Friday, April 29, 2011

INDONESIA: Holcim to build 3 silos to meet Sumatra demand

Cement producer PT Holcim Indonesia has announced plans to build three silos worth a total of US$8 million, to support its cement supply to Sumatra.

“We will build the silos in Batam, Dumai and Belawan,” Holcim president director Easmon Ginley said as quoted by kontan.co.id on Monday, referring to cities in Sumatra.

Ginley added that each silo would have a capacity to store up to 2,000 tons of cement.

The construction of the three silos is targeted to be complete by the end of the year, he said.

Holcim, which is a publicly listed company, decided to build the three silos in Sumatra to cater to the increasing cement demand in the region.

“During the first quarter of this year alone demand from Sumatra increased 23 percent,” Ginley said.

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