{
    "success": true,
    "data": {
        "id": 1206752,
        "msgid": "icis-plant-in-bontang-1447893297",
        "date": "1995-10-31 00:00:00",
        "title": "ICI's plant in Bontang",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "ICI's plant in Bontang MELBOURNE (Reuter): ICI Australia Ltd plans an A$100 million plant in Indonesia and is considering large investments in Australia, managing director Warren Haynes said. He said the company was capable of spending A$250 million a year without lifting gearing above its 30 percent limit. ICI, 62.4 percent owned by Imperial Chemical Industries Plc, had gearing, or net debt to shareholders funds plus net debt, of 5.6 percent at Sept.30.",
        "content": "<p>ICI's plant in Bontang<\/p>\n<p>MELBOURNE (Reuter): ICI Australia Ltd plans an A$100 million<br>\nplant in Indonesia and is considering large investments in<br>\nAustralia, managing director Warren Haynes said.<\/p>\n<p>He said the company was capable of spending A$250 million a<br>\nyear without lifting gearing above its 30 percent limit.<\/p>\n<p>ICI, 62.4 percent owned by Imperial Chemical Industries Plc,<br>\nhad gearing, or net debt to shareholders funds plus net debt, of<br>\n5.6 percent at Sept.30.<\/p>\n<p>\"We are working actively on several projects which would<br>\nincrease our gearing and some of them are quite sizable,\" Haynes<br>\ntold a media briefing.<\/p>\n<p>He said one project was a A$100 million ammonium nitrate plant<br>\nat Bontang on the Indonesian island of Kalimantan.<\/p>\n<p>The project is a joint venture with a private Indonesian<br>\ncompany, which he declined to name, but which would have an<br>\nunspecified minority shareholding.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/icis-plant-in-bontang-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}