North Sumatra - Sei Mangkei Industrial Area

Sei Mangkei Industrial Area

Sei Mangkei Industrial Area is known also as Sei Mangkei - Integrated Sustainable Palm Oil Cluster (SM-ISPOIC); it is located in Simalungun Regency and was formally opened on 12 June 2010. Four companies have joined in this area, with investment costs totalling up to Rp1.5 trillion ($176 million). In April 2011, three other companies also joined in the Sei Mangkei area. They are Procter & Gamble Co for making CPO derivatives of cosmetic raw materials, Ferrostaal AG and Fratelli Gianazza SpA.

Read more about this topic:  North Sumatra

Famous quotes containing the words industrial and/or area:

    The industrial world would be a more peaceful place if workers were called in as collaborators in the process of establishing standards and defining shop practices, matters which surely affect their interests and well-being fully as much as they affect those of employers and consumers.
    Mary Barnett Gilson (1877–?)

    Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.
    C. Wright Mills (1916–1962)