Multistrada investing to increase capacity
According to Pieter Tanuri, Indonesia’s PT Multistrada Arah Sarana aims to increase its domestic market share from 13 to 15 per cent in the next two or three years. The president director was quoted by The Jakarta Post as saying this two per cent rise would be achieved through increasing total production capacity to around 17 to 18 million tyres per annum over the next year. Currently, Multistrada produces ten million car tyres and six million motorcycle tyres.
Tanuri said the tyre maker has purchased equipment that will support its expansion plans. So far, the company has utilised around 70 per cent of the US$40 million allocated for capital expenditure this year. A portion of this has gone into reducing plant bottlenecks and balancing production capacity.