Tokyo (ANTARA) - Japan's Asahi Chemical has assured Indonesian Industry Minister Agus Gumiwang Kartasasmita of its commitment to build a Rp1.3 trillion plant in Indonesia when he met with the company's board of directors in Tokyo Monday. “Asahi Chemical will expand (its business) by building the seventh unit of its plants in Cilegon at a cost of Rp1.3 trillion," Kartasasmita said following a meeting with representatives of eight Japanese companies.
Asahi Chemical will produce 200 thousand metric tons of polyvinyl chloride (PVC) per year, the minister said.
Related news: Luhut convinces Japanese investors to invest in value-added products
At the meeting, Asahi Chemical asked about the supply of raw materials to support its production process in Indonesia, he said.
As the ministry responsible for developing industries, the industry ministry will assure the smooth supply of raw materials including salts for the production of PVC.
“At the meeting, Asahi also touched on the continuity of salt supplies. So, the industry ministry is the only agency issuing a recommendation in connection with the continuity of salt supplies, so we assured them of the availability of raw materials” he said.
Related news: Indonesia optimistic of receiving more Japanese investment
