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Asahi Glass Hikes Chlor-Alkali Capacity in Indonesia

6:53 AM MDT | June 2, 2011 | Natasha Alperowicz

Asahi Glass (Tokyo) says it will invest Y5 billion ($61.5 million) to expand capacity of its chlor-alkali manufacturing complex at Cilegon, Indonesia, belonging to PT Asahimas Chemical. Asahimas Chemical is a joint venture in which Asahi Glass holds a 52.5% interest, Mitsubishi Corporation 11.5% and local parnters, Rodamas and Ableman Finance have 18% each. The project will increase capacity of caustic soda by 30% to 500,000 m.t./year by the first quarter of 2013. Indonesian caustic soda demand grew by 10% during 2010, reaching about...

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