JAKARTA (Yosefardi) – Cement maker PT Indocement Tunggal Prakarsa Tbk (INTP) is now preparing the construction of 2 new cement mills which costs Rp5-7.5 trillion each.
One cement mill is located in Central Java and other outside of Java island, with each capacity of 2-2.5 million tons per year.
This 2 cement mills construction will be funded by the company’s internal cash, which now reaches Rp11 trillion. INTP allocates capital expenditure (capex) of Rp4-5 trillion for next year.
INTP now has 12 cement mills with total production capacity of 18.6 million tons per year.