KT&G starts full-scale output at new Indonesia cigarette plant, lifting capacity to 35 billion sticks a year
Bitget2026/10/07 09:13KT&G began full-scale operations at a new cigarette plant in Pasuruan, Indonesia, completing a five-country global production network. Facility adds up to 21 billion sticks of annual capacity once nine lines are installed; Indonesia total rises to 35 billion. Output targets domestic demand, with exports positioned to scale across Asia-Pacific and other markets. Project advances a KRW 2.4 trillion overseas capital spending plan, with management pointing to buybacks, cancellations, higher dividends. Overseas plants in Indonesia, Russia, Kazakhstan, Türkiye seen reaching up to 65 billion sticks; overseas production targeted above 60% by 2028. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KT&G Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610070512PR_NEWS_EURO_ND__EN65742) on October 07, 2026, and is solely responsible for the information contained therein.
- KT&G began full-scale operations at a new cigarette plant in Pasuruan, Indonesia, completing a five-country global production network.
- Facility adds up to 21 billion sticks of annual capacity once nine lines are installed; Indonesia total rises to 35 billion.
- Output targets domestic demand, with exports positioned to scale across Asia-Pacific and other markets.
- Project advances a KRW 2.4 trillion overseas capital spending plan, with management pointing to buybacks, cancellations, higher dividends.
- Overseas plants in Indonesia, Russia, Kazakhstan, Türkiye seen reaching up to 65 billion sticks; overseas production targeted above 60% by 2028.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
Pendle Bridge integrates with BungeeExchange, supporting cross-chain transfers across 13 networks
Barclays significantly increased holdings in Tesla (TSLA.US) and Intel (INTC.US) in Q3, and bought Nasdaq ETF options for hedging
According to disclosures by the U.S. Securities and Exchange Commission (SEC), Barclays has submitted its third-quarter holdings report (13F) as of September 30, 2026.
Crypto prices
More
