Indonesian Political, Business & Finance News

South Korean Chemical Firm Dongsung Inaugurates Rp1.5 Trillion Factory in Karawang

| Source: GALERT
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, inaugurated Dongsung Chemical, a South Korean chemical company producing polyurethane (PU), in Karawang, West Java.

At the inauguration, Rosan stated that the factory investment demonstrated that Indonesia remains an attractive investment destination, even for companies with high-technology products.

"The presence of this factory once again proves that Indonesia is not only an attractive investment destination in the eyes of investors, but is also trusted as a production and export hub for high-technology products. This investment will create jobs and strengthen Indonesia's position in the global supply chain," said Rosan in an official statement on Friday, 2 May 2025.

The factory is built on 82,000 square metres of land, with a building area of 23,000 square metres and an investment value of Rp1.5 trillion. It is the largest production facility owned by the company, exceeding production capacity in its home country.

Dongsung Chemical's products are used across various sectors, including automotive (seats, headrests, interior linings), footwear (shoe soles and adhesives), household goods (mattresses, sofas, waterproof coatings), as well as manufacturing and construction (sealants, adhesives, surface protectors).

Dongsung Chemical Chairman Baek Jeong-ho said the company's investment in Indonesia was not merely to increase production capacity, but also part of its strategy for continued expansion and growth.

"This new factory in Indonesia is the best PU system production base in Southeast Asia, serving as a strategic global hub reaching from Asia to Latin America and Europe. This is not simply an expansion of production facilities but also an important milestone in broadening the technology and global vision of Dongsung Chemical," said Baek.
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