JAKARTA (Yosefardi) – Pulp and paper producer PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) injected Rp305.47 billion to its unit PT Oki Pulp & Paper Mills.
So far, TKIM has injected Rp1.08 trillion in total to Oki. TKIM plans to boost Oki’s paid-up capital to US$407 million by 2016.
Oki has build pulp mill with capacity of 2 million tons per year in Air Sugihan, Ogan Komering Ilir, South Sumatera.
TKIM booked net profit of US$18.94 million in third quarter of 2014 on sales of US$923.2 million.