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

A total of 55 health professionals who participated in the Binawan Europe program, in the form of international career development scholarships in Austria. (Photo: The Public Relations of Binawan University)

Jumat, 02 Mei 2025 - 10:46 WIB

Binawan and Government Support Indonesian Nurses in Europe through Scholarships

In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…