Cirebon-based new cement mill completed
Indonesia’s second largest cement producer, Indocement Tunggal Prakarsa, said it had its new cement mill with capacity of 1.5mn tons in Cirebon, West Java, completed. It may operate the mill on August or at the latest after Aidil Fitri holidays. The company may also plan to start building a new cement plant on 2H10, local newspaper reported. Indocement may allocate US$75mn for capital expenditure in 2010, the report said citing the company’s Corporate Secretary Dani Handajani. – Bisnis Indonesia, Investor Daily
Indonesia’s second largest cement producer, Indocement Tunggal Prakarsa, said it had its new cement mill with capacity of 1.5mn tons in Cirebon, West Java, completed. It may operate the mill on August or at the latest after Aidil Fitri holidays. The company may also plan to start building a new cement plant on 2H10, local newspaper reported. Indocement may allocate US$75mn for capital expenditure in 2010, the report said citing the company’s Corporate Secretary Dani Handajani. – Bisnis Indonesia, Investor Daily
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