Bakrie's cooking oil mill<\/p>\n
JAKARTA (JP): PT Bakrie & Brothers will build palm oil and
\ncooking oil plants with a total investment of Rp 45 billion
\n(US$19.56 million) in Kerawang, West Java, the company said in a
\nstatement yesterday.<\/p>\n
The statement said the planned cooking oil mill, which will
\nhave an annual production capacity of 60,000 tons, is scheduled
\nto start commercial production in early 1997.<\/p>\n
The company said the palm oil plant, designed with an annual
\ncapacity of 100,000 tons, will start commercial production in the
\nmiddle of 1997.<\/p>\n
The palm oil plant will be managed by PT Kilang Vecolina and
\nthe cooking oil plant by PT Multipangan Selina. Both firms are 99
\npercent owned by Bakrie with the remaining one percent held by
\nbusinessman Darwies Ibrahim.<\/p>\n
The statement said Kilang Vecolina will eventually build a
\ncoconut oil mill and a food processing factory using coconut as
\nits main basic material.<\/p>\n
Multipangan will also diversify its business into the
\nmanufacture of instant noodles, Bakrie added but it did not give
\nfurther details. (04)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/bakries-cooking-oil-mill-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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