20 JANUARY 2014AlCircle.com
PT Inalum announces its plans to increase aluminum production
Edited by : AL CIRCLE
1 min read
S.S. Sijabat, the president director of PT Indonesia Asahan Aluminium (Inalum) announces the plans of the company to increase its total aluminium production in various stages, from their present production that is around 260,000 tons. It plans to produce 650,000 tons of aluminum per year.
"All of the management and employees have been resolved to implement corporate strategic plans in the next five to ten years by increasing production, diversifying products," he said at a conference with local media leaders of the country. Sijabat feels there has not been any improvement in aluminum’s price and they had expected this condition will still remain until this year’s second quarter.
Japanese investors were the major shareholders of PT Inalum. Finally, the Indonesian government took over the company on Dec 19 after long negotiations with them.
"All of the management and employees have been resolved to implement corporate strategic plans in the next five to ten years by increasing production, diversifying products," he said at a conference with local media leaders of the country. Sijabat feels there has not been any improvement in aluminum’s price and they had expected this condition will still remain until this year’s second quarter.
Japanese investors were the major shareholders of PT Inalum. Finally, the Indonesian government took over the company on Dec 19 after long negotiations with them.
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