Korean partner for Timah's tin chemicals plant
Indonesia’s state-controlled tin company PT Timah and the South Korean company H&H Global Resource Co Ltd have signed a memorandum of understanding to build a large tin chemicals plant on Bangka island, the Antara news agency reported. Timah has recently started up its first tin chemicals plant at Cilegon, Java and is investing further in in-house tin tetrachloride production to feed this operation.
"We are now waiting for the results of a feasibility study which is expected to be completed in six months` time”, PT Timah President Director Wachid Usman said. “Afterwards, we will conduct a study on the development of industrial estate and products." It will take one year to build the plant after the feasibility study had been completed. "The tin chemical products will be marketed at home and abroad," he said.