Mon, 03 Aug 2009
Jakarta (ANTARA News/Asia Pulse) - Indonesia's second-largest cement maker PT Indocement Tunggal Prakarsa (JSX:INTP) will invest US$80 million this year.

Part of the funds will be used to build a cement mill now under construction in Cirebon, West Java, with a capacity of 1.5 million tons a year.

The project would be completed by the end of this year, Indocement President Daniel Lavalle said here last weekend.

The new production facility would increase the production capacity of the company, which was controlled by Germany's Heidelberger Zement Ltd, to 18.6 million tons a year, Lavalle said.



News Search/Filter
Transaction Rates
18 Aug 17
Buy
Sell
BTC1
57,708,260
57,708,260
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services