#Industry
Agus Gumiwang Kartasasmita follows in his father’s steps
Agus Gumiwang Kartasasmita gets political traits from his father. He followed his father's footsteps and he joined the Golkar Party. His popularity soared while being a member of the party and held important posts in the government. He made some achievements during his time. Kartasasmita is known to be a loyal person, hardworking, serious and wholeheartedly and some see him as a perfectionist.
Indonesia and EGA strengthen aluminum production partnership
Coordinating Minister for the Economy Airlangga Hartarto recently met with Abdulnasser Ibrahim Saif Bin Kalban, CEO of Emirate Global Aluminium (EGA), discussing the continuation of cooperation in developing aluminium production through the development of a smelter that processes bauxite in Indonesia.
ESDM sets B35 biodiesel quota at 13.41 million for 2024
The Ministry of Energy and Mineral Resources (ESDM) has set the quota for the distribution of B35 biodiesel, a blend of Solar with 35 percent palm oil-based biofuels (BBN), at 13.41 million kiloliters (KL) for 2024.
Inpex reveals financial scheme for Masela Block
Inpex Masela Ltd. is planning to utilize a trustee borrowing scheme (TBS) as part of the financing strategy for the Abadi LNG project in the Masela Block, which is aiming for onstream operations by the end of 2029.
Freeport Indonesia smelter progress reaches 27%
PT Freeport Indonesia (PTFI) has achieved 27% progress in developing its copper smelter in Gresik, East Java, as of March 2022. The smelter is Freeport's second smelter in Gresik following the government's requirement of special mining permit (IUPK) to enable the company operate in Indonesia until 2041.