PT Styrindo Mono Indonesia
Our Business > Petrochemical > PT Styrindo Mono Indonesia
Located not far from where the Chandra Asri Petrochemical (CAP) Plant is situated, PT Styrindo Mono Indonesia (SMI) is strong niche player in Indonesia’s relatively young petrochemicals industry.
Established in 1992, SMI is Indonesia’s only manufacturer of styrene monomer, a raw material for downstream industries manufacturing PS (Polystyrene),EPS (Expanded Polystyrene),SAN (Styrene Acrylonitrile), ABS (Acrylonitrile Butadiene Styrene), SBR (Styrene Butadiene Rubber), SBL (Styrene Butadiene Latex) and UPR (Unsaturated Polyester Resin).
SMI maintains a market share of approximately 80% of the domestic market for styrene monomers and is a key player in export markets of China and Southeast Asia. The company plays an important role in Barito Pacific’s goal to become a fully integrated resource based company.
To produce its styrene monomers, SMI uses ethylene as the main raw materials. Approximately 60% of its raw material is supplied from CAP. Current SMI installed capacity is 340,000 MTPA of Styrene Monomerand 6,200 MTPA of Toluen. In the coming years it expects to expand production to include Ethylene and Benzene. CAP acquired 99.99% ownership stake in PT Styrindo Mono Indonesia in April 2007 .
