19 Jul 2016
President Director of PTPN III Elia Massa Manik explained that the palm oil factory has a production capacity of 600,000 tons per year. The company will acquire 2,000 hectares (ha) for the factory site.
"The land for the palm oil factory has been settled. The only remaining problems are infrastructure and gas," Elia said in Jakarta on Monday (June 18, 2016).
The reason PTPN III built the factory is to meet the current societal needs. Elia said that total public consumption has reached 1.4 million tons.
"If we look at it from the 600,000 tons, the demand has reached almost 1.4 million tons per year," Elia explained.
Elia explained that the Sei Mangke area is also home to a private company, Unilever. According to Elia, the company is prepared to cooperate and take the remaining production materials from the palm oil production.
"So that's why we are considering a partnership," Elia concluded.
Elia added that the company is targeting to complete the construction of the palm oil factory by 2018.
"If we count from 20 months from now, it should be done," Elia said.
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