JAPAN’S AJINOMOTO UNVEILS INDONESIAN JOINT VENTURE
October 1st, 2012
BY KEITH NUTHALL
JAPANESE cosmetics ingredients company Ajinomoto has unveiled a joint venture with Indonesia chemical company PT Lautan Luas Tbk (LTL). Western Java-based PT Lautan Ajinomoto Fine Ingredients will use amino acids to manufacture cosmetics ingredients, especially for Asia customers. A plant at Bekasi Regency (district) will begin manufacturing in late 2013, with investments totalling USD 6 million. Ajinomoto currently only manufactures in Japan. It said "since further growth is also expected in emerging markets, particularly in Asia, [it ...
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