Thursday, October 19, 2006

Jui Shin Indonesia, new cement player

Indonesia's cement industry would have new player. PT Jui Shin Indonesia, a subsidiary of Taiwan-based Long Shun International Co Ltd, plans to build cement plant in Karawang, West Java.

The plant will have installed capacity of 2 million tones/year. Long Shun and its partners would invest US$165 million and will create 2,030 new jobs. Jui Shin Indonesia is involved in tile manufacturing in Medan Industrial Estate, North Sumatra, with Garuda brand. The product has entered export market as well.

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