RGE held a Bankers’ Appreciation Night in Hong Kong and Singapore to thank banks that have participated in recent syndicated loan facilities of APRIL Group and Apical.Proven credit strength in...
APRIL Group had a groundbreaking ceremony on May 22, 2015, for their third paper mill facility to meet increasing export demand for premium and high-value digital paper products.
The ceremony was graced by guest-of-honour Minister for Industry Saleh Husin, who was hosted by APRIL Group Indonesia Operations Managing Director Tony Wenas and RGE Director Anderson Tanoto.
State-of-the-art Paper Mill Facility
The IDR4 trillion (USD300 million) state-of-the-art facility is expected to have a multiplier effect, positively impacting small and medium enterprises and at the same time creating additional employment opportunities in the region.
The facility, known as PM3, will use 100% plantation fibre from existing sources. This will increase APRIL Group’s existing production capacity from 820,000 to 1,150,000 tonnes per year. The additional output will be for export markets.
Minister Saleh expressed his support and optimism of the paper mill facility:
This investment is in line with government’s policy to promote value added export driven industry. We hope that the manufacturing industry, like the pulp and paper industry that has a competitive advantage, can play a stronger role in boosting national development. (source: The Jakarta Globe)
This marks an important milestone in the continuing story of RGE, whose Founder and Chairman Sukanto Tanoto starting building as a small humble enterprise in 1973. RGE’s business groups continue to function on the principle of doing good for the community, country and company.
About APRIL Group
APRIL Group currently exports its paper products, including its flagship PaperOneTM brand, to 75 countries, offering a range of premium quality office paper made from 100% renewable plantation fibre and designed for the most demanding printing and copying tasks. All PaperOneTM products incorporate the revolutionary ProDigiTM Nanotechnology for superior performance in digital printing technologies. This paper is 3 times smoother with 33% stronger surface and is produced from 100% Elemental Chlorine Free (ECF) renewable plantation fibre. PaperOneTM Copier is specially adapted for printing in machines using the xerographic principle. It has exceptional formation and good smoothness and is developed for problem free usage in high speed and high volume copiers.