Barito reports fire

Barito reports fire

JAKARTA (JP): Fire has damaged one of PT Barito Pacific
Timber's wood mills on Mangole Island in Maluku, forcing its
blockboard plant to cut production by 1,000 cubic meters a month.

Barito Pacific, a publicly-listed company controlled by
Prajogo Pangestu, announced yesterday that the fire hit one of
the mills owned by PT Mangole Timber Producers on July 21.

The company expects the damaged dry-kiln equipment to be
repaired within three months so the blockboard plant can resume
normal production.

Barito Pacific said the production of plywood and other
processed wood at Mangole Timber was not affected by the fire.

The company also assured its shareholders that the cut in
blockboard production at Mangole would not affect the total
output of the Barito Pacific Group because it can be offset by
the mills owned by other Barito subsidiaries.

The Barito Pacific Group, which controls plywood and
blockboard plants in Kalimantan, South Sumatra and Maluku, is the
country's largest single producer of plywood. (04)