Data slipup
We refer to the article on a joint venture for a lube oil plant in The Jakarta Post on Jan. 13 this year. We would like to inform you that the proposed Medan plant will be built by a joint venture with Caltex Asia Ltd, a wholly owned subsidiary of Caltex Petroleum Corporation, and not with PT Caltex Pacific Indonesia which is solely engaged in upstream activities in Sumatra.
The joint venture agreement for the Medan plant was signed by Pertamina, Caltex Asia Ltd and PT Andalas Nusamas in December 1997, and is currently in process for submission to the Investment Coordinating Board (BKPM).
ALBERT R. CURRIE
Representative
Caltex, Jakarta