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Press Release

Archive by date: 11/25/2019Return

BNI Finances Ammonium Nitrate Plant

Jakarta, 26 November 2019 --- PT Bank Negara Indonesia (Persero) Tbk or BNI signed a Credit Agreement with PT Kaltim Amonium Nitrate to build an Ammonium Nitrate Plant in Bontang, East Kalimantan. The plant with a capacity of 75,000 tons per year is expected to meet the needs of major explosives needed domestically.