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State-owned plantation company PTPN II plans to expand the production capacity of its CPO mills in North Sumatra and Papua, company Finance Director Nur Ali Dahbul said.
Jakarta-listed confectionery maker PT Mayora Indah plans to increase the production capacity of its cocoa unit to help ensure supply of raw material for its chocolate-based products.
Jakarta-listed palm oil firm PT BW Plantation said that its net profit in the first quarter of this year increased by 52 percent to Rp 82.25 billion.
Jakarta-listed vermicelli maker PT Tiga Pilar Sejahtera Food (TPS Food) will allocate US$50 million this year to finance oil palm planting program on a combined 10,000 ha concessions.
Jakarta-listed palm oil company PT BW Plantation expects CPO production this year to grow by 20 percent as more oil palm acreage enters production stage.
State-owned plantation company PTPN III will be an oleochemical plant worth Rp 3 trillion in the Sei Mankei industrial area in North Sumatra.
Jakarta-listed plantation company PT JA Wattie plans to issue bonds worth less than Rp 500 billion in September of this year.
Jakarta-listed palm oil company PT Astra Agro Lestari plans to seek US$55 million, or Rp 500 billion worth of new loan this year, much lower than the initial plan of Rp $100 million.
