Indonesian state fertilizer company acquires Mitsui & Co. ammonia plant

10:05 AM | May 9, 2014 | Francinia Protti-Alvarez

State-owned Pupuk Kalimantan Timur (PKT; Bontang, Indonesia) says it has acquired Kaltim Pacific Ammonia's (KPA; Bontang) ammonia plant at Bontang for about $109 million. KPA was a 75-25 joint venture...