INDONESIA: Industry minister inaugurates Indonesia's first butadiene plant

"The plant's production capacity is 100,000 tons a year,” the ministry's press release stated as quoted by kompas.com.

The plant is part of publicly listed petrochemicals producer PT Chandra Asri Petrochemical (CAP) and will be managed by the company's subsidiary PT Petrokimia Butadiene Indonesia.

Butadiene is a material for production of synthetic rubber that is usually used to make tires and other automotive components.

CAP has spent USD 145 million (Rp 1.34 trillion) to build the plant, which is set to begin operations next year.Source: Daily "The Jakarta Post", Jakarta; 18 Jan 2012(Syed Rashid Ali, Karachi, Pakistan)