TBS Production Increases, Austindo Nusantara Jaya Will Build Factory in Papua
By : Hariyanto And Aldo Bella Putra | Thursday, January 04 2018 - 22:30 IWST
INDUSTRY.co.id - Jakarta - PT Austindo Nusantara Jaya Tbk (ANJT) will establish a palm oil mill and palm kernel plant in West Papua with an estimated investment of US $ 21.3 million this year.
Director of PT Austindo Nusantara Jaya Tbk, Geetha Govindan said this is done because the productions of Fruit Bunch Fresh (TBS) core companies continue to increase.
"As of September 2016 it only reached 471,972 tons, until September 2017 it increased to 515,263 tons, this increase has not counted the increase of FFB production from third parties," Geetha told reporters in Jakarta on Thursday (4/1/2018).
Geetha added that in the future, the company is also building a frozen edamame processing with an estimated value of US $ 6.4 million in Jember, East Java.
In addition, the company engaged in oil palm plantation will also be a planter with an area of about 3000 ha in Papua.
"We plan to plant a new area of 3000 ha in Papua and 1000 ha in the West," said Geetha.