Engineering firm set up

JAKARTA (JP): PT Tirtamas Majutama, a diversified business group controlled by Hashim Djojohadikusumo, has formed a joint venture with Onoda Engineering Co., Ltd., a subsidiary of Chicibu Onoda Corporation, Japan's largest cement producer.

The new company, to be known as PT Tirtamas Onoda Engineering, will commence business with an authorized capital US$2 million, a company statement said here yesterday.

The joint venture company will offer a full range of engineering services to the fast expanding cement and building materials sector in Indonesia and in other Asia-Pacific countries.

The company will offer such services as feasibility studies for new plants, design and layout preparations for plants, tender documents, audits of existing plants to reduce power and fuel consumption, supervisory services and environmental control studies.

Tirtamas Onoda will offer special cement plant equipment for the production of clinker, fuel consumption and equipment to grind higher quality cement.(04)