Three UT subsidiaries start coal production
Monday, December 2 2013 - 12:05 PM WIB
By Cepi Setiadi
IDX-listed United Tractors Tbk (UT) stated that its three subsidiaries PT Asmin Bara Bronang (ABB), PT Asmin Bara Jaan (ABJ) and PT Duta Nurcahya (DN), all in Central Kalimantan, have started coal production in the fourth quarter of 2013.
Vice President Director Gidion Hasan told to Petromindo.com recently that the three subsidiaries are expected to produce a total of about 400,000 tons of coal in this quarter of the year.
"Hopefully they can significantly add to the company?s output," Gidion said adding the company expects to produce about 4.2 million tons this year and the output is targeted to jump to 6 million ton in 2014.
Editing by Johannes Simbolon