JAKARTA - PT Centex Tbk (CNTX) is allocating USD 510,000 for its capital expenditure budget throughout the year.

In the release of public expose quoted today (25/9), Tomoaki Nakajima, Director of CNTX, mentioned that the capex will be allocated or machinery facility maintenance.

His company is optimistic that the prospect of textile products will be promising this year, even more so, considering that the company’s policy will be focused in sustainable product development. “We will promote domestic sales, export products, and new product development,” Nakajima added.

CNTX is known as an integrated textile manufacturer, starting from spinning, weaving, dyeing, and finishing of a combined textile of polyester and cotton. The spinning production capacity reaches 322 klbs per month, while weaving capacity is 1,200 kyds per month, and dyeing capacity is 2,600 kyds per month.

CNTX’s plant is erected upon a piece of land of 192,990 m2 with a total building area of 44,702 m2. The expansion of plant facilities includes the instalment of new heat setter, new pad steamer, new resin stenter, new roll dryer, and new pre-shrunk machine. (LK/ZH)