DOCSLIB.ORG

JB-Foods-Limited-Annual-Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
JB-Foods-Limited-Annual-Report JB FOODS LIMITED FOODS JB ANNUAL REPORT 2019 REPORT ANNUAL JB FOODS LIMITED 80 Robinson Road #17-02 Singapore 068898 www.jbfoods.com.sg GROWING SUSTAINABLY THROUGH STRONG FOUNDATIONS ANNUAL REPORT 2019 JB FOODS LIMITED ANNUAL REPORT 2019 TABLE OF CONTENTS CORPORATE PROFILE ............................................ 02 OUR BUSINESS ...................................................... 03 OUR PRODUCTS ................................................... 04 CHAIRMAN’S STATEMENT .................................... 05 CEO’S STATEMENT ................................................ 07 FINANCIAL HIGHLIGHTS ........................................ 09 OPERATIONS AND FINANCIAL REVIEW .................. 10 BOARD OF DIRECTORS ......................................... 12 EXECUTIVE OFFICERS ............................................ 15 SUSTAINABILITY REPORT ....................................... 16 CORPORATE INFORMATION .................................. 35 FINANCIAL CONTENTS .......................................... 36 01 JB FOODS LIMITED ANNUAL REPORT 2019 CORPORATE PROFILE JB Foods Limited (“JB Foods” or the “Group”) started as a processor of wet cocoa beans to dry cocoa beans in the 1980s. Today, it has grown to be one of the major cocoa ingredient producers in the region, with a total processing capacity of 180,000 metric tonnes of cocoa beans equivalent per year, with two factories located at the Port of Tanjung Pelepas, a free trade zone in Johor, Malaysia, and in the Maspion Industrial Estates in Gresik, Indonesia, approximately 30 km from the Surabaya port. The Group’s principal activities comprise the production and sale of cocoa ingredient products, namely cocoa butter, cocoa powder, cocoa liquor and cocoa cake. JB Foods has been listed on the Mainboard of the Singapore Exchange Securities Trading Limited since 2012. 02 JB FOODS LIMITED ANNUAL REPORT 2019 OUR BUSINESS CANADA Toronto ESTONIA ESTONIA RUSSIA JBC EUROPE OU USA Moscow @ Talliun Chicago New York USA JB COCOA INC @ New Jersey CHINA JB COCOA FOODS (CHINA) CO. LTD. @ Shanghai MALAYSIA SINGAPORE IVORY COAST INDONESIA Jakarta MALAYSIA JB COCOA SDN BHD @ Gelang Patah INDONESIA PT JEBE KOKO@ Surabaya FACTORIES/WAREHOUSE FACILITIES SALES OFFICES SOURCING CENTER PRINCIPAL BUSINESS INDONESIA JB Foods Limited’s core business is in the production and sale In 2014, the Group exercised its call option to acquire an 80% of cocoa ingredient products, namely cocoa butter, cocoa equity interest in PT Jebe Koko, a cocoa bean processing facility. powder, cocoa liquor and cocoa cake. This facility is located in the Maspion Industrial Estate in Gresik, Indonesia, approximately 30 km from the Surabaya port, and Over the years, through its strong focus on product quality focuses on processing raw cocoa beans sourced domestically in and development, the Group has honed its capability to Indonesia. Our Indonesian facility not only provides the Group develop and customise cocoa ingredient products to meet with a competitive processing cost structure but also allows the the varying and exacting requirements of globally diversified Group to save on Indonesian export tax on raw cocoa bean. customers. The acquisition was completed in 2015. Complying with the highest standards of food safety, the AWARDS AND CERTIFICATIONS AWARDS Group ensures that its quality products consistently meet or • Certification of Excellence, Industry Excellence Award for exceed its customers’ expectations. With its technical know- the consumer product sector 2007/2008 how, product expertise and proprietary blending methods, • Malaysian Commodities Industry Award 2011 for Best the Group has gained widespread recognition from its global Processing Plant customers. • Best Cocoa Grinder Award 2012 The Group’s products are sold primarily under the “JB CERTIFICATIONS COCOA” brand name to a worldwide customer base ranging • Halal Certification from international trade houses to end users such as food and • Kosher and Pareve Certification beverage and confectionery manufacturers. • HACCP Certification • UTZ Chain of Custody Standard – Cocoa Certification PRODUCTION FACILITIES • FSSC 22000 Certification MALAYSIA The Group’s cocoa processing facility is located in the Port of Tanjung Pelepas, a strategic logistics hub within a free MALAYSIA INDONESIA trade zone in Johor, Malaysia. This has enabled the Group 120,000 MT COCOA 60,000 MT COCOA BEANS EQUIVALENT BEANS EQUIVALENT to significantly reduce land logistics costs, as well as delivery PER YEAR PER YEAR time, while closely monitoring the shipment of its containers. 