MOSCOW (MRC) -- Indonesia's
Petrokimia Gresik expects to start production at its ammonia and urea facility
in December 2017, reported Apic-online
with reference to Antara News Agency.
Construction is in the
final stage of completion. The project is on schedule and "any delay in
its development would become the responsibility of the contractor," said the
report citing Widodo Heru, a company spokesman.
A consortium of Wuhuan
Engineering and Adhi Karya (Persero) earlier received the construction contract
for the project. Value of the contract is Rp
Petrokimia Gresik currently has an ammonia plant with a
production capacity of 445,000 t/y and a 460,000-t/y urea unit.
earlier reported that the project would include construction of a 660,000-t/y
ammonia and urea facility and was scheduled to begin production in
We remind that, as MRC informed before,
Indonesia's largest petrochemical producer Chandra Asri Petrochemical (CAP)
plans to invest USD6 bln in several projects from 2016 to 2021. In the first
phase of its investment plan, Chandra Asri plans to spend USD150 mln this year
alone to ramp up production capacity on a number of petrochemical products like
butadiene. Chandra Asri also plans to expand its Nafta Cracker factory in Banten
- the country's only Naphtha Cracker factory.