by Yohanes Obor | Feb 11, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT BW Plantation Tbk (BWPT) plans to build new crude palm oil (CPO) mill in central Kalimantan which costs Rp90-120 billion. This new CPO mill will add CPO production of up to 45 tons per hour. The company will seek bank loan and funds from...
by Yohanes Obor | Feb 6, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT Jaya Agra Wattie (JAWA) is also studying to seek syndicated loan from state banks, partly used to fund its capital expenditure (capex) of Rp500 billion for this year. The company has decided to cancel the bond issue worth Rp300 billion...
by Yohanes Obor | Feb 5, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Cocoa producer PT Davomas Abadi Tbk (DAVO) targets its sales to grow by 35% to Rp815 billion this year, compared to Rp602 billion estimated for last year. However the company expects to book loss of Rp177 billion this year due to high cost...
by Yohanes Obor | Feb 3, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT Astra Agro Lestari Tbk (AALI) sold 166,800 tons of crude palm oil (CPO) in December 2013, up 7.1% from 155,800 tons in December 2012. For 2013 full year, AALI’s CPO sales volume reached 1.57 million tons, increased 10.8% compared to 1.42...
by Yohanes Obor | Feb 3, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – The government had approved the restructuring process of state plantation companies, PT Perkebunan Nusantara (PTPN) V and PTPN VII through the establishment of holding company. The holding company will launch the initial public offering...
by Yohanes Obor | Jan 28, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT Dharma Satya Nusantara Tbk (DSNG) produced 335,730 tons of crude palm oil (CPO) in 2013, grew by 30.7% compared to 2012’s production. Total FFB harvested also rose to 1.24 million tons for whole year of 2013, a 21.7% increase...