Tuban Petro definition

Tuban Petro means P.T. Tuban Petrochemical Industries, a company incorporated under the laws of the Republic of Indonesia and owned 70% by the Indonesian Bank Restructuring Agency ("IBRA") which has been established for the settlement of Tirtmas' obligations to IBRA.
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Tuban Petro means P.T. Tuban Petrochemical Industries, a company incorporated under the laws of the Republic of Indonesia and owned 70% by the Indonesian bank Restructuring Agency ("IBRA") which has been established for the settlement of Tirtmas obligations to IBRA.
Sample 1

Examples of Tuban Petro in a sentence

  • Akuisisi ini membuat kepemilikan efektif Perusahaan atas Tuban Petro naik menjadi 53,01%.Based on Quotation of Minutes of Auction No.149/29/2020, on March 23, 2020, PT Pertamina Pedeve Indonesia acquired 7,500 shares of Tuban Petro or equal to percentage of ownership of 2.01% which previously owned by PT Silakencana Tirtalestari for Rp129,801,717,000 (full amount) (equivalent to US$7,816).

  • Is there correlation between outreach plans and the level of participation of S/DB?3.

  • Tuban Petro, as a holding company, manages its subsidiaries' activities.TPPI was established in 1995 with an original design capacity of producing 3.6 million MT per year of aromatics and refined products.

  • Results and Discussion ObjectThis study focuses on PT Tuban Petrochemical Industries (Tuban Petro) and its subsidiaries, namely PT Trans-Pacific Petrochemical Indotama (TPPI), PT Petro Oxo Nusantara (PON), and PT Polytama Propindo (PP), which are involved in restructuring and turnaround processes.

  • GMS related to the change in the composition of the shareholders of Tuban Petro was held on April 27, 2020.

  • Petrochemical Complex plan of TPPI/Tuban The plan was to construct the second petrochemical complex in Indonesia in Tuban, eastern Java, by PT Trance-Pacific Petrochemical Indotama (TPPI) and PT Tuban Petrochemical Industries (Tuban Petro), and the naphtha cracking furnaces to produce 700,000t/y (550,000 t/y initially) ethylene and 280,000t/y propylene is the core plant.

  • Akuisisi ini membuat Perusahaan memiliki 51% saham Tuban Petro, dengan pembelian saham ini, kepemilikan efektif Perusahaan atas TPPI naik menjadi 61,12%.On November 18, 2019, the Company entered into a New Share Purchase Agreement with Tuban Petro to purchase 190,372 series B shares.

  • RUPS terkait dengan perubahan komposisi pemegang saham Tuban Petro telah diselenggarakan pada tanggal 27 April 2020.

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