Bodal Chemicals forms Indonesia subsidiary
Chemical

Bodal Chemicals forms Indonesia subsidiary

The company has an authorized capital of 10,000,000 shares of Indonesia Rupiah 1,000 per share aggregating to Ten billion Rupiah

  • By Pravin Prashant | May 25, 2021

Bodal Chemicals Limited has formed Indonesia subsidiary PT Bodal Chemicals Indonesia incorporated in Jakarta on 18th May, 2021.

PT Bodal Chemicals Indonesia is a wholly owned subsidiary company of Bodal Chemicals Limited. The company has an authorized capital of 10,000,000 shares of Indonesia Rupiah 1,000 per share aggregating to Rp 10,000,000,000 (Ten billion Rupiah). 

The Paid up Capital is 2,500,000 shares of Rp 1,000/­ per share aggregating to Rp 2,500,000,000/­equivalent to Indian Rupees 1.27 crores approximately. 

The Indonesian subsidiary will focus on trading (including wholesale trade) of Dyes and other related Chemicals and Basic Chemicals ingredients. 

Bodal Chemicals Limited (BCL) is an integrated and innovative company, offering end-to-end solutions to our customers globally. The company is among the world’s largest manufacturer and exporter of Dyes Intermediate, Dyestuff and Sulphuric Acid, vertically and horizontally integrated product solutions and service solutions on the fastest possible route to their customers. The company has its presence not only in India but across the globe and serves around 50+ countries.

 BCL has its manufacturing units across Gujarat where the company manufactures different products. The company has nine manufacturing units in Gujarat, four in Ahmedabad, three in Vadodara and two in Ankleshwar. Manufacturing units develop products for textile, paper, plastic, leather and many other specialty chemicals.

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