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Indopoly Swakarsa Industry allocated about US$100 million for a capacity expansion of BOPP and BOPET films. It will add two BOPP machines in Purwakarta, Indonesia and Suzhou, China, raising annual capacity from 100,000 to 165,000 tons, and two metalizing machines, targeted to be operational by end-2024.
Mitsubishi Chemical Corporation, through subsidiary PT MC PET Film Indonesia, is building a new polyester film plant with 25,000 tons per year capacity and a US$130 million investment. Construction is targeted for completion by end of 2021.