Bakrie to raise film output

Bakrie to raise film output

JAKARTA (JP): PT Bakrie Diafoil, a joint venture between the
Bakrie Group of Indonesia and Diafoil Hoechst Co. Ltd. of Japan,
will expand its polyester film capacity by 20,000 tons per annum.

Diafoil Hoechst said in a statement on Wednesday that Bakrie
Diafoil will start building its second polyester film line in the
second half of this year.

The statement said Diafoil Hoechst's shareholders, Hoechst AG
and Mitsubishi Chemical Co., plan to spend over US$300 million
worldwide, including in Indonesia, to increase its polyester film
capacity by more than 80,000 tons. (rid)