Indocement aims to produce 25 mln tons per year

Kotabaru, S Kalimantan (ANTARA News) - Cement maker PT Indocement Tunggal Prakarsa Tbk has set its production target for 2016-2017 at 25 million tons to meet growing domestic demand.

The company`s production currently stood at 18.6 million tons and would be raised by 7 million tons to 25 million tons in 2016-2017, Indocement Corporate Secretary Sahat Panggabean said on Saturday.

The addition of 7 million tons would among others come from a new plant in Cirebon, West Java. The construction of the plant with a production capacity of 1.5 million tons per year was underway, he said.

"The remaining 5.5 million tons will be produced by the company`s two plants to be built in Central Java. The two plants will have a production capacity of 2.5 million tons and 3 million tons each," he said.

Built in 2010 the new plant in Cirebon was making preparations for trial production, he said.

The two plants in Central Java would be built in 2016 and 2017, he said.

He said Indocement`s sales in the first half of 2011 reached 7.1 million tons, a 14.1 percent increase compared to 6.3 million tons in the same period last year.

Indocement held a 31.1 percent share of the domestic cement market in the first semester of 2011 compared to 31.2 percent in the same period last year.

He attributed the increase in cement sales to the increasing number of development projects particularly in Java.

(SYS/S012/H-YH)

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