Japfa spends over $11 million on poultry factories
Poultry and aquaculture firm PT Japfa Comfeed in Indonesia is enhancing
production capacity with the construction of two new factories costing Rp 100
billion (US$11.3 million).
The company will issue its first bond, worth Rp 500 billion ($5.6 million),
in June 2007, for the new factories, which are currently under construction in
their location in Bati Bati, South Kalimantan, and in Padang, West Sumatra,
"The Bati Bati plant is expected to commence operations by the end of this
year, while the Padang plant, which is still in the early stages of
construction, will begin operations in the first quarter of 2008," said Japfa
director Herry Wibowo.
With the establishment of these two factories with a total capacity of
360,000 tonnes per year, the company's poultry processing capacity will increase
to 2.08 million tonnes from the current 1.72 million tonnes.
Japfa, which currently operates seven poultry processing plants in Java,
Sumatra and Sulawesi, is also building a corn processing plant in Grobogan,
Central Java, which will supply raw materials to its poultry processing
Related links:PT Japfa
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