Fertilizer firms to build new plants<\/p>\n
JAKARTA (JP): State-owned fertilizer producers PT Pupuk
\nIskandar Muda (PIM), PT Pupuk Kalimantan Timur (Kaltim) and PT
\nPupuk Kujang will build three new plants worth US$924.7 million
\nto increase domestic production of urea.<\/p>\n
The plants are PIM 2, which will cost $308.1 million; Kaltim 4
\n($312 million) and Kujang 1B ($304.6 million), Antara reported.<\/p>\n
Of the total investment, $477.47 million will be derived from
\nexport credits, and the remainder from the companies' own capital
\nand other commercial loans.<\/p>\n
The plants are scheduled to be completed by 2002, with total
\ncombined production capacity of 1.8 million metric tons a year.<\/p>\n
With the additional production, national annual urea
\nproduction capacity will total 8 million tons by 2002.<\/p>\n
After its new plant operates, PIM in Aceh is estimated to have
\na total production capacity of 1.2 million tons a year and
\n720,000 tons a year of amonia.<\/p>\n
Kaltim will be able to produce 2.95 million tons of urea a
\nyear and 1.75 million tons of ammonia a year.<\/p>\n
Pupuk Kujang's production of urea will remain at 570,000 tons
\na year and its production of ammonia at 330,000 tons year because
\nthe new manufacturing plant will replace the current one.<\/p>\n
PIM 2 plant will be constructed by PT Rekayasa Industry and
\nJapan's Toyo Engineering Corporation, Kaltim 4 by PT Rekayasa
\nIndustry and Japan's Mitsubishi Heavy Industry Ltd, and Kujang 1B
\nby Toyo Engineering Corporation. (das)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/fertilizer-firms-to-build-new-plants-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
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