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Indonesia Colorants JV

8:11 AM MDT | July 20, 2012

Holland Colours (Apeldoorn, the Netherlands), a producer of colorants and additives for the plastics industry, and Gaypa (Quinto Vicentino, Italy) have agreed to form a joint venture in Indonesia. The jv, PT Holco Indo Jaya, will make Holland Colours’ Holcomer UHT product line. Holland Colours and its Indonesian subsidiary PT Holland Colours Asia will jointly have 85% of the jv and Gaypa will hold the rest. The jv will build a plant at Surabaya for startup in...

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