Indonesian agro-industrial firm to invest in three bioenergy plants
As we transit towards the bioeconomy, land becomes a valuable resource. Asian plantation companies have singled out Indonesia as one of the countries with a lot of spare land capacity. They are massively investing in the island state (earlier post).
But on the home-front, domestic companies are equally active within the context of the country's ambitious €9.5/US$12 billion bioenergy plan (earlier post). Indonesia's state-owned agroindustry firm PT Rajawali Nusantara Indonesia (RNI) is now planning to develop three bioenergy plants worth €45/US$58 million to produce bioethanol and renewable electricity by 2009, while expanding its rubber plantations.
RNI's director for business development, Son Ramadir, describes the capacity, investment and location of the bioenergy plants:
bioenergy :: biofuels :: energy :: sustainability :: ethanol :: renewable electricity :: biomass :: sugarcane :: bagasse :: molasses :: rubber :: Indonesia ::
The two sugar factories' processing capacity will be increased from 8,000 tons of sugar per day to 11,500 tons, and the project will entail an investment of 205 billion rupiah (€17.5/US$22.5 million)
The expansion of the South Sumatra rubber plantations from 1,000 hectares to 16,000 hectares will require an investment of 400 billion rupiah (€34/US$44 million), while the new sugar factory and its associated sugarcane fields in Garut will be developed on a 12,000-hectare site, and will cost some 1.2 trillion rupiah (€102.5/US$132.5 million).
RNI has 54,600 hectares under sugarcane and 11 sugar factories with a total production capacity of 235,000 tons of sugar and 140,000 tons of molasses per annum.
In 2006, the company made 149 billion rupiah (€12.7/US$16.5 million) in net profit, a figure that is forecast to increase by 40 percent this year. (05)
But on the home-front, domestic companies are equally active within the context of the country's ambitious €9.5/US$12 billion bioenergy plan (earlier post). Indonesia's state-owned agroindustry firm PT Rajawali Nusantara Indonesia (RNI) is now planning to develop three bioenergy plants worth €45/US$58 million to produce bioethanol and renewable electricity by 2009, while expanding its rubber plantations.
RNI's director for business development, Son Ramadir, describes the capacity, investment and location of the bioenergy plants:
- the first plant would be constructed at the company's Jatitujuh sugar factory in Cirebon, West Java, and would produce 100,000 liters of ethanol per day. The cost of the development would be €15.5/US$20 million, and it would be undertaken in cooperation with private-sector firm PT Indo Acidatama. The project is at the feasibility-study stage and will be completed by December 2008.
- another bioethanol plant, with a capacity of 100,000 liters per day, will also see a €15.5/US$20 million investment and would be built at the company's Kebon Grati Agung sugar factory in East Java in cooperation with PT Choi Biofuel Indonesia, which is owned by a South Korean firm. The plant is slated to start operations in April 2009.
- the third plant would be constructed at a cost of €14/US$18 million at the Jatitujuh sugar factory, and process the factory's sugarcane waste for the generation of electricity. It would have a capacity of 20 megawatts. RNI is collaborating with PT PSA Automatika of Russia on the pre-feasibility, with the feasibility study expected to be completed in June 2008.
bioenergy :: biofuels :: energy :: sustainability :: ethanol :: renewable electricity :: biomass :: sugarcane :: bagasse :: molasses :: rubber :: Indonesia ::
The two sugar factories' processing capacity will be increased from 8,000 tons of sugar per day to 11,500 tons, and the project will entail an investment of 205 billion rupiah (€17.5/US$22.5 million)
The expansion of the South Sumatra rubber plantations from 1,000 hectares to 16,000 hectares will require an investment of 400 billion rupiah (€34/US$44 million), while the new sugar factory and its associated sugarcane fields in Garut will be developed on a 12,000-hectare site, and will cost some 1.2 trillion rupiah (€102.5/US$132.5 million).
RNI has 54,600 hectares under sugarcane and 11 sugar factories with a total production capacity of 235,000 tons of sugar and 140,000 tons of molasses per annum.
In 2006, the company made 149 billion rupiah (€12.7/US$16.5 million) in net profit, a figure that is forecast to increase by 40 percent this year. (05)
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