Bogasari's wheat import up 11%

Bogasari's wheat import up 11%

SINGAPORE (Dow Jones): PT Bogasari Flour Mills, the biggest
flour milling company in Indonesia, will import 3 million metric
tons of wheat this year, up 11 percent from last year's 2.7
million tons.

Bogasari will also produce 2.25 million tons of flour this
year, up 7.1 percent from last year's 2.1 million tons.

Bogasari's Senior Vice President Philip Purnama said the
increased imports should meet the growing demand for instant
noodles in Indonesia.

"Instant noodles have become a popular meal in Indonesia," he
said, adding that they are cheap and convenient.

Purnama said 20 percent of the company's flour output will go
to instant noodle manufacturers including Bogasari's parent
company PT Indofood Sukses Makmur.

He said more than half of the company's wheat imports will
come from Australia and the rest will be supplied by the U.S.,
Canada and India.