{
    "success": true,
    "data": {
        "id": 1274355,
        "msgid": "summitplast-plans-new-factory-1447893297",
        "date": "2000-11-21 00:00:00",
        "title": "Summitplast plans new factory",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Summitplast plans new factory JAKARTA (JP): PT Summitplast Interbenua, a plastic component producer, will build its third factory in its industrial compound in the Lippo Cikarang industrial estate next year. The company said on Monday that it would spend about Rp 50 billion (about US$5.4 million) for the construction of the new factory. About Rp 32 billion of the total fund for the new factory would come from the proceeds of the company's recent initial public offering (IPO).",
        "content": "<p>Summitplast plans new factory<\/p>\n<p>JAKARTA (JP): PT Summitplast Interbenua, a plastic component<br>\nproducer, will build its third factory in its industrial compound<br>\nin the Lippo Cikarang industrial estate next year.<\/p>\n<p>The company said on Monday that it would spend about Rp 50<br>\nbillion (about US$5.4 million) for the construction of the new<br>\nfactory.<\/p>\n<p>About Rp 32 billion of the total fund for the new factory<br>\nwould come from the proceeds of the company's recent initial<br>\npublic offering (IPO).<\/p>\n<p>Summitplast, which is jointly owned by Dynaplast, Japan's<br>\nSumitomo Corporation and PT Panca Teladan, operates two factories<br>\none in Tangerang and the second in Bekasi, West Java, with a<br>\ntotal production capacity of 280,000 metric tons per annum. (hen)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/summitplast-plans-new-factory-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}