31 March 2011 19:16 [Source: ICIS news]
LONDON (ICIS)--Indonesian producer PT Pupuk Kalimantan Timur (Kaltim) has awarded ?xml:namespace>
The plant will be located in Bontang, East Kalimantan, Indonesia and will have a capacity of 2,700 tonnes/day of ammonia and 3,500 tonnes/day of urea. The companies will collaborate on the engineering, procurement and construction (EPC) phases of the project on a lump-sum turnkey basis.
The contract is worth $577m (€410m) and construction is expected to take 33 months. No date for the start of construction work was provided.
News of the award concludes the bidding process which opened in September 2010 and received interest from companies around the world. This will be Kaltim’s fifth fertilizer plant in
($1 = €0.71)
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