An Asean declaration in Bangkok in 1979, a joint venture fertilizer company was established PT Asean Aceh Fertilizer (AAF) in Lhokseumawe (Aceh) to produce urea fertilizer. The factory started production in 1983, with an installed capacity of 627,000 tons a year.
The company stopped operation in 2003 after it received no more gas supply from Arun gas field operated by ExxonMobil Indonesia (EMOI). EMOI stopped gas supply after failure to reach agreement on gas price. On January 14 2006, the company began process for its liquidation after being idle for three years. The company is now under liquidation.