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Chemical Week Magazine :: Business & Finance :: Asia/Pacific
Showa Denko JV to Build Chemical Alumina Plant in Indonesia
9:24 AM MDT | September 3, 2010 | Deepti Ramesh
Showa Denko and mining company Antam (Jakarta) have agreed to invest $450 million to build a previously announced chemical alumina plant in West Kalimantan, Indonesia. The decision follows a joint feasibility study, Showa Denko says. Construction of the plant, which will have capacity to produce 300,000 m.t./year of chemical alumina, will begin in January 2011 and is expected to be completed by the end of 2013. Indonesia Chemical Alumina, a joint venture formed in 2007, owned 80% by Antam and 20% by Showa Denko, will operate the plant. Chemical alumina is the...
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