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)
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
tops! Handover of Cluster 'The Grove' Shila at Sawangan Faster Than…
Swire Properties, A Story of World-Class Excellence and Creative…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Coming Soon: Orange Groves at PIK 2, A new Riverside Destination…
Today's Industry

Jumat, 02 Juni 2023 - 17:40 WIB
Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards
The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition.

Jumat, 02 Juni 2023 - 15:50 WIB
CleverTap launches local deployment of its SaaS platform in Indonesia
CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

Jumat, 02 Juni 2023 - 15:10 WIB
Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route
RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

Jumat, 02 Juni 2023 - 14:00 WIB
President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges
In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Jumat, 02 Juni 2023 - 13:30 WIB
President Encourages Acceleration of Electric Battery Ecosystem Development
Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…
News Comment