Prepare Rp 150 Billion Fund, PT Arwana Citra Mulia Ready to Add Production Line Reaches 6 Million Square Meters per Year
By : Ridwan And Aldi Firhand. A | Monday, May 21 2018 - 21:40 IWST
![Edy Suyanto, Chief Operating Officer (CFO) of PT Arwana Citramulia Tbk. (Photo: Herlambang / Industry.co.id)](https://eagle.industry.co.id/uploads/berita/detail/3613.jpg)
Edy Suyanto, Chief Operating Officer (CFO) of PT Arwana Citramulia Tbk. (Photo: Herlambang / Industry.co.id)
INDUSTRY.co.id - Jakarta, PT Arwana Citra Mulia Tbk, is preparing to expand or add new production lines at its fourth plant located in Ogan Ilir with an additional 6 million square meters per year.
"With the completion of the expansion at the fourth factory of Ogan Ilir next year, the total capacity of Arwana will increase to 63.3 million square meters per year," said Chief Operating Officer of PT Arwana Citra Mulia Tbk, Edy Suyanto when found Industry.co.id in Jakarta, some time ago.
He added that the plan to add one new production at the fourth factory of Ogan Ilir with capex of Rp150 billion with internal fund of company and from bank loan.
"It is expected that with the addition of this new production line can meet our sales target which reached Rp1, 9 trillion," he said.
As is known, currently PT Arwana Citra Mulia has five factories, with total production capacity reaching 57.3 million square meters per year with utility rate reaching 95 percent.
According to him, the overall ceramic industry is still growing despite the slowly in the middle of the domestic property sector is also not yet moving.
"Nevertheless the opportunity for the ceramic industry does not mean it does not exist, but it all depends on innovation and carefulness to see the market gap," added Edy.
Read Also
Optimistic of Warehouse Business Outlook, VAST Acquires Warehouse…
Not to Be Missed: New Museum to Open Dec. 22 in Taiwan’s Cultural…
Real estate exemplars succeed at the 18th PropertyGuru Asia Property…
PT Patra Jasa: A Giant In The Making
Opening of the 2023 Mall to Mall Exhibition at Trans Studio Mall,…
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
![Unveiling New Opportunities](https://eagle.industry.co.id/uploads/berita/small/5778.png)
Rabu, 26 Juni 2024 - 14:52 WIB
Unveiling New Opportunities
As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.
News Comment