Friday, April 19, 2024

Tag: Manufacturing

The Indonesian Ministry of Industry is anticipating impact of the Iran-Israel conflict on the national petrochemical industry. […]
PT Merdeka Battery Materials (MBMA) has secured a fresh fund of US$ 490 million through a loan facility. The funds, which will be allocated to its subsidiary ESG New Energy Material, are sourced from Bangkok Bank Public Company Limited, Bank Mandiri, and Bank BNI. […]
PT Chandra Asri Pacific of Chandra Asri Group, a leading chemical solutions and infrastructure company in Indonesia, has inked a memorandum of understanding (MoU) with State-owned water resource management company Perum Jasa Tirta II (PJT II). […]
The recent China Homelife International Trade Exhibition, in Jakarta, has sparked interest from several Chinese companies to invest in Indonesia by relocating their factories. […]
State energy companies have been proactive in supporting the establishment of ecosystems for hydrogen-based vehicles in Indonesia, yet there are still challenges in presenting hydrogen vehicles on a large scale in the country.  […]
Indonesia’s dream of becoming a manufacturing hub for pharmaceutical and medical equipment industry is gradually becoming a reality with the influx of Chinese investment in the healthcare sector, thanks to various incentives provided by the government. […]
The global tin supply is projected to be disrupted if there is a drastic decrease in production from Indonesia, one of the main producers, which is partly triggered by the domino effect of corruption cases in PT Timah (TINS). […]
PT Adaro Minerals Indonesia (ADMR), a subsidiary of PT Adaro Energy Indonesia (ADRO), has unveiled the latest developments regarding Adaro MetCoal Companies (AMC) operating in Central Kalimantan and the aluminum smelter project in North Kalimantan. […]
The Ministry of Industry has targeted a total investment in the base metal industry of US$ 340.6 billion (IDR 5,353 trillion) by 2029. […]
PT Virtue Diagnostics Indonesia says the establishment of an In Vitro Diagnostics (IVD) medical equipment manufacturing plant can significantly reduce Indonesia’s import dependence in the future. […]
Chandra Asri Group has appointed Singapore-based bank OCBC as advisory bank as well as mandated Lead Arranger and Bookrunner for its USD600 million multi-currency term loan facility.  […]
The Indonesian government’s dream of managing natural resources from the earth’s content to the final product, known as downstreaming, has started to become a reality in Morowali Regency, Central Sulawesi.  […]
Indonesia is poised to commence mass production of electric vehicle (EV) batteries starting from April 2024, a Special Staff to the Minister of Investment/Chairman of the Investment Coordinating Board (BKPM) has said. […]
The Indonesian Medical Device Manufacturers Association (ASPAKI) assesses the potential of domestic medical device industry with a market share value reaching US$2.2 billion per year. […]
The Indonesian Ministry of Industry asks manufacturing companies to embrace the principles of green industry in their production processes. […]
The Purchasing Managers’ Index (PMI) for Indonesian manufacturing in February still reflects an expansive manufacturing sector although the country booked a score of 52.7, a slight decrease from January’s 52.9. According to the S&P Global index, manufacturing production showed an upward trend in February, with growth rates remaining solid despite a decline compared to January. […]
A big global electric motorcycle manufacturer from an Asian country has shown interest in investing in Indonesia, eyeing a manufacturing plant site in West Java’s Bekasi and Karawang regencies, an official with the Coordinating Ministry for Maritime Affairs and Investment said on Thursday. […]
PT VKTR Teknologi Mobilitas (VKTR), a subsidiary of the Bakrie Group, has commenced the construction of Indonesia’s first Completely Knock Down (CKD) electric bus and truck facility. […]
Minister of Industry Agus Gumiwang Kartasasmita praises the Indonesian manufacturing industry’s remarkable growth surpassing the average growth of other countries, including South Korea and Brazil. […]
The Ministry of Industry (Kemenperin) reports that the performance of manufacturing exports reached US$186.98 billion or equivalent to Rp2,932 trillion in 2023. Non-oil and gas exports contributed 72.24 percent of the total national export value of US$258.82 billion in 2023. […]
Indonesia faces challenges in a 7% economic growth target, primarily due to the uncertainties in the global economy and inneficient investment in the country, resulting in commodity price weakness. As of 2023, Indonesia’s economic growth was at 5.05%, a decline from previous year 5.31%. […]
As the world’s largest owner of raw materials and resources, Indonesia should have lithium battery factory, an expert said. […]
Experts and observers in the energy and mining industries have expressed their confidence on the prospect of nickel use in the future, while citing that this typical silvery metal with its corrosion resistant capacity at high temperatures is used in a variety of industries. […]
The Ministry of Industry is banking on the use of steel, plastic, and rubber as raw materials for medical equipment to reduce the proportion of medical equipment imports, which currently stands at 88 percent. […]
With a steadfast commitment to innovation and expansion, PT Indonesia Plafon Semesta, a leading PVC Ceiling manufacturer, continues to chart new territories in its entrepreneurial journey. […]
Indonesia’s domestic tire industry is entering a challenging period, marked by the potential closure of the South Korean tire factory, Hung-A, in Cikarang industrial complex in West Java. The Indonesian Tire Company Association (APBI) raises its concern to the developing situation. […]
The Ministry of Industry aims for a manufacturing export performance growth of US$193.4 billion in 2024, an increase from realization of US$186.98 billion in 2023 that contributed 72.24 percent to the total national export value of US$258.82 billion. Still the 2024 export target is 9.26 percent lower than the US$206.07 billion achieved in 2022. […]
Mining associations have called on the Indonesian government to increase its monitoring, supervision and evaluation on the implementation of occupational safety and health (K3) of workers at the operation site of nickel refinery PT Indonesia Tsingshan Stainless Steel (ITSS) following the deadly explosion. […]
The government has completed the construction of five of the targeted seven smelters in 2023. Five smelters have been 100 percent completed, while the other two smelters will be completed soon. […]
PT Chandra Asri Pacific Tbk. (TPIA) is set to construct a Chlor Alkali-Ethylene Dichloride (CA-EDC) plant that will produce a key raw material for electric vehicle (EV) battery pack components – caustic soda, totaling 400,000 tons per year. The construction of this new plant is scheduled to begin in early 2024, with Chandra Asri allocating US$800 million or approximately Rp12.45 […]