalimantan. Company spokeswoman Jessica Cheng said Air Products would invest US$2 billion to build, own and operate the air separation, gasification, syngas (synthetic natural gas) clean-up, utilities and methanol production assets to produce methanol.

Wintermar to purchase five second-hand vessels by 2022

Indonesian publicly listed shipping company Wintermar Offshore Marine Tbk allocated US$12.5 million for capital expenditures (Capex) in 2021-2022 to purchase five vessels.

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