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: Pexels

Textiles | On 15th Jul 2018

WCO publishes global standards on e-commerce

The World Customs Organization (WCO) has published the Framework of...

Courtesy: M Dohmen

Textiles | On 15th Jul 2018

Archroma takes remaining minority shares in M Dohmen

Archroma, leader in colour and specialty chemicals towards...

Courtesy: Reebok

Fashion | On 15th Jul 2018

Reebok, CFDA join hands to nurture America's fashion

Global fitness and lifestyle brand Reebok has joined hands with the...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Urmil Arya

Sushila International, a well established textile organisation established ...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search