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Dharma Satya Nusantara prepares Rp 1 trillion for capital expenditure

03 February 2020 06:02

JAKARTA - PT Dharma Satya Nusantara Tbk (DSNG) prepares a capital expenditure (CapEx) budget of around Rp 800 billion to Rp 1 trillion, which will be used to build two palm oil mills (PKS) this year.

As quoted from the company's disclosure, Andrianto Oetomo, President Director of PT Dharma Satya Nusantara Tbk (DSNG) said the company planned to build the two new PKS due to increased production and planting area owned by the company. "At the end of 2019, the company has 10 PKS units with a total production capacity of 570 tons of fresh fruit bunches per hour," he said.

According to him, the company will also use its CapEx budget for various purposes, including infrastructure development, the addition of new palm trees, and completion of its Bio-CNG facility. (LK/AR)

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