24 SEPTEMBER 2013www.thejakartaglobe.com
Antam’s Tayam Plant on track to open by late October
Edited by : AL CIRCLE
2 min read
Antam’s $490 million chemical-grade aluminum plant in Tayan, West Kalimantan, is nearly complete. The state miner expects to start operating the plant at the end of October, on track with its original target.
The Jakarta-based Antam said in a statement on Wednesday that as of the end of August, the engineering, procurement and construction work at the plant was 97 percent complete.
“Our team is currently focusing on preparing to commence the commissioning of the Tayan CGA plant by the end of October 2013,” Antam president director Tato Miraza said.
By building the plant, Antam is putting itself in a position to increase profits through the development of downstream value-added projects, Tato added.
Antam aims to use the plant to add value to its 473.8 million wet metric tons (wmt) of bauxite reserves.
Indonesia Chemical Alumina, a joint venture between Antam and Japanese chemical engineering firm Showa Denko, has been constructing the Tayan plant since June 2011. Antam owns an 80 percent stake in the venture and Showa Denko controls the remainder.
The project was financed by funds from the shareholders and loans from the Japan Bank for International Cooperation (JBIC) and a consortium of other Japanese banks.
State builder Wijaya Karya, local boiler and steam specialist Nusantara Energi Abadi (Nusea) and Japanese builder Tsukishima Kikai were selected to construct the plant.
The plant will process up to 300,000 tons of CGA per annum from bauxite. The end product will be marketed to both local and export markets.
Chemical-grade aluminum, or CGA, refers to aluminum hydroxide that is used for applications other than for smelting.
The material is essential in the making of various products such as electronic parts, building materials, abrasives, refractories, integrated circuit packaging and materials for liquid crystal display glass.
Antam is also working on another project to add value to its bauxite reserves. The company is reviewing and doing a feasibility study for a possible smelter-grade alumina (SGA) plant in Mempawah, West Kalimantan.
The project cost is still being reviewed, but the production capacity is already set at 1.2 million metric tons. The plant, which will produce smelter- or metallurgical-grade alumina, is estimated to be completed in 2017.
The Jakarta-based Antam said in a statement on Wednesday that as of the end of August, the engineering, procurement and construction work at the plant was 97 percent complete.
“Our team is currently focusing on preparing to commence the commissioning of the Tayan CGA plant by the end of October 2013,” Antam president director Tato Miraza said.
By building the plant, Antam is putting itself in a position to increase profits through the development of downstream value-added projects, Tato added.
Antam aims to use the plant to add value to its 473.8 million wet metric tons (wmt) of bauxite reserves.
Indonesia Chemical Alumina, a joint venture between Antam and Japanese chemical engineering firm Showa Denko, has been constructing the Tayan plant since June 2011. Antam owns an 80 percent stake in the venture and Showa Denko controls the remainder.
The project was financed by funds from the shareholders and loans from the Japan Bank for International Cooperation (JBIC) and a consortium of other Japanese banks.
State builder Wijaya Karya, local boiler and steam specialist Nusantara Energi Abadi (Nusea) and Japanese builder Tsukishima Kikai were selected to construct the plant.
The plant will process up to 300,000 tons of CGA per annum from bauxite. The end product will be marketed to both local and export markets.
Chemical-grade aluminum, or CGA, refers to aluminum hydroxide that is used for applications other than for smelting.
The material is essential in the making of various products such as electronic parts, building materials, abrasives, refractories, integrated circuit packaging and materials for liquid crystal display glass.
Antam is also working on another project to add value to its bauxite reserves. The company is reviewing and doing a feasibility study for a possible smelter-grade alumina (SGA) plant in Mempawah, West Kalimantan.
The project cost is still being reviewed, but the production capacity is already set at 1.2 million metric tons. The plant, which will produce smelter- or metallurgical-grade alumina, is estimated to be completed in 2017.
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