20 November 1997: Asahi Glass Co. of Japan recently announced that its first overseas engineering affiliate has started operations in Indonesia.
PT Glass Machinery Indonesia, was established in West …
20 November 1997: Asahi Glass Co. of Japan recently announced that its first overseas engineering affiliate has started operations in Indonesia. PT Glass Machinery Indonesia, was established in West Java in mid-September. Asahi Glass“s Tokyo-based glass-related engineering subsidiary provided the new company“s entire capital of US$ 300,000. PT Glass Machinery plans to construct new production plants and renovate facilities for four Asahi Glass Indonesian units which produce and sell flat glass and polyvinyl chloride. It also hopes to attract orders from other local firms. The new company“s sales target is 400 million yen for 1998 and 1 billion yen for the year 2000.