Pusri allocates Rp 24t to build 4 fertilizer factories
The Jakarta Post | Thu, 01/05/2012 10:13 AM
State-owned fertilizer company PT Pupuk Sriwijaya (Pusri) plans to build four new factories worth Rp 24 trillion to increase its fertilizer production.
The new factories were expected to begin operating in 2015, the company’s president director Arifin Tasrif said Wednesday night as reported by kontan.co.id.
Two of the four factories, which will each have the capacity to produce one ton of urea per year each, will be located on land belonging to PT Pupuk Kujang in Bojonegoro and PT Petrokimia in Gresik, respectively, both of which are based in East Java. They have signed an agreement with Mobil Cepu to receive gas supplies as Pusri will need 170 million standard cubic feet per day (mmscfd) of gas to operate the factories.