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

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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