Kamis, 22 September 2016

MANUFACTURER OF STEEL INVEST US$ 350 MILLION




[CATEGORY: MINING]
   
Two steel producer are PT JFE Steel Galvanizing Indonesia (JSGI) and PT Sunrise Steel began to realize investments worth a total of US$ 350 million in order to meet the high demand of the domestic market.

President Director of PT Sunrise Steel, Henry Setiawan said the line before the first plant has a production capacity of 260,000 tons per year. On the new line, which began construction in the second half of this year will have a production capacity of 140,000 tons per year, so in 2018 Sunrise Steel will produce coated steel reached 400,000 tons per year.

"The addition of this second line requires an investment of US$ 50 million, and is part of our commitment to support the improvement of national steel production," he said.

From the data of the Ministry of Industry, this year the national steel consumption is expected to reach 16 million tons, with the need of scrap steel about 3 million tons. Meanwhile, total production in the country only 7 million tons.

Minister of Industry Airlangga Hartanto said that currently there are about 200 companies in the national steel industry upstream and downstream are active in Indonesia.

He said for JSGI plant construction is expected to contribute to the fulfillment of the domestic steel raw materials, especially cold rolled steel plate products coated (galvanized steel) to meet the needs of the production of four-wheeled vehicles.

JSGI plant which occupies an area of 17.1 hectares in the industrial area MM2100 Cikarang, Bekasi stood with an investment of US$ 300 million by the Japanese company of JFE Steel Corp.

JSGI produce steel product types galvannealed (GA) and cold wiled (CR) steel with a production capacity of 400,000 tons per year.

President Director of JFE Steel Corporation Japan Koji Kakigi claiming that the company will be the first manufacturer of steel sheets for the needs of the automotive industry in Indonesia.


All complete data can be seen at www.tender-indonesia.com
(The source of the Indonesia Oil and Gas, Mining, Electricity, Infrastrcuture, Telecommunication tender project and tender award)


1 komentar:

  1. MANUFACTURER OF STEEL INVEST US$ 350 MILLION semoga berjalan dengan lanacar ya ka
    ka ini aku mau reccomend tentang HOSTEL MURAH DI BANDUNG COCOK UNTUK BACKPACKER aku reccomed banget nih buat yang bingung cari penginapan di daerah bandung

    BalasHapus