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Home > Company Index > Chemicals > Plastics & Fibers > PT. Tri Polyta Indonesia Tbk

PT. Tri Polyta Indonesia Tbk
OTC: PTPIE
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 PROFILE
PT. Tri Polyta Indonesia wraps things up. As Indonesia's largest manufacturer of polypropylene resin, the company's primary products include film resins and yarn resins, used in food packaging, garment and fabric bags, tobacco wrap, paper lamination, and woven sacks. Other major applications include appliance and auto parts and furniture. It sells its products under the Trilene brand, primarily in Indonesia, but also exports to other points in Asia. While Indonesian tariffs insulate it from foreign competition, the struggling company failed to meet interest payments on secured notes in 1999 and 2000. Tycoon Prajogo Pangestu controls almost 60% of the company.

 COMPETITION
BASF Aktiengesellschaft (BF)
Formosa Plastics Corporation (dossier)
Hyundai Group (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 167.80
1-Yr. Sales Growth: 5.7%
Employees: 665
Revenue per employee: $252,330.83

 KEY PEOPLE
• Imam Sucipto
    CEO

 CONTACT INFO
Menara Kebon Sirih, 11th Fl., Jalan Kebon Sirih 17-19
Jakarta 10340, Indonesia
Phone: 62-21-392-9828
Fax: 62-21-392-9818
Online: Web Site

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