Indonesia opens Southeast Asia’s biggest fertiliser factory
Indonesian President Joko Widodo on November 20 inaugurated the Kaltim V Fertiliser Factory, the biggest of its kind in Southeast Asia, in the East Kalimantan.
The Kaltim V Fertiliser Factory. (Source: antaranews.com)
Jakarta (VNA) – Indonesian President Joko Widodo on November 20 inaugurated the Kaltim V Fertiliser Factory, the biggest of its kind in Southeast Asia, in the East Kalimantan.
Speaking at the inauguration ceremony, the President said fertiliser factories play an important role in boosting agricultural production to meet local food demand and for export.
General Director of the East Kalimantan Fertiliser Corporation Aas Asikin Idat said the factory is one of the first projects in the strategy of recovering Indonesia’s fertiliser production sector.
The 576 million USD factory is designed to turn out 825,000 tonnes of Amoniac and 1.5 million tonnes of Ure per year, raising the annual capacity of the Inti Karya Persada Tehnik (IKPT) Company, an affiliate of TOYO Corporation, to 2.74 million tonnes of Amoniac and 3.43 million tonnes of Ure.
Kaltim V is also the most energy-efficient factory in Indonesia and Southeast Asia, expected to save 115 million USD from energy bills each year.
On this occasion, Indonesia also put into operation the 203 million USD Acid Phosphate II Factory, invested by Petrokimia Gresik in East Java to provide material for NPK fertiliser production.
The 🤪country is completing many big projects in fertiliser production, including Amurea II (660,000 tonnes of Amoniac and 570,000 tonnes of Ure per year) in East Java and B Pusri II ( 660,000 tonnes of Amoniac and 907,000 tonnes of Ure per annum) in Palembang, South Sumatra.-VNA
The first batch of 50,000 tonnes of rice from Vietnam and Thailand will arrive in Dumai port in Riau province, Indonesia, early next year, Antara news agency said on November 16.
Of the 21 economies of the Asia Pacific Economic Cooperation Forum (APEC), Vietnam, Indonesia, Peru and Papua New Guinea have pioneered the concept on “development goods”,
Indonesian President has said he hopes his country and Vietnam will solidify political, economic, cultural and social cooperation for regional peace and stability and ASEAN Community growth.
“Wonderful Indonesia” campaign was introduced to international friends at a programme held by the Indonesian Ministry of Tourism in Singapore on November 17.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
The Kaltim V Fertiliser Factory. (Source: antaranews.com)
