PT. Tri Polyta Indonesia Tbk.
PT. Tri Polyta Indonesia Tbk is the largest Indonesian producer of polypropylene resins. Downstream converters use our resins in the manufacturing of a wide range of consumer products.
The Company was established in 1988 and commercial production started in 1992.
The Company market its product, under Trilene ®, trade name. The Company holds the largest domestic market shares and has started to build its existence in Asian market through export.
The plant is located in the petrochemical complex in Cilegon, West Java which consists of three trains and utilizes UNIPOL® gas-phase technology, developed by Union Carbide Corporation and Shell Chemical Company. The three trains have a combined annual capacity to produce between 360,000 to 380,000 metric ton, depending on the production mix.
Debt Restructuring について
PTニッショク トリポリタ アクリリンド (日本触媒とのJV解消）
Indonesia Barito to take 75.95% share in PP firm Tri Polyta
business group Barito Pacific, which owns 70% of
olefins company Chandra Asri, plans to buy a
75.95% share in local polypropylene producer Tri Polyta, sources close to Tri
Polyta said Tuesday.
PT Tri Polyta
Indonesia Tbk Announces Progress on its Debt Restructuring
Management of PT. Tri Polyta Indonesia Tbk. announced today Oaktree Capital Management, LLC, as the general partner and/or invesment manager of certain funds and accounts it manages, Cerperus Capital Management LLC, as a manager of certain funds and accounts it manages, Principal Life Insurance Company, Marathon Asset Management, as investment manager for Marathon Special Opportunity Fund Ltd., and The Pilgrim Funds, which together own in excess of 70 percent of the Company's outstanding 11 3/8% Guaranteed Senior Notes (the "Notes"), have agreed to support a financial restructuring of the Notes, on the condition that the restructuring reflects the essential elements of the restructuring proposal announced by the Company on June 13, 2000.
June 1, 1999
PT Tri Polyta Indonesia Tbk Announces The Company's Intention to Pursue the Restructuring of its US$ 185 million 11 3/8% Guaranteed Secured Notes Due 2003
Management of PT. Tri Polyta Indonesia Tbk (NYSE : TPI, JSX : TPIA) announced today that the Company intends to pursue the restructuring of its 11 3/8% Guaranteed Secured Notes Due 2003 (Notes).
In light of the Company's poor operating results, the management has decided to pursue a restructuring of the Company's Notes. Management stated that it intends to announce soon the appointment of a financial advisor to assist in the restructuring of the Notes and would not make any further determination as to the June 1st, 1999 interest payment on the Notes until the Company has consulted with the appointed financial advisor in the restructuring.
PT. Tri Polyta Indonesia Tbk, is an Indonesian polypropylene manufacturer with modern facilities located in Cilegon, West Java, Indonesia.
March 17, 2000
PT Tri Polyta Indonesia Tbk
Announces Tri Polyta Terminates Acrylic Acid Joint Venture
PT Tri Polyta Indonesia Tbk (JSX: TPIA) announced today that it has provided notice of its withdrawal from PT. Nisshoku Tripolyta Acrylindo ("NTA"). NTA is A joint venture formed in 1996 with Nippon Shokubai Co. Ltd. and Tomen Corporation to manufactu re Acrylic Acid and Acrylic Ester. Tri Polyta owns a 45% interest in NTA. NTA commenced commercial production in late 1998 and has been unprofitable.
(2000/6/19 日本触媒 発表）
PTニッショク トリポリタ アクリリンドの株式の取得（子会社化）に関するお知らせ
異動する子会社（ＰＴ ニッショク トリポリタ アクリリンド）の概要
(１)商号 PT Nisshoku Tripolyta Acrylindo
(２)代表者 大西 隆 / President Director
(３)所在地 インドネシア共和国 ジャカルタ市
(８)主な事業所 インドネシア共和国 西ジャワ州アニール
PT Tri Polyta Indonesia Tbk ４５％
株式の取得先 PT Tri Polyta Indonesia Tbk
異動後の所有株式数 ５４，５４５千株（所有割合 ９０．９％）