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

Wellington College Independent School Jakarta (WCIJ)

Senin, 29 April 2024 - 05:02 WIB

One of the UK’s Most Established Schools Chooses Jakarta for Their Latest Opening

Wellington College Independent School Jakarta (WCIJ) is thrilled to announce its grand opening in September 2024! As the first private UK school to open in Indonesia, WCIJ, a pioneering co-educational…

Presiden Jokowi

Selasa, 23 April 2024 - 10:29 WIB

President Jokowi Reaffirms Commitment to Farmers’ Welfare

President Joko “Jokowi” Widodo on Monday (04/22) inspected corn harvest in Boalemo regency, Gorontalo province. “Our corn import has decreased significantly from 3.5 million tonnes to…

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…