CREATING NEW BUSINESS MODEL TO OPTIMIZE PTBA REVENUE BY DOWNSTREAMING COAL TO CHEMICAL PLANT IN PERANAP MINE

• Main Author: Dzaky Andhika Fachroeddin - Nim:19015096 , Kemas
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/28413
• Institution: Institut Teknologi Bandung

<p align="justify">Despite its position as number one coal-based company in Indonesia in terms of amount of reserves possessed, PT Bukit Asam (PTBA) is currently ranked fourth in terms of production. The gap between production rate and amount of reserves is caused by number of mines that contains low-rank coal. The low selling price and demand in the market made low-rank coal generates only small amount of profit margin, if there is any. One of the strategy to optimize its reserves is to create a downstream processing plant from low-rank coal. PTBA now seeks the opportunity to optimize the coal in Peranap to be downstream processed into Synthetic Natural Gas (SNG). A feasibility study is conducted to identify three aspects of the downstream processing project of coal to SNG; strategic, economic, and environmental impact. The result of the study shows that the project is feasible with certain conditions. In strategic aspects, it would create a positive corporate image if PTBA succeed to run the project with following all the regulations and conforming to standards. In economic aspects, the project is feasible in the market acceptance price with certain amount of Capital expenditure and Operating expenditure found. In environmental aspects, there are several environmental issues that PTBA need to pay more attention at, with water issues being one of the major issue. <p align="justify"> <br />