{
    "success": true,
    "data": {
        "id": 1372162,
        "msgid": "petrokimia-to-build-npk-plant-1447893297",
        "date": "1998-11-14 00:00:00",
        "title": "Petrokimia to build NPK plant",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Petrokimia to build NPK plant JAKARTA (JP): State-owned fertilizer producer PT Petrokimia Gresik and state plantation companies PT Perkebunan Nusantara (PTPN) II, III, IV and V are to jointly set up a nitrogen, phosphate and kalium (NPK) fertilizer plant. Company spokesman Lutfi Samsyudin said in Gresik, East Java, on Thursday that an agreement on the establishment of the fertilizer plant was signed in Jakarta last week.",
        "content": "<p>Petrokimia to build NPK plant<\/p>\n<p>JAKARTA (JP): State-owned fertilizer producer PT Petrokimia<br>\nGresik and state plantation companies PT Perkebunan Nusantara<br>\n(PTPN) II, III, IV and V are to jointly set up a nitrogen,<br>\nphosphate and kalium (NPK) fertilizer plant.<\/p>\n<p>Company spokesman Lutfi Samsyudin said in Gresik, East Java,<br>\non Thursday that an agreement on the establishment of the<br>\nfertilizer plant was signed in Jakarta last week.<\/p>\n<p>Bank Negara Indonesia, which will finance the project, also<br>\nsigned the agreement, Lutfi said, as reported by Bisnis<br>\nIndonesia.<\/p>\n<p>He declined to reveal the total investment, but said that the<br>\ndetails, including the plant's location and investment would be<br>\nformally agreed on Nov. 20.<\/p>\n<p>Lutfi said that the plant, which will have a production<br>\ncapacity of 300,000 metric tons of NPK fertilizer a year, would<br>\ninitially supply the needs of the four state plantation companies<br>\nwhich reached 60,000 tons each annually.<\/p>\n<p>He added that Indonesia currently imported NPK fertilizers<br>\nworth US$25 million a year to meet the demand from local<br>\nplantation firms. (gis)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/petrokimia-to-build-npk-plant-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}