ITM two jetty capacity expanded

By Hiski Darmayana

IDX-listed PT Indo Tambangraya Megah Tbk (ITM) is currently expanding the capacity of its jetty units in Muara Bunyut and Bontang, East Kalimantan.

?The Jetty in Muara Bunyut will have its capacity expanded to 15 million tons from 9 million tons, which will be completed in two years, while the one in Bontang will be from 20.5 million tons to 30 million tons in 2016," ITM financial director Edward Manurung said to Petromindo.com in Jakarta.

ITM targeted to produce and sell around 6.7 million tons this quarter, though the actual plan is still being evaluated.

Editing by Er Audy Zandry