Established on November 21, 1995, TPPI is focused on the olefin and aromatic product industry and their derivative products. TPPI’s shareholding composition as of December 31, 2020, consisted of TubanPetro with 42.61% ownership, Pertamina with 37.65% ownership, and other parties with 19.75% ownership.
TPPI owns a refinery in Jenu District, Tuban, East Java, which has commenced commercial operation since August 1, 2006. The processing technology applied at TPPI’s refinery is the UOP licensed Aromatics Complex. TPPI’s refinery has a condensate (raw material) processing capacity of 100,000 barrels per day, producing various products with different capacities. TPPI’s refinery is currently operated under a tolling scheme with Pertamina until December 2021.
At present, TPPI is capable of producing 600,000 MTPA Paraxylene, 1,000,000 MTPA Light Naphta, 120,000 MTPA Orthoxylene, 275.000 MTPA Diesel Fuel, 300,000 MTPA Benzene, 275,000 MTP PTCF, 100,000 MTPA Toluene, 60 KBD Mogas 88 Demonstrated, 140,000 MTPA LPG, and 50 KBD Mogas 92 Demonstrated.
At present, TPPI’s capacity ramp-up is in progress through its Revamping Project, which will increase its platforming capacity from 50 kbd to 55 kbd, and its paraxylene production capacity from 600K MTPA to 780K MTPA. In 2020, the Basic Engineering Design Package (BEDP) has been completed and the construction of tanks have begun. The capacity ramp up is part of the plan to operate independently (on a non-tolling basis) and as part of the integration with the development of Olefin Plant (TPPI as aromatic complex, in accordance with its original design). With the above developments, TPPI will become an integrated petrochemical complex that produces aromatics, olefin, and polyolefin products. During the year 2020, the preparation for the construction of olefin and polyolefin product continued to be performed.