Indonesia’s second-biggest cement producer Indocement Tunggal Prakarsa (INTP) will start operating its new cement terminal in Palembang (South Sumatra) in the first quarter of 2018. This terminal will strengthen the company’s sales of bulk cement on the island of Sumatra, the second-largest cement consumer in Indonesia.
Antonius Marcos, INTP’s Corporate Secretary, said construction of the company’s new cement terminal in Palembang is now in the final stage and therefore project commissioning is scheduled for March 2018. Barring any unforeseen problem, the new terminal can start contributing to Indocement’s earnings from March onward.
When completed the new terminal will have a capacity to handle 1 million tons of cement per year. With this terminal, INTP can now tap the bulk cement market on Sumatra and this will significantly contribute to the company’s earnings, Marcos said.
