Article: INDONESIAN CO TO INVEST US$60 MLN IN AMMONIUM NITRATE PROJECT.

JAKARTA, March 5 Asia Pulse - Indonesian explosive basic materials producer PT Multi Nitrotama Kimia (MNK) says it will build a new factory with an annual capacity of 110,000 tons.

The new factory would be operational in 2011 and cost US$60 million, MNK President N.C. Judyono said.

The company has named a consortium of Chemical & Fertilizer Industry (CFI) Holding Pte Ltd and PT Inti Karya Persada Teknik to design and build the factory. ...

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