Plastic processor Indopoly Swakarsa Industry (IPOL) allocates capital expenditure (capex) of US$8 million for developing its business this year. In 2016, it spent capex of US$20 million. The Company plans to build new factory in Purwakarta and China for boosting production capacity of its high end film. IPOL will add vacuum metalizing machine for Purwakarta facility and upgrade machine in China facility. The facility in Purwakarta now produces 65,000 tons per year while China facility produces 25,000 tons per year. In 2016, IPOL booked net profit of US$6.02 million on sales of US$195.63 million.
