Wed, 10 Aug 1994

Hydrogen peroxide plant

JAKARTA (JP): The Risjad Brasali business group will establish Southeast Asia's biggest hydrogen peroxide plant in Bekasi, West Java, with an investment of Rp 170 billion (US$78.37 million).

The planned plant is expected to start operating in early 1996 with a capacity of 30,000 tons per annum. About 60 percent of its production will be sold domestically with the remainder to be exported.

Forty percent of the cost for its construction will financed by the group, which is owned by Ibrahim Risjad, Budi and Aldo Brasali, and the other 60 percent by loans from a syndication of domestic banks led by the state-owned Bank Rakyat Indonesia.

Hydrogen peroxide is a chemical substance used for the production of paper, textiles, plywood and rattan and for waste processing. (yns)