DuPont sets up subsidiary
DuPont sets up subsidiary
Rendi A. Witular, The Jakarta Post, Jakarta
American conglomerate DuPont has set up an Indonesian
subsidiary, PT Du Pont Indonesia, to supervise all its operations
in the country and establish a stronger foothold for further
investment in the future.
The supervision was previously conducted by DuPont Far East
Representative Office, a division at the company's headquarters
in Wilmington, Delaware.
Du Pont Indonesia president Frank Moniaga said that by
establishing the new unit it expected to strengthen its supply
chain, enhance its distribution network and offer better customer
support in Indonesia.
"Indonesia is an important growth area for DuPont and it is
timely that we reaffirm our commitment to the country. PT Du Pont
Indonesia will enable faster execution and an improved capability
for innovation and value creation in the country," said Frank.
Frank added the company was interested in investing more in
Indonesia, but was withholding the investment plan until there
was a better investment climate in the country.
He said the company had invested more than US$100 million in
five companies in Indonesia, including two wholly-owned companies
PT Du Pont Agricultural Products Indonesia (DAPI) and PT Pioneer
Hibrida Indonesia (PHI); and three joint venture companies PT Du
Pont Powder Coating, PT Brant Mulia, and PT Indonesia Teijin
DuPont Films.
DAPI produces crop protection products at two plants in
Sidoarjo and one plant in Pasuruan, East Java; while PHI produces
hybrid corn seed at two plants in Malang, East Java, and
Kabanjahe, North Sumatra, respectively.
Du Pont Powder Coating, a joint venture with Herbert Indonesia
and Propan Raya, produces thermosetting powder coating used for
metal steel, aluminum and other metal coating applications. The
company situated its factory in Cikarang, West Java.
Branta Mulia, which situated its factory in Bogor, West Java,
produces nylon 6,6 tire cord. It does not reveal its partner in
Branta Mulia.
Indonesia Teijin DuPont Films, a joint venture with Japan's
firm Teijin, produces polyester film at its plant in Tangerang,
Banten.
Frank said that DuPont was the market leader in Indonesia in
the production of hybrid corn seed and powder coating. While its
largest export item from Indonesia was polyester film, which it
sends to Japan and China.
DuPont, which started business in Indonesia in 1975, currently
has 1500 employees in the five companies.
DuPont, which will celebrate its 200-year anniversary on July.
19, has 70 representatives companies around the globe.
DuPont's well known brands include Teflon, a non-stick
coatings for cookware products; Lycra, elastane fiber for
apparel; Tynex, nylon filament for toothbrush bristle; Kevlar,
para aramid fiber for bullets; Cordura, nylon for bags and
apparel; Antron, nylon flooring; and Surlyn, ionomer resin for
food packaging and golf ball covers.