INTP - A commitment to supply 120,000 tons of bulk cement for IKN

INTP - A commitment to supply 120,000 tons of bulk cement for IKN Indocement Tunggal Prakarsa (INTP) has committed to supply around 120,000 tons of bulk cement per year or around 10,000 tons per month, for IKN projects. INTP' commitment for IKN will be supported by its cement' terminal in Samarinda. In order to support its commitment, INTP has allocated around IDR1.5 tn for 2024' capex, which will be used for installing an alternative fuel' provision facility in Semen Grobogan, and installing a hot-disk facility in its factories (Cirebon, Citeureup and Tarjun). In 2023, thanks to IKN projects, INTP' cement sales grew 13% yoy to 1.1 mn tons in Kalimantan. (Source : Bisnis Indonesia)