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Sinar Mas to Build Oleo chemical Plant in Dumai

Written By DailyWeeks.com on Saturday, December 8, 2012 | 11:10 PM

Sinar Mas Group to build a renewable oleo chemical plant in Dumai, Riau with IDR2 trillion investment or US$245 million.

Managing Director of Sinar Group, Gandi Sulistiyanto confirmed oleo chemical plant construction plan in Dumai, Riau.

The plant construction is predicted to be completed on scheduled set by company. However, he was reluctant to mention the details of investment value and production capacity.

Based on information collected by Bisnis, the company will build oleo chemical plant in 24 hectare area.

Directorate General of Agro Industry Benny Wachyudi said the company is reviewing the incentive to the government both tax holiday and tax allowance.

The company to build a plant-based palm oil with an investment reached US$245 million and will absorb 1,000 workers.

Sources: Bisnis Indonesia
Editor: DailyWeeks
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