MRF exhibiting at Tyre & Rubber Indonesia 2017
MRF Tyre has confirmed it will exhibit at Tyre & Rubber Indonesia 2017 from 29 March – 1 April 2017 at JIExpo Kemayoran Jakarta, Indonesia.
Indonesia
MRF Tyre has confirmed it will exhibit at Tyre & Rubber Indonesia 2017 from 29 March – 1 April 2017 at JIExpo Kemayoran Jakarta, Indonesia.
Yesterday in Bali, French football team Paris Saint-Germain and its tyre partner, Indonesian manufacturer PT Multistrada Arah Sarana. Tbk, announced the forthcoming opening of a year-round Paris Saint-Germain Academy run by Indonesian first-division club Bali United. This announcement is supported by the implementation of an exchange programme on training skills and methodology between both clubs through the Parisian youth development academy.
According to Pieter Tanuri, president director of Indonesian tyre maker PT Multistrada Arah Sarana Tbk, the company is aiming for a “ten to 15 per cent increase in revenue” during 2016. Multistrada intends to support this rise through higher exports and will accommodate this hoped-for increase in unit sales by boosting production capacity for both car and motorcycle tyres. “Exports are the highest sales contributors,” noted Tanuri, adding that sales in export markets account for 70 per cent of total company sales.
There is strong evidence Indonesia will eventually replace Thailand as the main automotive production hub in the Association of Southeast Asian Nations (ASEAN), according to Markus Scherer, global automotive sector leader at Ipsos Business Consulting. This could have major implications for automotive manufacturers and suppliers as well as policy planners in both countries, Scherer said.
PT. Global Expo Management (GEM Indonesia) claims that Tyre & Rubber Indonesia 2016, which will be held alongside several other automotive industry shows between 29 March and 1 April, will be the “biggest and most prospective” trade exhibition for tyres, rubber, bus, truck and automotive parts in the ASEAN region. The organiser anticipates that this year’s show will be 20 per cent larger than the 2015 event, which attracted 24,710 trade visitors.
Taiwan’s Kenda Rubber intends to significantly increase investment in Vietnam and establish a large passenger car tyre plant there. In an interview with Channel NewsAsia correspondent Victoria Chen, company chairman Yang Ying-ming said NT$10 billion (£200.5 million) would ultimately be invested to erect this facility, which will most likely be Kenda’s largest tyre factory and boast production capacity rivalling that of Kenda’s operation in China.
Yokohama Rubber has confirmed its participation in the Gaikindo Indonesia International Auto Show 2015, which will take place in the Jakarta ‘new town’ of Bumi Serpong Damai between 20 and 30 August 2015. The tyre maker will be represented by its local sales agent, PT YHI Indonesia, and will display its consumer tyre portfolio. A panel of players from Chelsea FC will also appear at the Yokohama booth during the show to promote the company’s partnership with the Premier League football club.
PT Evoluzione Tyre, the joint venture that factory Astra Otoparts established with Pirelli following the signing of an agreement in April 2012, is scheduled to enter production this month. Astra Otoparts says the factory’s production target for 2015 is 2 million motorcycle tyres and the total planned annual output is 7 million pieces; 4 million of these will be Pirelli or Metzeler branded tyres that will be sold in the domestic and export markets, and the remaining 3 million will be manufactured under Astra Otoparts’ Aspira brand name for sale both in Indonesia and abroad. Pirelli holds a 60 per cent share in the joint venture and Astra Otoparts the remainder.
Astra Otoparts, the Indonesian automotive component company that has partnered with Pirelli to set up a motorcycle tyre factory, has entered into an agreement with Bridgestone Corporation to establish another joint venture manufacturing company. This latest JV is non tyre-related and involves the manufacture of vibration rubber products for motor vehicles. The agreement was concluded in Jakarta on 2 July and was signed by Yasuhiro Suzuki, director of Bridgestone’s Diversified Original Equipment Division, and Hamdhani Dzulkarnaen Salim and Djangkep Budhi Santoso, president director and director of Astra Otoparts.
Although sales at PT Gajah Tunggal Tbk dipped 3.9 per cent (to Rp 3,075 billion, or £146.4 million) in the first quarter of 2015, this decline was attributed to challenges in the domestic market. The Indonesian tyre maker speaks of strong export market performance, and company president director Christopher Chan Siew Choong confirmed this focus at Gajah Tunggal’s annual and extraordinary meeting of shareholders on 29 June. In particular, he indicated that the USA shows particular potential.
Indonesia’s national annual tyre production currently exceeds 75 million units, with the Jakarta post suggesting there is room for more. With this in mind, the 9th Rubber & Tire Markets will take place in Jakarta, Indonesia between 19 and 20 August 2015, with a line-up pitched at those tyre manufacturers seeking growth in Asian markets.
Michelin has invested US$55 million for a 47 per cent share in a joint venture with the Barito Pacific Group (BPG). The two parties will work in Indonesia on the production of natural, eco-friendly rubber in a project that involves the reforestation of three concessions that were previously ravaged by uncontrolled deforestation, a total area of 88,000 hectares.
Following the appointment of Junichi Kumano as director of Bridgestone Corporation’s Aircraft Tire business division in February, Yoshikazu Shida has been named Kumano’s successor in his previous role of president director of PT. Bridgestone Tire Indonesia. Shida’s appointment to the Bridgestone subsidiary was officially announced at a ceremony on 6 March.
The introduction of Maxxis’ (Cheng Shin Rubber) manufacturing plant in Indonesia has been warmly welcomed by the country’s president-elect, and the local industry will have the chance to see the company’s plans up close. Maxxis will exhibit at Tyre & Rubber Indonesia 2015 between 18 and 22 March 2015 at JIExpo Kemayaran, Jakarta, with a 144sqm booth.
Kordsa Global has opened its second site in Indonesia. The company invested US$100 million in the project and the plant, located in Bogor-Citeureup (Java) includes an 18 kiloton tyre cord fabric facility and a 14 kiloton third and fourth-generation polyester HMLS yarn facility. Over 200 people will be employed at the two operations. The site’s official opening was attended by Sabanci Holding chairperson Guler Sabanci, Mehmet Pekarun, SBU industry president of Sabanci Holding and chairman of Kordsa, Cenk Alper, Kordsa Global CEO, officials from Indonesia’s government and local administrators.
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