Sunday, November 12, 2006

Asahimas cold repair

PT Asahimas Flat Glass Tbk, South East Asia's largest flat glass producer, will repair one of its furnices to improve the productivity with US$9.5 million investment.

Asahi Glass Co, the owner of 43.85% shares in Asahimas, will handle the cold repair project that would boost the furnice (unit 4, located in Jakarta) utilization to 95% of installed capacity (150,000 t/y).
In the last five years, the plant's average output was only 70.8% of its installed capacity. The repair project would cost Asahimas a 90-days of shutdown at Furnice-4 to be started in April 2007.
Indonesian Rodamas Group is the second largest shareholder of Asahimas at 40.65% and the remaining shares held by public investors (15.5%).
Asahimas operates four furnices in Sidoarjo, East Java (two) and Jakarta (two) with combined capacity of 570,000 t/y. Asahimas performed similar cold repair on Sidoarjo furnice three years ago.



Post a Comment

<< Home