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

One of Apartments offered by Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Senin, 09 Juni 2025 - 14:22 WIB

Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Savyavasa, a luxury residential development by Swire Properties and JSI Group under PT Jantra Swarna Dipta, in collaboration with Permata Bank, presents a new solution for foreign nationals…

President Prabowo in Thailand

Rabu, 21 Mei 2025 - 10:09 WIB

Indonesia, Thailand Sign MoU on Health Sector, Focusing on Global Capacity, Collaboration

As a part of President Prabowo Subianto’s official visit to Thailand, both countries signed a Memorandum of Understanding (MoU) on health sector, in an effort to strengthen bilateral cooperation…

President Prabowo in Thailand

Rabu, 21 Mei 2025 - 10:06 WIB

Indonesia, Thailand Deepen Cooperation on Security, Trade, and Regional Stability

resident Prabowo Subianto has reaffirmed Indonesia’s strong commitment to deepening bilateral relations with Thailand during the meeting with Thailand’s Prime Minister Paetongtarn Shinawatra…

SD Darmono CEO Jababeka Group with Boediman Widjaja CEO JOE Green Group

Selasa, 20 Mei 2025 - 12:44 WIB

Boediman Widjaja's Technology Ready to be Adopted in Jababeka Industrial Estate (KIJA)

In an exclusive seminar entitled "A Great Step: Boediman Widjaja Story - Going from Indonesia, Thriving in Singapore" held at the President Lounge, Menara Batavia, Boediman Widjaja, Founder…

A total of 55 health professionals who participated in the Binawan Europe program, in the form of international career development scholarships in Austria. (Photo: The Public Relations of Binawan University)

Jumat, 02 Mei 2025 - 10:46 WIB

Binawan and Government Support Indonesian Nurses in Europe through Scholarships

In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…