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AGII Commences Gas Plant Operations in Bangka Belitung, Aims to Serve Industrial Recovery in 2H-2022

By Press Release22 August 2022

Jakarta, 22 August 2022 – PT Aneka Gas Industri (Bloomberg Code: AGII IJ or the “Company”) through its subsidiary, PT Samator Gas Industri, has officially commenced operations of its factory that will become the main supplier of oxygen for a tin purification smelter with TSL Ausmelt technology in Muntok City, West Bangka Regency, Bangka-Belitung Islands Province.

The President Director of AGII, Mr. Rachmat Harsono, said, “We are anticipating several interesting projects for Q3 and Q4 this year, including one of our Oxygen Gas Plant, that has officially operated starting this month in Bangka-Belitung for one of our valued customers, PT Timah Tbk. Due to the support and dedication from various parties, including from PT Timah Tbk, we are grateful to have completed the construction process, which lasted for almost 16 months. During the construction period, the Company was able to manage the Company’s total CAPEX within the targeted range, which is 10% to 11% of sales”.

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