Abstract
Mitsubishi Gas Chemical will acquire a stake in an $830 million ammonia plant that Mitsubishi Corp. and the Indonesian firm Panca Amara Utama are building in Indonesia. The 700,000-metric-ton-per-year plant is scheduled to come on-line in 2017. A consortium of banks led by International Finance Corp.—a subsidiary of the World Bank—agreed to loan $500 million to the project in 2014. Although Mitsubishi Gas stopped producing ammonia in 2015, it still sells the compound to customers; participation in the project will help it to secure a supply source.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
