# Oji Holdings and PT Purinusa Ekapersada to build JPY 4bn corrugated plant near Jakarta

Oji Holdings and Purinusa Ekapersada have set up a joint venture to build a corrugated packaging plant about 50 km east of Jakarta, with Oji holding 55%. The investment totals JPY 4 billion (about €31 million) with start-up expected in January 2020.

- Type: New facility
- Announced: 2018-12-14
- Where: About 50 km east of Jakarta, Indonesia
- Value: $36.0M (4.00B JPY)
- Status: announced
- Products: corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Oji Holdings](https://endata.com/companies/693.md) (partner)
- [PT Purinusa Ekapersada](https://endata.com/companies/4343.md) (partner)

## Sources

- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/oji-expansion-in-indonesia/), 2018-12-14: "The companies confirmed the investment will total JPY 4 billion (approximately €31 million) and start-up is expected in January 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.