JAKARTA. PT Mulia Industrindo Tbk will complete the construction of its factory to increase the company's production capacity. With more production capacity, the company expects its business to grow.
The new factory has two production lines for glass bottles and one production line for glass blocks. The glass bottle production lines have a total capacity of 140 tons per day, while the glass block production line has a total capacity of 75 tons per day.
With the construction of the factory, Mulia Industrindo's installed production capacity for glass bottles and glass blocks this year will reach 310,250 tons per year.
"The plan is that the factory will operate in April 2020," said Corporate Secretary of Mulia Industrindo, Henry Bun on Wednesday (29/1).
The new factory, valued at US$ 34 million, is financed with internal cash and bank loans. (AM/AR)