Home / Knowledge / News / Textiles / Asahi Glass to build power plant at Indonesian facility
Asahi Glass to build power plant at Indonesian facility
15
Apr '15
Asahi Glass Co (AGC) will invest around $400 million to construct a power plant at its Indonesian subsidiary PT Asahimas Chemical (ASC).

According to a AGC press release, the power plant will enhance the competitiveness of its chlor-alkali business in Southeast Asia by significantly reducing power rates, a major cost item of that business.

“The caustic soda and polyvinyl chloride (PVC) market in Southeast Asia is projected to grow at over 5 per cent per year,” AGC said.

Of the total demand in the market, Indonesia, Thailand and Vietnam, where AGC has bases for the chlor-alkali business, account for 70 per cent of the demand.

In order to steadily meet increasing demand in these growth markets, AGC has been working to grow business, by looking at Southeast Asia as a whole and leveraging group synergies in the region.

It has enhanced production capacity at ASC, which is scheduled to be completed at the end of 2015, purchased a Vietnamese PVC manufacturing company and increased its production capacity.

This investment will realise cost reduction of electricity, one of the main cost components, and will help AGC to build dominant competitiveness not only in Indonesia but also in the entire Southeast Asia.

To cope with increasing demand for electric power, Indonesia plans to reinforce thermal power stations fueled by coal that is produced in the country.

To make the plan successful, Japan has proposed high efficiency power generation using circulation fluidised bed boilers (CFB method) or ultra-supercritical power plant, etc., aimed at reducing CO2 emissions.

The power plant to be constructed by AGC will be a coal-fired power plant with a power generation capacity of around 250 MW and will use low-grade coal, whose reserves are large in Indonesia.

ASC will adopt the highly efficient, environmentally-friendly CFB method, which is capable of co-generation and mixed fuel burning of biomass fuel. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search