Archive for September, 2009

PostHeaderIcon Indonesia’ll Have Ammonium Nitrate Plant Largest in Asia

PT Industrial Engineering inaugurated the first piling piling projects Ammonium Nitrate in the industrial area of PT Kaltim Industrial Estate (KIE), Bontang, East Kalimantan.  “When the ammonium nitrate plant was later operated, Indonesia would have the largest ammonium nitrate factory in Asia. That means, the needs of ammonium nitrate in the country will be met as a whole, so no need to import, \” said the CEO of PT Industrial Engineering Triharyo I Susilo in an electronic letter to the Media Indonesia.  Triharyo expressed his pride has been trusted to build the plant would be operated by PT Kaltim Nitrate Indonesia (KNI). KNI is a consortium between Armindo Group Pte Ltd and Orica Australia. The inauguration was attended, among others, the Governor of East Kalimantan, the Mayor of Bontang, East Kalimantan Fertilizer Directors along with the entire staff, CEO of PT Industrial Engineering Triharyo I Soesilo, President Director of PT Kaltim Nitrate Indonesia (KNI) Earring Pandoyo, KNI shareholders, CEO Armindo Group, Winniarlita, and CEO of Orica , Graeme Liebelt.  Construction of this plant has a strategic value and importance to meet the needs of ammonium nitrate in the country from year to year increase, while world demand for these products is also increasing.

The factory will produce ammonium nitrate prilled of 300,000 tons per year is focused to support the needs of the domestic market ranging from 350,000 tons per year.
Currently the production of ammonium nitrate in the country is only 40,000 tons per year from only one manufacturer, namely, PT MNK, which is located in Cikampek, West Java.  With the operations of ammonium nitrate plant owned by PT KNI in the year 2011, dependence on the mining industry a very high level of ammonium nitrate products imported from abroad will be much reduced. In addition, foreign government that has been used for ammonium nitrate imports amounted to about U.S. $ 180 million per year will be saved.  Ammonium nitrate plant using ammonia as the main raw materials available and produced in huge quantities by some industries in the industrial park environment KIE, so the added value of ammonia that had been enjoyed by producers of ammonium nitrate in foreign countries will be able to move to Indonesia.  Availability of manpower in Bontang experienced or at least who are familiar with the petrochemical industry is an important consideration in choosing the location of the factory, besides of course the availability of adequate facilities and infrastructure within the industrial area of IEC.  The number of workers to be absorbed ammonium nitrate plant construction project is approximately 1000 workers at the time of surgery, while approximately 200 people.  Ammonium Nitrate is an explosive raw materials to meet the purposes of the mining industry in Indonesia.

PostHeaderIcon GM Hold eBay to Sell New Cars

General Motors and eBay on Monday announced, will begin selling new cars and trucks in the online auction site. This program will initially involve 225 Chevrolet car dealership, Buicks, Pontiac, and GMC in California, GM and eBay said in a statement. Customers will be able to click and buy vehicles online at the website beginning Tuesday, September 8th gm.ebay.com after browsing through an online exhibition space, negotiating prices, and arrange financing with agents.

“Buyers can see different options up to 20,000 new GM vehicles at very competitive prices,” they said. EBay already offers many of the popular used car through eBay Motors site. GM was the first U.S. automaker to offer a new vehicle online through eBay. Vehicles that can be purchased through regular eBay Buy it Now format, which means the buyer agrees to pay the advertised price. Or through the Best Offer option which means that the buyer indicate they are willing to pay that price. “With 12 million car buyers who visit our site every month, eBay Motors is distinctive about the people who prefer to buy a car,” said Rob Chesney, vice president, eBay Motors. ”Through this program, we will help GM dealers to physically expand their exhibition space,” he said.

PostHeaderIcon GM’s Opel intends Sell

New board of directors of General Motors,  consider selling the unit Opel, Europe, at the first meeting since the company’s automotive received bankruptcy protection. GM Chief negotiators said last week that a bid by a Belgian investment group RHJ International will be easier to implement than one by a Canadian group Magna.

But German government – which offers up to 4.5 billion euros (U.S. $ 6.4 billion) in cheap loans and Guaranteed loan as part of the rescue for Opel – Magna offering support, for fear RHJ will cut the number of employees.

A spokesman for GM’s men refused to say when the sale decision will be made. ”This is a complex problem and much work to be done to get the best solution,” said spokesman Tom Wilkinson. GM and Magna have signed the treaty, but the conversations they experience an impasse.Therefore, bidding GM RHJ has been allowed to negotiate with Magna to gain a stronger position.

PostHeaderIcon Russian Companies Find Oil in Cuba

Russia and Cuba signed a contract that sets the foundation for the Russian oil company, Zarubezhneft, to search for oil in the Gulf of Mexico, said the Cuban government-owned newspapers.

In the online edition, the Communist Party newspaper Granma said that four oil-related contracts were signed during the visit on Tuesday. which made Russia’s Deputy Prime Minister Igor Sechin to the islands which is a close ally of his country during the Cold War.

Granma, without giving details, suggests that the oil agreement between Zarubezhneft with Cuba Petroleo the basic set to work on Cuba’s exclusive economic zone in the bay.

Cuban said earlier this year, Russian companies have provided various options to block them out of the 16 leases in the Gulf of Mexico. Russian news agency RIA-Novosti quoted Sechin who consider that the results of cooperation that will be new opportunities for both Cuba and Zarubezhneft.

Cuba said it may have 20 billion barrels of oil reserves in its offshore fields, but only one well drilling experiments have been done.

PostHeaderIcon Citi Giant, Credit Card For Giant Customer.

The use of credit cards in Indonesia, occupies a position high enough in the way of payment of daily shopping needs.

“The use of a credit card for everyday shopping needs into five major positions,” said City Country Officer, Shariq Mukhtar City during the launch of Giant Card, in Jakarta. Use of this expenditure was after a fashion, eating in restaurants, electronic devices, and holidays.

“Especially for Citi Cards so far, 20 percent of its use for shopping goods of daily needs in modern retail outlets,” said Shariq. Hence, Citibank is now embracing the Giant to launch a product co-brand credit card new, namely the Giant Citi Cards.

Giant Card Citi itself is believed to be achieved in the community because it offers many facilities not offered by other credit cards, namely the triple deal. This facility consists of a total of up to 5% Cashback for transactions at the Giant (Giant, Hero, and the Guardian), 5% direct discount for more than 2,000 private label products Giant (Hero Save and First Choice), and 0.5 for the entire Cashback Giant transactions outside outlets, including bookstores, garages, gas stations, up to the hospital.

Giant Operations Director, Sugiyanto Wibawa, stated, “Competition is more strict and 1 / 3 of consumer outlets we use the method of payment by credit card. Giant and Citi should bring tremendous value to consumers. Therefore, we give great value not only for the moment but can be used every day, “said Sugiyanto.

Giant Card Citi gives 3.5% interest per year, with the exemption in the first year annual fee to its customers. Target until the end of 2009, Citi Card Giant acquire 1.5 million customers who will hold approximately 25% of Citi’s portfolio.

Rolex Watches
Categories
Archives
Business Blogs - Blog Rankings
September 2009
M T W T F S S
« Aug   Oct »
 123456
78910111213
14151617181920
21222324252627
282930