Indonesia's Chemical Industry Grows into Eurasian Market at INNOPROM 2026
- 11 Jul 2026 22:57 WIB
- Voice of Indonesia
RRI.CO.ID, Jakarta - Amid growing demand for global industrial collaboration, Indonesia is showcasing the strength of its chemical and pharmaceutical industries at INNOPROM 2026, the largest industrial exhibition in the Eurasian region. As the event's Official Partner Country, Indonesia is featuring six industry players representing the country's chemical value chain, ranging from specialty chemicals, fertilizers, industrial glass, flexible packaging, ceramics, and plastic recycling.
Their participation is part of Indonesia's strategy to expand export markets, attract investment, and build sustainable industrial partnerships with Russia and member states of the Eurasian Economic Union (EAEU).
Indonesia's Minister of Industry, Agus Gumiwang Kartasasmita, said the chemical and pharmaceutical sector remains one of Indonesia's strategic industries because of its vital role in adding value to the country's natural resources while strengthening industrial self-reliance.
"Indonesia has enormous potential in the chemical and pharmaceutical industries, supported by abundant raw materials, expanding production capacity, and a strong domestic market. Through INNOPROM 2026, we aim to broaden global partnerships, attract investment, and create long-term industrial collaboration that benefits both sides," Agus said on July 9, 2026.
The Chemical, Pharmaceutical, and Textile Industry (IKFT) sector continued to post strong growth, expanding 4.96 percent in the first quarter of 2026, up from 3.34 percent in the same period last year. The sector contributed 3.88 percent to Indonesia's gross domestic product (GDP), with the non-metallic mineral products subsector recording the highest growth at 9.12 percent.
International trade performance also improved. IKFT exports reached US$13.23 billion during January–March 2026, compared with US$12.77 billion a year earlier. Chemical products accounted for the largest share of exports at US$5.97 billion. Meanwhile, investment in the sector totaled Rp47.20 trillion during the first quarter of 2026, up from Rp45.57 trillion in the same period last year.
Director General of the Chemical, Pharmaceutical, and Textile Industries, Taufiek Bawazier, said the strong performance demonstrates that Indonesia's chemical industry is increasingly ready to expand internationally.
"INNOPROM 2026 provides the right platform to connect Indonesia's chemical industry with demand in the Eurasian market. We want to create more investment opportunities, strengthen supply chains, and promote sustainable industrial cooperation," he said.
Taufiek also conveyed Russia offers complementary strengths that could support Indonesia's chemical industry, including advanced petrochemical processing technology, large-scale basic chemical production, and extensive experience in research-based pharmaceutical development.
He said INNOPROM 2026 could serve as a catalyst for cooperation in value-added chemical co-manufacturing, technology transfer, pharmaceutical raw material development, and investment in Indonesia's industrial chemical parks.
Indonesia's chemical industry delegation includes PT Zeus Kimiatama Indonesia, ASAKI, PT Argha Karya Prima Industry, PT Muliaglass, PT Herba Asa Nusa, the Indonesian Plastic Recycling Association, and Pupuk Indonesia, reflecting the country's increasingly comprehensive and competitive chemical industry ecosystem.
Dara Amelia, Business Portfolio Officer at Pupuk Indonesia, welcomed Indonesia's participation in the exhibition.
"Pupuk Indonesia's participation in INNOPROM 2026 is an important opportunity to strengthen partnerships with industry players across Eurasia. We hope Indonesia's presence will lead to more concrete cooperation, particularly in fertilizer production and agricultural chemicals," she said.
Beyond serving as a promotional platform, Indonesia's participation in INNOPROM 2026 is expected to strengthen the competitiveness of its chemical and pharmaceutical industries through international partnerships. Cooperation in investment, technology transfer, and co-manufacturing is expected to enhance industrial capacity, create new jobs, and improve the resilience of Indonesia's manufacturing sector against future global challenges.
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