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MONTHLY REPORT
INDONESIAN COMMERCIAL NEWSLETTER (ICN)

INDONESIAN  COMMERCIAL NEWSLETTER
       
May 2007
       
List of Contents

FOCUS: GOOD MOMENTUM TO ATTRACT FOREIGN FUNDS TO THE REAL SECTOR        1

INDUSTRY PROFILE:

DEVELOPMENTS OF POLYETHYLENE (PE) RESIN INDUSTRY        5

DEVELOPMENTS OF POLYPROPYLENE (PP) RESIN INDUSTRY IN INDONESIA        28

DEVELOPMENTS OF PVC RESIN INDUSTRY IN INDONESIA        46

COMPANY PROFILE: BARITO PACIFIC GROUP        60

INDUSTRY:

PLASTIC BAGS AND SACKS DOMINATE DOMESTIC PLASTIC GOODS PRODUCTION        65
  • Java, production center for plastic bags and sacks        65
  • Main players in plastic bag and sack industry        63
  • Production of plastic bags and sacks stagnant        68
  • Exports of plastic bag and sacks        68
  • Imports        69
  • Conclusion        69

INFRASTRUCTURE PROJECTS EXPECTED TO PUSH UP DEMAND FOR PLASTIC PIPES        70
  • Description of product        70
  • Production capacity unchanged        71
  • West Java plastic pipe production center        72
  • Big players        73
  • Export and imports        74
  • Consumption up slightly        74
  • Conclusion        75

CORPORATE NEWS IN BRIEF:
  • Carrefour to reinvests income in Indonesia        76
  • Indomobil to team up with Chinese principals        76
  • CP Prima wins tender to buy Dipasena        76
  • Indofood to acquire Lonsum        77
  • CAPC wholly takes over Styrindo Mono Indonesia        77
  • Setdco seeking to expand operations to Russia        77

ECONOMIC NEWS IN BRIEF:
  • United State imposes more penalty on Indonesia cacao        78
  • Russia to build satellite launching center in Papua        78
  • Govt. to oppose U.S. countervailing duty on Indonesian paper        78
  • Indonesia wants to speed up signing of EPA with Japan        78
  • Government to launch land reform        79
  • Gas production falls short of target        79
  • Foreign contractors no longer need local partner        79

APPENDICES:
  • Directory of plastic resin industry in Indonesia        80

ECONOMIC INDICATOR:
  • Oil Prices        82
  • Foreign Exchange and Gold Price in Indonesia        83
  • The Indonesian Economic Trends        84

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