03 JB FOODS LIMITED ANNUAL REPORT 2019 OUR PRODUCTS COCOA CAKE COCOA LIQUOR COCOA BUTTER COCOA POWDER Sells cocoa cake to Produces cocoa liquor by Produces natural and Produces a wide range of international trade carefully blending cocoa deodorised cocoa butter cocoa powder in varying pH houses or cocoa powder beans from different which is mainly used value, application and fat millers to be refined origins. in the production of content, used for making into cocoa powder, or chocolates. cocoa beverages as well as processed in-house. Through precise control flavourings and coatings of temperature, pressure in the manufacture of and humidity, the taste, food and beverage and flavour and appearance confectionery products. of cocoa liquor can be enhanced. Customises recipes to specific taste and appearance based on customer specifications. 04 JB FOODS LIMITED ANNUAL REPORT 2019 CHAIRMAN'S STATEMENT DEAR VALUED SHAREHOLDERS, FY2019 REVIEW 2019 was an eventful year marked by a backdrop of global trade tensions and economic uncertainties. Amidst these challenges, the Group delivered another year of strong financial performance and was able to achieve top-line growth of 7.8% from USD327.1 million for the previous financial year to USD352.5 million in FY2019. Correspondingly, the Group’s EBITDA increased by 3.4% from USD41.6 million in FY2018 to USD43.0 million. After taking into consideration higher operating expenses arising from increased headcount of middle management and finance costs arising from higher inventory due to expanded production capacity, the Group achieved a net profit of USD26.0 million for the full year. We have since then replicated this initiative through our subsidiary in West Africa, allowing us to have a better grasp of local cocoa The Group’s stable financial performance was the culmination of markets. With this strategy, the Group was able to capitalise on a strong team of skilled and dedicated professionals, supported by closer ties with local bean producers. This has also allowed us a stable workforce that the Group has assembled over the years. to secure sustainable cocoa bean supply and offer better pricing We have a diverse and experienced management team with opportunities with our customers. areas of expertise in manufacturing, trading, sales and marketing, engineering, quality control, risk management, finance, research OUTLOOK & GROWTH STRATEGIES and development in the cocoa industry. The global economy continues to experience a lacklustre recovery from the slowdown caused by trade tensions. The unexpected A well-grounded and robust business model, extensive business coronavirus pandemic (“COVID-19”) outbreak has also impacted network and ability to customise solutions to create personalised demand and disrupted supply chains. At the same time, the customer engagement have collectively contributed to the cocoa industry also faces uncertainty as a result of the Living Group’s achievement. Income Differential implementation in the Republic of Cote D’Ivoire and Ghana, the two largest cocoa producers. These BUSINESS SUSTAINABILITY events may pose potential headwinds to the Group. However, Sustainability is one of the key priorities in driving our success in the Group believes that the cocoa consumption environment will the business. Long before sustainability became a buzzword, the continue to be supported by the growing middle-income class. Group has been adopting a sustainable growth strategy as a core The Group will keep a close eye on developments in the industry, part of our business. in particular, the potential impacts of the COVID-19, and adjust the implementation of the Group’s strategy over the medium Lower farmer income, child labour and deforestation pose term. significant challenges to the cocoa production around the world. At the same time, consumers and consuming countries Our business in United States of America (“USA”) market are demanding higher standards in the area of traceability and has been gaining traction since 2015 despite the challenging sustainable practices in the cocoa supply chain. The Group is business