Indonesian Political, Business & Finance News

Sembawang wins $33m deal

| Source: REUTERS

Sembawang wins $33m deal

SINGAPORE (Reuters): Singapore's Sembawang Engineering and
Construction (SembEC) said yesterday it had won a US$33 million
contract to build a hydrogen peroxide plant in Aceh, Indonesia.

SembEC, the engineering and construction arm of Sembawang
Corp, said in a statement the contract was signed in
collaboration with Swedish Chematur Engineering AB and Indonesian
PT Asean Aceh Fertilizer (AAF).

AAF is a maker of urea fertilizer jointly owned by the
governments of Indonesia, Malaysia, the Philippines, Singapore
and Thailand.

The new plant, scheduled to begin production in 1999, will
have a capacity of 10,000 metric tons per year in 100 percent
concentrate and will be built on a one hectare lot besides AAF's
existing fertilizer plant, the statement said.

It said SembEC would build the plant and be responsible for
the utilities engineering and as well as the supply of
miscellaneous equipment.

About 60 percent of the plant's output would be for export and
the rest for the Indonesian domestic market, the statement said.

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