AKR plans to build 10 fuel storages
Thursday, March 10 2011 - 02:11 AM WIB
PT AKR Corporindo, which sells fuels mostly to industrial users, plans to build 10 fuel storages across the country in order to increase the number of its storages to 25 units.
Two of the storages will be built in Central Kalimantan and are expected to begin operation within the next two years, company president Haryanto Adikoesoemo said on Wednesday.
The company has set aside US$110 million in capital expenditures this year to build the 10 fuel storages and support its coal business. (*)