Friday, July 21, 2006

Yani Alifen, new CEO of UIC

Listed chemical company PT Unggul Indah Cahaya (UIC) Tbk, the largest detergent raw material producer in South East Asia, promoted Yani Alifen as its new president director/CEO replacing Hartono Gunawan.

Mr Alifen was vice president director of UIC since 1995. Yani is also treasurer of Petra Christian University Foundation.
Meanwhile Mr Gunawan has been appointed chairman of commissioners of UIC replacing Andi Hartandi. Gunawan is also the chief of Salim Group's chemical division.
UIC is a JV between two conglomerates, Salim & Wings Group. The company produces alkyl benzene sulphonate (ABS), the raw material for detergents and other surfactants.
Wings is owned by two families, Katuari & Sutanto. Handoyo Sutanto is the new director at UIC, while Hanny Sutanto and Teddy Jeffrey Katuari as commissioners. Plus Jimmy Masrin from Lautan Luas (key partner of Wings), may be the war between Salim-Wings in noodle business as I posted many times in the past has been in Wings' favour. What do you think?

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1 Comments:

Anonymous Anonymous said...

Wings and Salim has begun their all-out war. And it looks like Wings have taken control of the UIC board

July 21, 2006 1:04 PM  

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