Protech to Build US$50 Mln Bio Propylene Glycol Plant in Indonesia

By Editorial Team 24/05/2022
Summary

PT Protech Mitra Perkasa Tbk (OASA) is finalizing plans to build a factory producing bio propylene glycol (Bio PG), an alternative substance widely used in many industries, including pharmaceutical and food cosmetics, and chemicals. The construction of the first Bio PG factory in Indonesia, with a total investment of US$50 million, will begin in 2023.

Protech Mitra Perkasa president director Bobby Gafur Umar revealed that the decision to venture into the chemical industry is in line with the company's commitment to the green industry. "Since I became the primary controller at OASA, I have been committed to developing the company into one of the leading players in the renewable energy sector," Bobby elaborated on Monday. The project is also in accordance with the government's net-zero emissions target.

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