Tri Polyta Company Description
PT. Tri Polyta Indonesia wraps things up. As Indonesia's largest manufacturer of polypropylene resin, the company's primary products include film resins and yarn resins, used in food packaging, garment and fabric bags, tobacco wrap, paper lamination, and woven sacks. Other major applications include appliance and auto parts and furniture. It sells its products under the Trilene brand, primarily in Indonesia, but also exports to other points in Asia. While Indonesian tariffs have insulated it from foreign competition in the past, the struggling company failed to meet interest payments on secured notes from 1999 through 2002. Indonesian company Barito Pacific controls 76% of the company.
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The Company Description provides a historical perspective of Tri Polyta's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Tri Polyta's evolution in the marketplace.
