BALIKPAPAN: PT Pupuk Kalimantan Timur estimates the construction of its fifth plant, called PKT V, worth IDR6.15 trillion, will absorb 3,000 labors with construction period of 33 months.Indonesias largest fertilizer producer has signed the engineering, procurement and construction (EPC) contract with PT Inti Karya Persada Teknik (IKPT)-Toyo Engineering consortium.Earlier, five consortiums were interested in the project. According to Bisnis data, they were Industrial Engineering-Samsung consortium with Uhde Germany, Industrial Engineering-Saipem Italy consortium with Hyundai Korea, Industrial Engineering-Mitsubishi Heavy Industry Japan, Triparta-Tecnimont Italy, and IKPT-Toyo Engineering.We had signed a contract with IKPT and now preparing the requirements for effective contract then continue with engineering phase, PT Pupuk Kalimantan Timur (PKT) Head of Public Relations Tedy Nawardin when confirmed by Bisnis, today.The plant construction will be conducted in 33 months with IDR6.15 trillion investments, which comes from national bank syndication led by Bank Mandiri.The project is estimated to employ 3,000 people with construction period of 33 months before its effective date [operating], Tedy said.PKT V plant will replace PKT I plant that already old and energy-intensive. Its designed to have ammoniac production capacity of 2,500 tons per day or 825,000 tons per year and urea granule 3,500 tons per day or 1.15 million tons per year.The plant, expected to operate by 2014, is considered important to support industrial revitalization program to boost national fertilizer production capacity.PKT has signed gas sales-purchase agreement of 85 million British thermal unit per day (MMBTUD) from Pearl Oils Sebuku Block and Total E&P Indonesies Mahakam block to fulfill gas necessity for PKT V plant. Such contract will be effective starting January 1, 2012. (T06/NOM)
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