Hangyang starts construction of $181 million industrial gas project at Indonesia's Pomalaa Industrial Park
petromindo.comHangyang, a subsidiary of Hangzhou Oxygen Plant Group, has begun construction of a $181 million industrial gas project at the Indonesia Pomalaa Industrial Park (IPIP). The project will include air separation units producing oxygen and nitrogen, which are critical inputs for mineral processing and battery material manufacturing. This investment supports the growing demand for industrial gases in Indonesia's downstream nickel and EV battery supply chain. The project is part of a broader trend of Chinese companies building gas infrastructure in Indonesian industrial parks to support low-carbon industry and electrification. By localizing gas production, the project reduces logistics emissions and improves energy efficiency for downstream processors. This move aligns with Indonesia's push to decarbonize its industrial base while attracting green energy investments.
