REPUBLIKA.CO.ID, JAKARTA - Plantation company PT Astra Agro Lestari plans to increase its rubber plantation by 2,000 hectares this year. The increase would add to its existing 500-hectare of rubber plantation in Central Kalimantan, to supply Astra's tyre production unit PT Astra Otoparts, said Finance Director Rudy Chen.
Astra Agro, a unit of PT Astra International, plans to spend more than 3 trillion IDR (262.7 million USD) on capital expenditure (capex) this year, slightly up from its capex in 2012 at 2.87 trillion IDR (251.3 million USD).
The firm will use the funds to expand its plantations, develop palm oil processing factory and build infrastructure.
sumber : Reuters
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