Cement producer Indocement Tunggal Prakarsa (INTP) allocates capital expenditure (capex) of Rp1.3 trillion for this year, higher than Rp900 billion for last year. This year’s capex will be funded by internal cash, mostly used to fund the project of refuse-derived fuel (RDF) facility at Citeureup factory in West Java, the installation of electricity and revitalization of turbine at Tarjun factory in South Kalimantan, stone mine project in Pamoyanan, Bogor, and installation of bag filter in some cement mills.
To subscribe please click here