environment. It demonstrates the effectiveness of working towards these common industry goals. our penetration strategy into the USA market. The Group will continue with its endeavors to further expand our market share We will continue to uphold our commitment towards sustainable in the USA to tap on the huge business opportunities and a wide cocoa production to ensure a high-quality cocoa supply. In array of possibilities in the USA’s cocoa ingredient industry. order to equip cocoa farmers with professional knowledge on sustainable farming and facilitate the sharing of good agricultural practices, the Group had initiated cocoa support centres as well as a lead farmer program in Central Sulawesi, Indonesia a few years ago. These initiatives were well received and have shown positive results. 05 JB FOODS LIMITED ANNUAL REPORT 2019 CHAIRMAN'S STATEMENT
Load more

Recommended publications
  • March 21, 2021 I Vol - 162
    NEWS March 21, 2021 I Vol - 162 CMA CGM Air Cargo flies first A330-200F commercial flight Adani Ports partners John Keells to develop West Container Terminal of Colombo Port The new air freight division of the CMA CGM Group, a Adani Ports and Special Economic Zones Ltd (APSEZ), a key subsidiary of the diversified Adani Group, has received a Letter of French container transportation and shipping company, Intent (LOI) from Sri Lankan authorities for development and operations of (WCT) in Colombo. APSEZ will partner with John has just completed its first cargo flight between Europe Keells Holdings PLC, Sri Lanka’s largest diversified conglomerate, and with the Sri Lanka Ports Authority (SLPA) as a part of the and the United States. Based at Liege Airport (LGG), the consortium awarded this mandate. The WCT will be developed on a Build, Operate and Transfer basis for a period of 35 years global shipping giant flew its recently acquired Airbus as a public-private partnership. WCT will have a quay length of 1400 meters and alongside depth of 20 meters, thereby A330-200F from LGG to Chicago O’Hare International making it a prime transhipment cargo destination to handle Ultra Large Container Carriers. The project is expected to boost Airport (ORD) on March 13. The aircraft, registration WCT’s container handling capacity and further consolidate Sri Lanka’s locational advantage as one of the world’s top strategic number OO-CMA, is the first of four second-hand nodes along the busiest global transhipment route. The Colombo Port is already the most preferred regional hub for freighters that CMA CGM is buying for its new air cargo transhipment of Indian containers and mainline ship operators with 45% of Colombo’s transhipment volumes either division, aptly named CMA CGM AIR CARGO.
    [Show full text]
  • August 28, 2017
    August 28, 2017 KBank enters Indonesian market to reinforce its role as “AEC+3 Bank” with 9.99% share investment in Bank Maspion Indonesia. Prepare to facilitate the positive economic connectivity between the two countries. KBank invests a 9.99-percent stake in Bank Maspion to further enhance its service potential in the AEC+3 region and Indonesia. The investment will help KBank with 51 office networks located in major cities of Indonesia where Thai investors have placed their investment. This synergy is expected to upgrade the services of investment & trade finance, SME banking and digital banking for both banks, paving the way for KBank to serve Thai-Indonesian bilateral trade and investments which are targeted to reach USD20 billion in value within three years. According to Mr. Predee Daochai, KBank President, KBank has committed to strengthen its presence as an “AEC+3 Bank” to serve businesses connectivity in ASEAN, China, Japan and South Korea via expansion of its service network. Our new partnership with Bank Maspion via this 9.99% stake is the proof that we will deliver on such commitment and further elevate our services to empower businesses in both countries. Bank Maspion has just achieved BUKU2 status with key services focus on SME business and digital banking which align with KBank’s objective. The bank also provide an attractive attribute via its sound risk management which see its NPL ratio stands at 0.91 percent, versus the market ratio of 2.93 percent. Moreover, the bank’s extensive footprints of 51 office networks are strategically located in all major cities where KBank’s customer based their operations upon.
