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IKAI to allocate CapEx to boost production capacity

13 September 2022 09:40

JAKARTA – PT Intikeramik Alamasri Industri Tbk (IKAI) is allocating IDR 30 billion for its capital expenditure, IDR 25 billion of which will be utilised by its subsidiary, PT Internusa Keramik Alamasri (INKA).

“INKA will strategically implement some initiatives, including upgrading machine and enhancing production capacity in 2023,” Teuku Johas Raffi, President Director of Intikeramik Alamasri Industri, revealed further in the public expose, quoted Tuesday (13/9).

According to Raffi, the ceramic production capacity will rise to over 3 million square metres per year, while gradually adding additional kiln machine in 2023.

In the first half of 2022, the company had reinforced the production line, boosting the production capacity to 70,000 m2/month or 840,000 m2/year. (LK/ZH)

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