Tirtamas major comeback
Hashim Djoyo, Al Njoo, and Honggo are partners who established Tirtamas, one of the strongest group during Soeharto years. They lost almost all of their assets to settle huge debts to IBRA. But the group gets out of the financial collapse and comeback in a big way. Giant petrochemical assets at PPA (successor of IBRA) such as polypropylene producer Polytama and aromatic center Tuban Petrochemical may well on the top of the list.
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