Indocement plans to build new cement factory in Citeureup.
PT Indocement Tunggal Prakarsa Tbk (INTP), the country's second largest cement producer, plans to build a new cement factory in its complex in Citeureup, Bogor, with a production capacity of 4.4 million tons per year. The plan is to meet growing demand for cement in the country. In addition, the company is studying plan to build two other new cement factories in other places with an annual production capacity of 2 million-2.5 million tons each. One of the factories is to be built in Java and the other outside Java. Meanwhile, Indocement is building a new cement mill with a capacity of 1.9 million tons per year in Citeureup. Implementation of the projects would increase the production capacity of Indocement to 20.6 million tons and in long term it hopes to expand its capacity to 29 million-30 million tons in 2015.
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|Title Annotation:||Corporate News in Brief|
|Publication:||Indonesian Commercial Newsletter|
|Date:||Jan 1, 2012|
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