| Business Summary | | P.T.
TRI
Polyta
Indonesia
Tbk
is
a
producer
of
petrochemical
plastics
known
as
polypropylene
resins.
The
Company's
products
are
used
in
the
manufacture
of
a
wide
range
of
consumer
goods,
including
food
packaging,
carpets
and
plastic
housewares.
The
Company
commenced
commercial
production
at
its
plant
in
August
1992,
with
two
initial
production
trains
having
a
combined
design
capacity
of
160,000
tons
per
year.
Since
that
time,
the
Company
has
completed
a
series
of
extensive
de-bottlenecking
and
capacity
improvement
programs
resulting
in
a
current
capacity
of
360,000
tons
per
year.
The
Company
currently
has
three
production
trains,
one
of
which
is
capable
of
producing
impact
copolymers,
a
more
sophisticated
and
higher
value-added
polypropylene
resin. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PTPIY
is
an
Indonesian
producer
of
polypropylene
resins
that
are
used
in
the
manufacturing
of
a
wide
range
of
consumer
products,
including
food
packaging,
carpet
backing
and
plastic
housewares.
For
the
fiscal
year
ended
12/31/98,
revenues
rose
50%
to
Rp1.088T.
Net
loss
applicable
to
U.S.
GAAP
fell
9%
to
Rp367.68
billion.
Revenues
reflect
an
increase
in
the
average
selling
price
per
ton
of
polypropylene.
Lower
loss
was
partially
offset
by
a
higher
foreign
exchange
loss. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Iman Umar | Chairman
and Pres | Peter Yong | Assistant
CEO, VP | Henry Prlbadi | Vice
Chairman | Saryandi | Exec.
VP - Fin. | Norbert Radziwon | Exec.
VP for Manufacturing and Operations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|