    [Show full text]
  • PT Bank Maspion Indonesia Tbk
    PT Bank Maspion Indonesia Tbk Laporan keuangan beserta laporan auditor independen tahun yang berakhir pada tanggal-tanggal 31 Desember 2012 dan 2011 dengan angka perbandingan untuk tahun 2010 dan 1 Januari 2010/31 Desember 2009/ Financial statements with independent auditors’ report years ended December 31, 2012 and 2011 with comparative figures for 2010 and January 1, 2010/December 31, 2009 The original financial statements included herein are in the Indonesian language. PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK LAPORAN KEUANGAN FINANCIAL STATEMENTS BESERTA LAPORAN AUDITOR INDEPENDEN WITH INDEPENDENT AUDITORS’ REPORT 31 DESEMBER 2012 DAN 2011 DECEMBER 31, 2012 AND 2011 DENGAN ANGKA PERBANDINGAN UNTUK TAHUN WITH COMPARATIVE FIGURES FOR 2010 DAN 1 JANUARI 2010/31 DESEMBER 2009 2010 AND JANUARY 1, 2010/DECEMBER 31, 2009 Halaman/ Page Daftar Isi Table of Contents Laporan Auditor Independen Independent Auditors’ Report Laporan Posisi Keuangan ………………………..... 1 - 3 ..…………………. Statements of Financial Position Laporan Laba Rugi Komprehensif ………………… 4 ..………….. Statements of Comprehensive Income Laporan Perubahan Ekuitas ……………………….. 5 ....……………….. Statements of Changes in Equity Laporan Arus Kas .................................................. 6 - 7 ..…….………………….. Statements of Cash Flows Catatan atas Laporan Keuangan ............................ 8 - 147 ...………………. Notes to the Financial Statements **************************** The original financial statements included herein are in the Indonesian language. PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION 31 Desember 2012 dan 2011 December 31, 2012 and 2011 Dengan angka perbandingan untuk tahun 2010 dan With comparative figures for 2010 and 1 Januari 2010/31 Desember 2009 January 1, 2010/December 31, 2009 (Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah, kecuali dinyatakan lain) unless otherwise stated) 1 Jan.
    [Show full text]
  • Chinese Big Business in Indonesia Christian Chua
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by ScholarBank@NUS CHINESE BIG BUSINESS IN INDONESIA THE STATE OF CAPITAL CHRISTIAN CHUA NATIONAL UNIVERSITY OF SINGAPORE 2006 CHINESE BIG BUSINESS IN INDONESIA THE STATE OF CAPITAL CHRISTIAN CHUA (M.A., University of Göttingen/Germany) A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY DEPARTMENT OF SOCIOLOGY NATIONAL UNIVERSITY OF SINGAPORE 2006 i ACKNOWLEDGEMENTS Throughout the years working on this study, the list of those who ought to be mentioned here grew tremendously. Given the limited space, I apologise that these acknowledgements thus have to remain somewhat incomplete. I trust that those whose names should, but do not, ap- pear here know that I am aware of and grateful for the roles they played for me and for this thesis. However, a few persons cannot remain unstated. Most of all, I owe my deepest thanks to my supervisor Vedi Hadiz. Without him, I would not have begun work on this topic and in- deed, may have even given up along the way. His patience and knowledgeable guidance, as well as his sharp mind and motivation helped me through many crises and phases of despair. I am thankful, as well, for the advice and help of Mary Heidhues, Anthony Reid, Noorman Ab- dullah, and Kelvin Low, who provided invaluable feedback on early drafts. During my fieldwork in Indonesia, I was able to work as a Research Fellow at the Centre for Strategic and International Studies (CSIS) in Jakarta thanks to the kind support of its direc- tor, Hadi Soesastro.
