Indonesian Political, Business & Finance News

Hydrogen peroxide plant

| Source: JP

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)

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