JAKARTA (RambuEnergy.com) – Bosowa Group, owned by M. Aksa Mahmud, continued to widen its wing. On Thursday, Vice President Jusuf Kalla inaugurated liquefied petroleum gas (LPG) owned by Bosowa Group in Banyuwangi, East Java.
At the same time, the Vice President also inaugurated a cement plant owned by group. He was accompanied by Industry Minister Airlangga Hartarto as well as chairman of Bosowa Group Erwin Aksa, son of Aksa Mahmud.
The LPG terminal, which required investment of RP787 billion, has capacity of 10,000 metric tons (MT) per annum.
“We appreciate the effort of Bosowa Group’s business expansion through the development of cement palnt in Banyuwangi,” Minister Airlangga Hartarto said.
The cement plant required investment of Rp800 billion with production capacity of 1.8 million tons per annum.
The cement plant is the third cement plant owned by Bosowa Group. The first and second plants are located in Maros and Riau. The three cement plants have combined capacity of 7.2 million tons per annum.
Airlangga hopes that the LPG Bosowa terminal will help fullfilling the LPG needs of people in East Java, Bali and the surrounding areas in collaboration with the state energy company PT Pertamina.
Chairman Bosowa Group, Erwin Aksa, said the LPG terminal has been on trial since last year and went smoothly. The terminal was built on 9 hectares of land, supported by jetty with 6,500 dead weight tons (DWT) capacity, four LPG tanks with capacity of 2,500 MT, four units of filling sheds, control room and other facilities.
Bosowa was founded in 1973. Its business is divided into six groups, namely automotive, cement, mines and energy, financial services, property and education. (*)