    [Show full text]
  • Commitment to Sustainable Quality
    COMMITMENT TO SUSTAINABLE QUALITY Annual Report 2020 JB FOODS LIMITED :: ANNUAL REPORT 2020 REPORT LIMITED :: ANNUAL JB FOODS JB FOODS LIMITED (Company Register No : 201200268D) 80, Robinson Road, #17-02 Singapore 068898 www.jbcocoa.com JB FOODS LIMITED ANNUAL REPORT 2020 01 TABLE OF CONTENTS CORPORATE PROFILE ................................................02 OUR BUSINESS ............................................................03 OUR PRODUCTS ............................................................04 CHAIRMAN’S STATEMENT ........................................05 CEO’S STATEMENT .......................................................07 FINANCIAL HIGHLIGHTS ........................................10 OPERATIONS AND FINANCIAL REVIEW ............11 BOARD OF DIRECTORS ..............................................13 EXECUTIVE OFFICERS...............................................15 SUSTAINABILITY REPORT ......................................16 CORPORATE INFORMATION ....................................39 FINANCIAL CONTENTS .............................................40 JB FOODS LIMITED 02 ANNUAL REPORT 2020 CORPORATE PROFILE JB Foods Limited (“JB Foods” or the “Group”) started as a processor of wet cocoa beans to dry cocoa beans in the 1980s. Today, it has grown to be one of the major cocoa ingredient producers in the region, with a total processing capacity of 180,000 metric tonnes of cocoa beans equivalent per year, with two factories located at the Port of Tanjung Pelepas, a free trade zone in Johor, Malaysia, and in the Maspion
    [Show full text]
  • Indonesian Banks and Multifinance Companies Refer to Important Disclosures at the End of This Report
    Industry Focus Indonesian Banks and Multifinance Companies Refer to important disclosures at the end of this report DBS Group Research . Equity 9 Jan 2015 Size does matter JCI : 5,207.12 Big banks to perform better in a tough environment Analyst LIM Sue Lin +65 6682 3711 Another challenging year [email protected] Growth to remain muted Christopher Daniel Wijaya +62 21 3003 4935 BMRI is our new top pick [email protected] OJK is likely to Indonesian banks coverage Big banks to stay in the limelight. Performance (%) target slow loan growth in 2015, leading us to expect Price Mkt Cap Target deposit growth to outpace loan growth, which would Rp US$m Price Rp 3 mth 12 mth Rating ease liquidity conditions. Bigger banks with a stronger Bank Central Asia 13,125 25,520 12,500 5.0 40.4 HOLD deposit franchise will have a competitive edge and be Bank Mandiri 10,850 19,966 12,200 14.2 41.8 BUY able to defend NIM. OJK and BI’s stance to promote Bank Tabungan Negara 1,205 1,004 940 11.1 42.6 FV branchless banking will support transaction banking for Bank Rakyat Indonesia 11,775 22,908 12,600 16.6 67.6 HOLD larger banks. Smaller banks may continue to face Bank Negara Indonesia 6,075 8,935 6,400 15.2 65.1 HOLD funding cost pressure and sporadic asset quality issues. Bank Tabungan Pensiunan 3,990 1,838 4,600 (10.3 (9.3) HOLD Panin Bank 1,070 2,033 1,230 10.9 74.0 HOLD Growth to remain muted.
    [Show full text]
  • 20 Sept 2018 (Jil. 62, No. 19, TMA No
    M A L A Y S I A Warta Kerajaan S E R I P A D U K A B A G I N D A DITERBITKAN DENGAN KUASA HIS MAJESTY’S GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY Jil. 62 TAMBAHAN No. 19 20hb September 2018 TMA No. 38 No. TMA 122. AKTA CAP DAGANGAN 1976 (Akta 175) PENGIKLANAN PERMOHONAN UNTUK MENDAFTARKAN CAP DAGANGAN Menurut seksyen 27 Akta Cap Dagangan 1976, permohonan-permohonan untuk mendaftarkan cap dagangan yang berikut telah disetuju terima dan adalah dengan ini diiklankan. Jika sesuatu permohonan untuk mendaftarkan disetuju terima dengan tertakluk kepada apa-apa syarat, pindaan, ubahsuaian atau batasan, syarat, pindaan, ubahsuaian atau batasan tersebut hendaklah dinyatakan dalam iklan. Jika sesuatu permohonan untuk mendaftarkan di bawah perenggan 10(1)(e) Akta diiklankan sebelum penyetujuterimaan menurut subseksyen 27(2) Akta itu, perkataan-perkataan “Permohonan di bawah perenggan 10(1)(e) yang diiklankan sebelum penyetujuterimaan menurut subseksyen 27(2)” hendaklah dinyatakan dalam iklan itu. Jika keizinan bertulis kepada pendaftaran yang dicadangkan daripada tuanpunya berdaftar cap dagangan yang lain atau daripada pemohon yang lain telah diserahkan, perkataan-perkataan “Dengan Keizinan” hendaklah dinyatakan dalam iklan, menurut peraturan 33(3). WARTA KERAJAAN PERSEKUTUAN WARTA KERAJAAN PERSEKUTUAN 14242 [20hb Sept. 2018 20hb Sept. 2018] PB Notis bangkangan terhadap sesuatu permohonan untuk mendaftarkan suatu cap dagangan boleh diserahkan, melainkan jika dilanjutkan atas budi bicara Pendaftar, dalam tempoh dua bulan dari tarikh Warta ini, menggunakan Borang CD 7 berserta fi yang ditetapkan. TRADE MARKS ACT 1976 (Act 175) ADVERTISEMENT OF APPLICATION FOR REGISTRATION OF TRADE MARKS Pursuant to section 27 of the Trade Marks Act 1976, the following applications for registration of trade marks have been accepted and are hereby advertised.
