Indonesia’s chemical producer sets up company in Viet Nam

17/01/2008 -- 10:32 PM

Jakarta (VNA) – PT Lautan Luas Company (LTLS), a leading chemical producer and distributor of Indonesia, has set up its subsidiary company in Viet Nam through its company in Singapore, LTLS executive board has announced. The establishment of a company in Viet Nam, named Luatan Luas Vietnam Co Ltd (LLV) is aimed at enhancing the LTLS’s production and distribution system, Joshua Chandraputra Asali said at the Indonesia Securities on January 16. The LLV, operating in chemical production and distribution, has a total capital of 1.6 million USD and is owned by the Luatan Luas Singapore Pte. Ltd., Joshua Chandraputra Asali said.-Enditem
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