PT Kiani Kertas Pulp Mill Project

Transcription

PT Kiani Kertas
Pulp Mill Project
Operations Management
Agreement
July 28, 2005
United Fiber System Ltd
PT KK - Location
Mill location
1
PT KK Pulp Mill Project
Capacity
Location
In Operation
Raw Materials
Current Conditions
Construction by
: 1,500 adt/d BHKP
: East Kalimantan
: since Nov 1999
: Domestic & Overseas
: Discontinuous operation due
to lack of working capital
: Consortium of,
1. HA Simons, Canada
2. Beloit, USA
3. Ahlstrom, Finland
Other facilities include:
Housing Complex for Employees
Several Jetties for both outgoing pulp & incoming
materials (2 x 15,000 DWT)
Wood supply
Fuel Oil
Airport
Medical Center
Schools
Sports & Recreation
2
OMA is a interim measure before final Acquisition
UFS to operate & manage the Mill
Monthly pulp production: at least 30,000 t
Sales Price : USD 500 per tonne
(approx. Industry average)
Manufacturing Costs: USD 220 – 300 per tonne
(approx. Industry average)
Acquisition process takes 3 – 5months
Final price to determined after due diligence
Definitely much lower than a new mill
PT MBBM is USD 863m (without Chemical and Water
Effluent Treatment plants)
Advantages of time + immediate earnings
3
4
5
Bark production
6
7
PT MAL
Wood Chip Mill
Project
8
Wood Chip Mill Project
Capacity: 700,000 tonnes/year
Project duration: 12 months
Investment cost: USD 45 million
Financing: CMEC & RZB
Market price : USD 120 per tonne (approx.
Industry average)
Manufacturing Costs: USD 65 per tonne (approx
Industry average)
Raw material supply: neighbouring plantations
9
10
Key Messages
Excellent Business opportunity
Immediate returns
Reflected in second half results
UFS on track with
Wood Chip Mill
Operation of Kiani Kertas Mill
11

PT Kiani Kertas Pulp Mill Project

Transcription

Similar documents