Loading…
GEM Group and Xi'an Pump & Valve Plant signed a strategic cooperation framework MOU for pumps and valves at QMB Indonesia, with the Chinese partner setting up an R&D team to localize wet melting process facilities.
Coca-Cola Amatil Indonesia signed a Heads of Agreement with Dynapack Asia to develop a bottle-to-bottle grade PET recycling facility in Indonesia, starting with a proof of concept phase. The recycling could cut new plastic resin use by about 25,000 tonnes a year by 2022.
Asia Pulp & Paper unit PT Purinusa Ekapersada and Oji Holdings agreed a US$35 million joint venture, PT Oji Sinar Mas Packaging, to build a corrugated converting factory in Bekasi, West Java, expected online January 2020.