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Petrokimia Gresik provides status update of new facility under construction

February 15/2017

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 8.1-trillion.

Petrokimia Gresik currently has an ammonia plant with a production capacity of 445,000 t/y and a 460,000-t/y urea unit. 

PCN 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 2018.

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.
Author:Margaret Volkova
Tags:PE, butadien, neft i gazoviy kondensat, ethylene, petrochemistry, adhesives, Chandra Asri, Titan Petrokimia, Indonesia.
Category:General News
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