Kobexindo to build cement plant in Kutai
PT Kobexindo Limestone and Wynford Finance Limited---a BVI company---will build a 2.5 million t/y cement plant in the rich East Kutai, East Kalimantan province.
Both companies set up a joint venture called PT Kobexindo Cement with planned investment of US$128.5 million.
Kobexindo Limestone is a company under the Kobexindo Group, one of the big player in heavy equipments supplier for coal mining and plantation companies with annual sales of around US$50 million.
Kobexindo Limestone is also registered as a coal mining company with 16,000 hectare of concession area in East Kutai. The company's president is Mr VS Humas Soputro.
No information available on Wynford for the time being.
Both companies set up a joint venture called PT Kobexindo Cement with planned investment of US$128.5 million.
Kobexindo Limestone is a company under the Kobexindo Group, one of the big player in heavy equipments supplier for coal mining and plantation companies with annual sales of around US$50 million.
Kobexindo Limestone is also registered as a coal mining company with 16,000 hectare of concession area in East Kutai. The company's president is Mr VS Humas Soputro.
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1 Comments:
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