Tri Polyta gets advisor

Wed, 23 Jul 1997, 00:00 WIB | Source: JP

JAKARTA (JP): PT Tri Polyta Indonesia said yesterday it had
appointed Merrill Lynch as its financial advisor on negotiations
with PT Chandra Asri regarding long-term supplies of propylene.

Tri Polyta, listed on the Jakarta and New York stock
exchanges, makes polypropylene resins used to manufacture
household and industrial plastic products.

It is Indonesia's sole producer of co-polymer resin which is
used in higher value-added applications. (pwn)

View JSON | Print