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Asahimas Flat Glass aims to produce 720,000 tonnes of flat glass per annum

20 February 2019 11:24 AM  Company: PT. Asahimas Flat Glass Tbk[AMFG]
Rp. 5,375  0 (0%)

JAKARTA - PT Asahimas Flat Glass Tbk (AMFG), a flat and automotive glass manufacturer, aims to produce 720,000 tonnes of flat glass per annum, rose from 630,000 tonnes per annum. following the finished construction of a new flat glass factory in Cikampek, West Java.

As cited from the company's disclosure of information, the investment for the new factory reaches JPY 17,250 million with a production capacity of 210,000 ton per year. The management targets to operate the new factory in March 2019. With the second glass melting furnace, the company will have two new furnaces in Cikampek, since the company has operated its first melting furnace at Cikampek in 2017.

The company has operated four glass melting furnaces, including two melting furnaces in Sidoarjo, East Java,  and one melting furnace in Jakarta and Cikampek. On January 2019, the company closed the melting furnace in Jakarta and open one in Cikampek.(LK/AR)