ICI plans plant in Indonesia

Mon, 05 Dec 1994 | Source: AFP

LONDON (AFP): Imperial Chemical Industries (ICI) has announced that it would invest 16 million pounds (US$25 million) in building a paint factory in Indonesia, at the Cikarang industrial center 60 kilometers east of Jakarta.

The project, still subject to approval by the Indonesian authorities, will be carried out in the form of a joint venture with Indonesian conglomerate PT Dwi Satrya Utama.

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