Sinarmas Group has recently embarked on a US$3.6 billion expansion project to build new factory in West Java province with 3.9 million tons per annum capacity. Financing details of this project yet to be released, but Indah Kiat Pulp & Paper (INKP) and its sister company Lontar Papyrus have launched Rp19 trillion perpetual bonds program.To subscribe please click here
