Friday, 26 May 2023 05:50

Chemical Industry Plays Crucial Role in National Development, Says Ministry of Industry

The Indonesian government recognizes the vital role of the chemical industry in national development, particularly in supporting downstream sectors and ensuring a stable supply of raw materials. The Ministry of Industry is committed to strengthening the chemical industry's capacity and performance to meet industrial demands effectively. The chemical industry has a significant contribution to the country's GDP, and its strategic importance influences government policies, especially in the economic domain. PT Nippon Shokubai Indonesia (NSI) stands out as the sole producer of acrylic acid, acrylic esters, and superabsorbent polymers (SAP) in Indonesia and Southeast Asia. Their investment expansion in acrylic acid production not only enhances the domestic supply chain but also positions Indonesia for potential export opportunities. The Ministry of Industry appreciates NSI's investment and remains dedicated to fostering a favorable business climate that promotes sustainable growth and strengthens Indonesia's economic resilience.

Source:
https://ekonomi.republika.co.id/berita/rv64ac490/kemenperin-industri-kimia-berperan-penting-dalam-pembangunan-nasional

 

 

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