Thursday, February 28, 2013

BlueScope plans 10 new factories in Indonesia by 2016

Australian-owned BlueScope Lysaght Indonesia, which manufactures roll-forming, cladding and associated building products in Cibitung, West Java, plans to expand its business by building 10 factories in other parts of the country by 2016. Willius Suwandana, president director of the company, said the factories, each close to markets and producing about 1,500 tons/y of coated-steel products, would each cost around $500,000.

Parent company BlueScope Steel has reportedly already invested $250 million in Indonesia. “We are not hesitant to pour money here because Indonesia is an important market,” said Paul O’Malley, managing director and chief executive ..

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