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Honeywell to conduct feasibility study for five of Indonesia's Pertamina refineries

11:34 AM MDT | October 9, 2013 | Francinia Protti-Alvarez

Honeywell (Des Plaines, IL) will help PT Pertamina (Persero; Jakarta), develop a master plan to modernize the state-owned company’s refineries, Honeywell announced. Honeywell will prepare a “bankable feasibility study,” for the modernization of Pertamina’s five largest refineries, an effort partially funded by a $1.07 million grant from the US Trade and Development Agency (USTDA), the company says. The project was announced at a signing ceremony at Pertamina’s headquarters in Jakarta. The refineries to be studied are Balikpapan, East...

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