- Governments Must Act to Avoid More Dubais: El-Erian
- Regulators Compile Global List of 'Systemic Risk' Banks
- Dubai Stocks Shed 7%, Abu Dhabi Tumbles 8%
- The World's Biggest Debtor Nations
- Scientists Gone Wild: Climate Debate Turns Nasty
- US Midwest Business Expands Stronger Than Expected
- BofA Aims to Clearly Spell Out Credit Card Terms
- Advertisers Sticking With Tiger After Accident
- What Black Friday Shoppers Spent on – And Where
- Roginsky: The Botax Whose Time Has Come
- Buy or Hold: Analyst Rates 10 Retail Stocks
- Execs: Tis The Season To Take Control
- November Winners & Losers
- Farrell: Testing Those International Waters Again
- Bob Doll: “We Continue to See Gains”
- My Commodities Outlook after Dubai: Dennis Gartman
- Saab Lovers Sound Off
- Tiger Ads Continue To Run Today
MOST SHARED
- Dubai Stocks Shed 7%, Abu Dhabi Tumbles 8%
- Tiger Woods Wants to Protect Family Privacy: Agent
- South Korea Sees Exports Bouncing, but Risks Remain
- US Senator Opposes Fed Chief Bernanke Renomination
- Governments Must Take Steps To Avoid More Dubais: El-Erian
- Dubai's Nakheel Seeks Suspension $5.25 Billion in Bonds
- Tiger Ads Continue To Run Today
- Dubai is Harsh Reminder of Prolonged Global Recovery
- Japan Won't Intervene to Weaken Yen: Finance Minister
- Tamminen: Copenhagen And Beyond
Text Size 
JAKARTA, Nov 10 (Reuters) - Indonesian pulp producer, PT Toba Pulp Lestari, plans to invest $150 million to increase the capacity of its factory in the next two years, corporate secretary Anwar Lawden said on Tuesday. The firm aimed to increased the capacity of its factory in North Sumatra in the next two years to 300,000 tonnes from 165,000 tonnes by adding machinery, Lawden said by telephone. "We are still reviewing our options but we plan to seek loans from financial institutions including banks." Toba Pulp, which has a stock market value of $26.2 million, currently produces dissolving pulp -- the basic material for rayon fiber -- and bleached kraft pulp to make paper. The firm aims to sell 50,000 tonnes of dissolving pulp and 162,000 tonnes of bleached kraft pulp in 2009, with most exported to China. It will move to only producing dissolving pulp starting from January 2010, with a planned capacity of 200,000 tonnes in 2010. (Reporting by Tyagita Silka; Editing by Ed Davies) ((tyagita.silka@thomsonreuters.com; Reuters Messaging: tyagita.silka.thomsonreuters.com@reuters.net; +62 21 384 6364 ext 905)) Keywords: TOBAPULP INDONESIA/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Print
Email
- Ever wished your cab driver would stop chatting and just get to where you're going? Well, that moment is closer than ever.
- With Americans cutting back on spending, holiday tipping will take another hit this year.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
Data is a real-time snapshot *Data is delayed at least 15 minutes