Sweet Dreams of Sugar Factories
Perkebunan Nusantara (PTPN) will divest the assets of its subsidiaries engaged in the sugar business. A new company is being prepared to attract jumbo investors.
Retno Sulistyowati
July 4, 2021
OVER the past month, sugar production centers welcomed the season of grinding sugarcane. At Karangharjo village, Glenmore, Banyuwangi Regency, East Java, the fun is not over yet. On Friday, July 2, trucks were still lining up to haul sugarcane at the court of Glenmore Sugar Factory (PG), whose mills have been running since the second week of June.
The truck line-up was in contrast compared to what went on inside the factory’s production fa
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