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Economy in brief: Sidomulyo eyes coal transport business
Publicly listed transportation and logistics firm PT Sidomulyo Selaras expects to diversify its services after seeing a potential to provide coal transportation services in Kalimantan starting this year
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ublicly listed transportation and logistics firm PT Sidomulyo Selaras expects to diversify its services after seeing a potential to provide coal transportation services in Kalimantan starting this year.
“We have been approached by several coal mining firms in Kalimantan for cooperation,” president director Tjoe Mien Sasminto said in a press briefing, adding that project bids for such services were ongoing.
Sidomulyo, which has been in operation since 1993, specializes in transporting hazardous and toxic materials (B3). It also provides logistics services for transporting crude transport in South Sumatra and Jambi.
The firm is currently participating in a tender to provide logistics services for Australia-based oil firm Cooper Energy Ltd.’s oil wells in South Sumatra, said Tjoe Mien.
Sidomulyo financial director Erwin Hardiyanto said the company had submitted paperwork related to the tender. “The tender was recently opened. We have only submitted documents [related to the tender]. We do not know yet how many [oil] barrels we will have to transport,” he said.
