Hempel sets up new venture

Hempel sets up new venture

JAKARTA (JP): Danish paint maker Hempel established a joint
venture with PT Unimas Chemicals and Coatings on Monday in a bid
to boost its operations in the country.

The president of Hempel, Guido B. Eelen, said on Tuesday that
the venture would streamline Hempel's operations by centralizing
the tasks of the two firms under the name of PT. Hempel Coatings
Indonesia.

"With the establishment of this new company, we have started
the process of concentrating all of the marketing and production
activities of Hempel in this company," he said during a ceremony
marking the donation of basic necessities to people living near
Hempel's factory in Bekasi, West Java.

Earlier, company director Dahlan Hussein said that Hempel was
served by two companies, PT Hempelindo, which markets and
distributes Hempel's products, and PT Unimas, which produces raw
materials for Hempel.

Hempel, which produces marine paints and protective paints,
has been marketing its products in Indonesia since the mid-1970s,
and began to produce its products in Indonesia in 1985. (gis)