Asahimas investing $167m in new glass plant

JAKARTA (TheInsiderStories) – PT Asahimas Flat Glass Indonesia Tbk has started the construction of its new glass plant in Cikampek, West Java with total investment of US$167 million or around Rp2.2 trillion. The development of new plant is aimed at meeting growing demand for glass products in the country. The new plant will have capacity to produce 720,00 tons of glass per annum, higher than its existing plant in Ancol, Jakarta, amounting to 630,000 tons per annum. The company said it will slowly moving its glass plants to Cikampek. (*)