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Tjiwi Kimia Establishing Pulp Plant
To raise capital, Tjiwi Kimia would also issue new shares with pre-emptive rights.
Bareksa•23 Juni 2014
Bareksa•23 Juni 2014
To raise capital, Tjiwi Kimia would also issue new shares with pre-emptive rights.
Bareksa.com - Quoted from The Jakarta Post, PT Pabrik Kertas Tjiwi Kimia is currently developing a pulp plant through PT Oki Pulp and Paper Mills, completion is expected in the middle of 2016.
Tjiwi Kimia director Suhendra Wiriadinata said recently that the plant, located in Ogan Komering Ilir, South Sumatra, would produce short-fiber pulp to support Tjiwi Kimia’s business, as 85 percent of its paper was derived from short-fiber pulp.
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