TBS Production Increases, Austindo Nusantara Jaya Will Build Factory in Papua

By : Hariyanto And Aldo Bella Putra | Thursday, January 04 2018 - 22:30 IWST

kelapa sawit
kelapa sawit

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.

News Comment

Today's Industry

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Jumat, 02 Desember 2022 - 22:48 WIB

Lockup Sentiment Only Temporarily, GOTO Owns Chance to Rebound

Shares of PT Goto Gojek Tokopedia Tbk (GOTO), which experienced selling pressure after end of the lock up period on November 30, 2022, are considered by a number of market participants to provide…

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Rabu, 30 November 2022 - 19:35 WIB

GoPay's Dominance Drives Consistency in GOTO's Financial Business Segment Growth

The financial services business segment, namely GoTo Financial owned by PT GoTo Gojek Tokopedia Tbk (GOTO), recorded impressive business growth consistency. This is reflected in GoPay's dominance…

The President Director of PT Honeywell Indonesia, Roy Kosashi, clarified many kind of leading technology for Indonesia’s New Capital City, in Jakarta on Tuesday (29/11/2022). (Photo: PT Honeywell Indonesia)

Rabu, 30 November 2022 - 19:28 WIB

Honeywell Ready to Support Indonesia’s New Capital City with Sustainability Technologies and Solutions

Honeywell announced today that it is Ready Now to support the Nusantara Capital Authority (OIKN) in realizing their goal of making a sustainable and smart forest city. OIKN is the government…

Gibu Mathew, Vice President and General Manager in Asia-Pacific (APAC) in Zoho Corp. (special)

Rabu, 30 November 2022 - 11:22 WIB

How to Make SaaS Work for Small and Medium-Sized Businesses

Southeast Asia's digital transformation has been impressive as the region is now poised to reach a projected digital economy worth USD360 billion by 2025. With digitalisation, the region bore…

PT Dharma Polimetal ("Dharma Group") Triputra Group automotive component manufacturing company.

Senin, 28 November 2022 - 12:15 WIB

DRMA Remains Optimistic 2023 Automotive Still Rises, Targets Sales Up 20%

PT Dharma Polimetal Tbk (“DRMA”), a listed company engaged in automotive component manufacturing business sees the prospects for the automotive business in 2023 will still remain promising.…