    [Show full text]
  • Surabaya International Container Terminal
    Surabaya International Container Terminal IsDouble-faced Nickolas adipose and blazing or Scandinavian Curtice encages after beery her situating Mohammed demonstrative reintegrated interchains so lightsomely? and dynamited spinally. Brinkley gaffs sycophantishly? The port of this would limit the container terminal for similar to rely on its container for its sources Tanjung Perak port as a whole did not achieve a good efficiency score, ranking last in the port ranking. Identec Solutions announces that PT Terminal Petikemas Surabaya TPS a joint. The container handling inside the container terminal data is collected, then the effect container of handling the equipment on dwelling time was testified by creating a model then analyzed. In terms offered by establishing a container traffic growth, there are therefore necessary preconditions for berth. Stevedoring companies request TKBM to provide workers. Working area between rail construction companies, how you are established for both are similar improvement rate, shipping freight rate. Tired Gantry RTG cranes operate has its Semarang container terminal. Analysis of import container dwelling time in surabaya. And international monetary fund. Bulk cargo is planned to be handled at the port of Celuk Baung. Container is not using internal funds for international container terminal will be a high resolution radar is a buffer area is no new york on. Maumere in Flores island. Tarsus Group might, All Rights Reserved. Details are mostly obtained data collected navigation, email or neighboring areas are ineffective, external financing for longshoremen a special evaluation are each project. Experience elsewhere confirms that road transport dominates at all container ports, except where distances are long or where urban traffic is affected by acute congestion and truck bans.
    [Show full text]
  • East Java and Australia: Promoting the Business Partnership
    economics Division Working Papers Southeast Asia East Java and Australia: promoting the business partnership Heath McMichael 97/1 National Centre for Development Studies • The Australian National University Research School of Pacific and Asian Studies http://ncdsnet.anu.edu.au/publications/online HEATHMcMICHAEL © Economics Division, Research School of Pacific and Asian Studies, The Australian National University, 1997. This work is copyright. Apart from those uses which may be permitted under the Copyright Act 1968 as amended, no part may be reproduced by any process without written permission from the publisher. Published by the National Centre for Development Studies NCDS Online Publications: http://[email protected]/ The Economics Division acknowledges the contribution made by the Australian Agency for International Development (AusAID) towards the publication of this work- ing paper series. ISBN0 7315 2359 8 ISSN 1442 0279 Key to symbols used in tables n.a. Not applicable .. Not available - Zero . Insignificant Heath McMichael works for the Queensland Trade and Investment Office and is based in Jakarta. • 2 • Economics Division Working Paper EAST JAVA AND AUSTRALIA: PROMOTING THE BUSINESS PARTNERSHIP abstract This paper discusses recent economic trends in one of Indonesia’s most important regions, East Java, with a particular focus on the Province’s infrastructure development, trade and investment outlook, and the role of the East Java bureaucracy. It examines the pattern of Australian trade with, and investment in, East Java. The paper focuses on particular sectors of the East Java economy that offer the greatest scope, not only for Western Australian companies but for Australian firms generally that are looking for business opportunities outside the increasingly saturated market in Jakarta/West Java.
