(Plastemart) -- T Chandra Asri Petrochemical plans to invest USD$500 mln between 2011 and 2014 for expansion to meet growing demands for polyolefin products. USD$100 mln will be allocated towards a 100,000 tpa butadiene plant in Cilegon, Banten. The plant is expected to commence operations in Q3-2013. The company has also allocated funds to enhance the capacity of its existing plants through de-bottlenecking processes.
US$362.5 mln will be allocated to increase capacity of its existing plants -US$2.5 mln to increase capacity of its polyethylene plant from 320,000 tons to 336,000 tons in 2011, and another US$60 mln to increase the capacity again to 536,000 tons in 2014. US$300 mln outlay is being planned to increase the capacity of its naphtha plant from 600,000 tons to 1 mln tons in 2014.