BlueScope Steel, renowned steel company based in Australia, has expedited efforts to revamp its Indonesian plant located at Cilegon by constructing its second metallic coating line at the plant. The company has already spent USD 86 million on the project while USD
10 million and USD 30 million will be spent in the financial year 2010 and 2011. Mr. Paul O'Malley MD & CEO of BlueScope added, "We are here to announce the restart of construction of the second metallic coating and painting facility, which we expect to commission around mid 2011." The plant currently produces 100,000 tonnes per annum of metallic coated steel and 40,000 tonnes per annum of painted steel. The recent development would allow the production of thin gauge coils in 0.2mm to 0.4mm thickness for meeting the demands of residential applications.