Thursday, March 16, 2006

Mulyakarya to build cement plant in Langkat, North Sumatra

PT Mulyakarya Jayaco, a local company, had secured approval from Investment Coordinating Board (BKPM) to build a 1.5 million tones per yer cement plant in Langkat, North Sumatra province. The project's cost would be Rp2.23 trillion (US$245 million).
It is not clear who owns Mulyakarya. But the company is listed as a member of plywood producers association.
France-based cement giant LaFarge once planned to build a 1.4 million t/y cement plant in Langkat back in 1997.

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