From http://yosef-ardi.blogspot.com/2006/05/eterindo-sales-jump-284.html Eterindo sales jump 284%
Listed chemical company and the first major producer of biodisel, PT Eterindo Wahanatama Tbk reported 284% growth in sales revenue in 2005 at Rp407.44 billion.
According to its behind the schedule publication of 2005 financial report, Eterindo recorded lower operating profit at a mere Rp722 million. But the company managed to book net loss of Rp2 billion, dropped significantly from Rp38 billion in 2004.
Eterindo started to supply biodiesel to state-owned oil and gas company Pertamina few weeks ago. The company produces 60 tones/day of biodiesel and is working on expansion to bring the capacity to 200,000 tones per year.