PLN Purchases Electricity from IndoramaSeptember 6th, 2007
PT PLN Distribusi Jawa Barat & Banten (DJBB) has entered into a contract with PT Indorama Synthetics to purchase surplus electricity.
The agreement was signed by Mr Murtaqi Syamsuddin, GM, PLN DJBB and Mr Amit Lohia, Vice President and Director, Indorama on 5 September 2007.
The period of the contract would be six month...
Indorama Allocates US$ 75 million for Expansion in IndonesiaJune 13th, 2007
PT Indorama Synthetics will invest US$ 75 million during 2007-2008 towards expansion and modernisation of its yarn manufacturing facility in Indonesia.
The capacity expansion project would start from this year and the commercial production is expected by year 2008.
"The investment of US$ 75 million has already started this ...
Indorama plans Major Expansion in Spun Yarns at its Indonesian FacilityJanuary 2nd, 2007
PT Indorama Synthetics Tbk, the flagship company of the Indonesia based Indorama Group has embarked upon a major expansion and modernisation program for its existing spun yarn facility, located at Purwakarta, Indonesia.
The Group is in this business for more than 30 years with strong presence in the domestic and international markets....
Indorama announces Investment in Captive Power Generation PlantOctober 1st, 2004
PT Indorama Synthetics Tbk is planning to meet its electricity requirement by setting up a Captive Power plant at its principal manufacturing facility located at Purwakarta, Indonesia.
The management has taken initiative amid possibilities of further rise in power tariffs due to removal of all subsidies on fuel and decided to invest i...