Bakrie's cooking oil mill

Bakrie's cooking oil mill

JAKARTA (JP): PT Bakrie & Brothers will build palm oil and
cooking oil plants with a total investment of Rp 45 billion
(US$19.56 million) in Kerawang, West Java, the company said in a
statement yesterday.

The statement said the planned cooking oil mill, which will
have an annual production capacity of 60,000 tons, is scheduled
to start commercial production in early 1997.

The company said the palm oil plant, designed with an annual
capacity of 100,000 tons, will start commercial production in the
middle of 1997.

The palm oil plant will be managed by PT Kilang Vecolina and
the cooking oil plant by PT Multipangan Selina. Both firms are 99
percent owned by Bakrie with the remaining one percent held by
businessman Darwies Ibrahim.

The statement said Kilang Vecolina will eventually build a
coconut oil mill and a food processing factory using coconut as
its main basic material.

Multipangan will also diversify its business into the
manufacture of instant noodles, Bakrie added but it did not give
further details. (04)