Birla expands business

Birla expands business

JAKARTA (JP): The Birla Group of India, which currently
operates four companies in Indonesia, is investing US$50 million
this year for the expansion of its businesses here.

The group announced yesterday that part of the investment will
be used to expand the production capacity of the group's PT Indo
Bharat Rayon, which manufactures rayon fiber in Purwakarta, West
Java.

Under its expansion plan, Indo Bharat Rayon, currently
operating two production lines, will install another line, so
that in can produce up to 250 tons of fiber a day next year.

Barely Group, which has thus far invested $350 million in
Indonesia, has total annual sales of about $220 million through
its four companies -- PT Indo Bharat Rayon, PT Sunrise Bumi
Textiles, PT Elegant Textile Industries and PT Indo Liberty
Textiles.

Besides Indonesia, the business group also invests in
Thailand, the Philippines, Malaysia and Egypt. (01)