Sawit Sumbermas Sarana Will Build CPO Plant in Kalimantan

By : Hariyanto And Aldo Bella Putra | Wednesday, January 03 2018 - 22:00 IWST

PT Sawit Sumbermas Sarana Tbk (SSMS)
PT Sawit Sumbermas Sarana Tbk (SSMS)

INDUSTRY.co.id - Jakarta - PT Sawit Sumbermas Sarana Tbk (SSMS) plans to build a Crude Palm Oil (CPO) factory in Kalimantan. Funds needed to build the plant is about Rp205 billion.

"This year, the company is preparing a capital expenditure (Capex) of US $ 20 million or approximately Rp270 billion," said Nicholas Whittle, Director of Finance at Nias Resources Wholesale, told reporters in Jakarta on Tuesday (2/1/2018).

The investment spent to build a factory, according to Nicholas, reached US $ 15 million or Rp202.5 billion. The plant's investment is also financed by capital expenditure in 2019.

"The plan to build the plant will be done in the first quarter of 2018. Construction of the plant will take up to 14 months," he said.

He said that the two new factories will increase the company's CPO production capacity. Currently, the company has been able to produce CPO reaching 375 metric tons (MT) per hour.

"In 2020 our CPO oil production capacity is 525 MT per hour. The Company has six palm oil factories located in Kalimantan, in addition, the company has one palm kernel factory in Pangkalan Bun, Central Kalimantan," Nicholas said.

News Comment

Today's Industry

Pirelli Tires

Sabtu, 20 Januari 2018 - 23:22 WIB

Astra Otoparts Cooperates with Pirelli to Launch Underbone Motorcycle Tire

PT Astra Otoparts Tbk (AUTO) through PT Evoluzione Tires in collaboration with Pirelli Tyre S.p.A presents Ban Diablo Rosso Corsa II specially designed for underbone motorcycles officially launched…

Minister of transportation Budi Karya Sumadi

Sabtu, 20 Januari 2018 - 23:17 WIB

RI-Japan Agree on Port of Patimban Subang Settlement Next Year

Indonesia and Japan agreed to the completion of the Patimban Port project in Subang, West Java, which is targeted to be completed next year.

Minister of Transportation Budi Karya Sumadi reviewed the LRT project

Sabtu, 20 Januari 2018 - 22:55 WIB

Six Indonesian-Japanese Infrastructure Industries Work Accelerated

Japan accelerated the completion of six major infrastructure projects in Indonesia as agreed by President Joko Widodo and Japanese Prime Minister Shinzo Abe.

PT Indonesia Asahan Alumunium (Inalum)

Sabtu, 20 Januari 2018 - 22:50 WIB

Inalum Targets Smelter Alumina Project Start Producing By 2021

PT Inalum (Persero) targets a smelter alumina project with Antam Tbk (ANTM) and Chalco to produce in 2021, following construction scheduled to begin in the second half of next year.

Menhub Budi Karya Sumadi (humas kemenhub)

Sabtu, 20 Januari 2018 - 22:45 WIB

Fast Train Technologies Jakarta-Surabaya Has Been Determined

The choice of (semi) fast Jakarta-Surabaya train technology has been conical to be determined but still requires more detailed study, said Transportation Minister Budi Karya Sumadi.