    [Show full text]
  • Maspion Industrial Estate
    JAVA ISLAND INDONESIA INDUSTRIAL ESTATES DIRECTORY 2018-2019 Maspion Industrial Estate Madura Central Java Gresik Province Island Located in Gresik Regency, Surabaya 24 km from Surabaya (the capital of East Java Province) East Java Province aspion Industrial Estate (MIE) is developed and Mmanaged by PT Maspion Industrial Estate (a member GENERAL INFORMATION of Maspion Group). Size Maspion Industrial Estate is one of the largest industrial estates in East Java that has been designed and Total Area 442 hectares established with the concept of total integrated facility. All Developed Area 291 hectares the facilities in the estate are provided on the first class level, and are built especially for the use of the industries Vacant Area 291 hectares in Maspion Industrial Estate and external customers. Expansion Option – The existing port facilities available in Maspion Industrial Estate include 6 jetties that serve oil, gas, liquid chemical, Plot Size – CPO and also dry bulk cargo. The port facilities will be expanded to include container port, Ro-Ro Port, dedicated Land Ownership Ports, etc. Lease No – Maspion Industrial Estate is committed to the global Price No – environment protection, ensuring that industrial Indication developments will go hand in hand with the preservation Acquisition/ and enhancement of the quality of life. Yes Purchase USD 200/ m2 (2016) exc. VAT Price Yes Maintenance fee. USD 0,02/m2/ Indication CONTACT month. Ready to use building Maspion Industrial Estate Jl. Raya Manyar KM 25. Office N/A Data is not provided yet Desa Sukomulyo Manyar, Gresik Building Phone : +62 (31) 3951628, +62 (81) 6503476 Commercial N/A Idem Email : [email protected] Building [email protected] Factory N/A Idem [email protected] Building www.maspionindustrialestate.com 1 MASTERPLAN Waste Water Available Treatment INFRASTRUCTURES Solid Waste Available Treatment Road Telecommunication Main Road (width) 35 m Telephone PT Telkom Indonesia, Tbk.
    [Show full text]
  • Study Abroad: Journey of a Lifetime
    Study Abroad: JOURNEY OF A LIFETIME Inside: A Legacy of Alumni Pride and Service Student Committee Plans Successful Business Night | Student Snapshots DEAN’S MESSAGE Aloha, Welcome to the spring issue of Shidler Business. This is an entertaining edition packed with news on all the exciting initiatives from this past semester at the Shidler College of Business. Our remarkable students are amongst the Shidler stars featured in the following pages. You will find many articles that highlight their academic and extra-curricular successes including an interesting story about the students participating in Shidler’s study abroad programs. The colorful narratives and scenic photos submitted by these world travelers are sure to ignite your sense of adventure and boost your interest in global business. "Thank you for taking an We are also pleased to showcase our growing network of alumni. With each semester, we interest in all that we have connect with more and more Shidler graduates from around the world who share their photos and career updates. We share their stories as well as highlight recent alumni events accomplished during this in the Alumni News section. Our alumni pages also feature a historic look at the evolution wonderful semester." of the Shidler Alumni Association. This incredible group of graduates and friends is credited with boosting Shidler pride, connecting alumni, and helping to raise funds for important -- Vance Roley initiatives at the College. Their support over the years has truly been invaluable. In addition, we acknowledge the many organizations and individuals that have offered their support to the Shidler College this past semester.
    [Show full text]
  • 1 Project Document APPROVED March 17, 2020 UNITED NATIONS
    UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION Global Eco-Industrial Parks Programme - Indonesia: Country level intervention Project Document 17 March 2020 Project number: 190324 Global Eco-Industrial Parks Programme - Indonesia: Country Level Project title: Intervention Thematic area code Energy and Environment Starting date: 1 July 2020 Duration: 2 years and 6 months Project site: The Republic of Indonesia Government Ministry of Industry (MoI) Coordinating agencies: Main counterparts: Ministry of Industry (MoI) Ministry of Environment and Forestry (MoEF) Selected industrial parks and tenant companies Other counterparts Industrial Estate Association of Indonesia (HKI, Himpunan Kawasan Industri Indonesia) Executing agency/ UNIDO cooperating agency: Project Inputs: - SECO inputs: 1,379,994 CHF - Support costs (13%): 179,399 CHF - Counterpart inputs: In-kind contributions - Grand Total: 1,559,393 CHF 1 Project Document APPROVED March 17, 2020 24.04.20 Contents Executive Summary ................................................................................................................................. 5 A. Context ........................................................................................................................................... 8 A1. Eco-industrial parks and the GEIPP .............................................................................................. 8 A2. Indonesian background .............................................................................................................. 10 Summary
    [Show full text]