Siam Cement, Thailand, plans to build a cement plant in Indonesia’s Banten region, Java, within the market catchment region of the capital Jakarta. Total investment cost is noted at about US$300m.
The factory, to be built in the district of Bojongmanik, Rangkasbitung, is to have an annual production capacity of 1Mt, said Mutia Farida Tahir, the president of PT Semen Prima, which will partner Siam Cement in the project. Part of the production will be exported, Mutia told the newspaper Bisnis Indonesia. "The raw material limestone deposits in Bojongmanik will be enough to supply the plant for 100 years", she said.