
Gov’t Takes Over PT Tuban Petrochemical
President Joko “Jokowi” Widodo on 19 September, 2019 signed Government Regulation (PP) Number 66 of 2019 on State Capital Injection of the Republic of Indonesia to the PT Tuban Petrochemical Industries. The capital injection aims to support the development of national petrochemical industry and to improve the capital structure of PT Tuban Petrochemical Industries.