Bentoel to boost cigarette production by 25 percent<\/p>\n
JAKARTA (JP): Publicly listed PT Bentoel International
\nInvestama Tbk plans to increase its cigarette production by 25
\npercent to 10 billion cigarettes this year from 8 billion last
\nyear, a senior executive announced on Friday.<\/p>\n
Bentoe's newly appointed finance director Henryanto Komala
\nsaid on Friday that the higher production projection was made to
\nmeet the growing demand for its low tar and low nicotine
\ncigarettes.<\/p>\n
Two cigarette subsidiaries in Malang, PT Bentoel Prima and PT
\nLestariputra Wirasejati had started to raise their daily
\nproduction of their clove-blended cigarettes, he announced after
\nthe company's extraordinary shareholders meeting.<\/p>\n
PT Bentoel Prima produces Bentoel Mild, Bentoel Biru and
\nBentoel Merah cigarettes, while PT Lestariputra Wirasejati
\nproduces Star Mild and Prinsip cigarettes.<\/p>\n
Henry said that last year, mild cigarettes contributed about
\n65 percent to the company's total revenue, although the earnings
\nhad yet to be announced.<\/p>\n
He added that 90 percent of its total cigarette production
\nwere sold locally, while the remaining 10 percent were exported,
\nmainly to the U.S. and Europe.<\/p>\n
In the meeting, the company's shareholders agreed to change
\nthe composition of the executive board and the board of
\ncommissioners.<\/p>\n
The new board of commissioners is led by Maurad Sofyan Arifin
\nas the chief commissioner, with two members Harianto Mangkusasono
\nand Frans Setiawan Widjaja replacing Robert Clive Appleby.<\/p>\n
Yaya Winarno Junardy was named as the new president, replacing
\nHenryanto Komala, Darjoto Setyawan as new vice president who has
\ntaken over the post from Roekmana Prawirasastra.<\/p>\n
Henryanto was installed as the new finance director who
\nreplaces Yusuf Rahmadi, while Sun Alexander Yapeter occupies the
\nmarketing director position and Thedorus Sunarlin is production
\ndirector. The last two are new positions in the company. (05)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/bentoel-to-boost-cigarette-production-by-25-percent-1447893297",
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