Bakrie-Diafoil PET plant

JAKARTA (JP): PT Bakrie Diafoil, a joint venture between PT Bakrie Kasei Corp. and Diafoil Hoechst of Japan, is building a US$30 million polyethylene film plant, slated to come on stream next March.

PT Bakrie Diafoil is 80-percent owned by Diafoil Hoescht and 20 percent by Bakrie Kasei, a joint venture company between Indonesian Bakrie & Brothers and Kasei Corporation of Japan.

The plant project in Cileogon, West Java, is designed with an annual production capacity of 4,200 tons, a company statement said yesterday.(04)