Saturday, December 21, 2024

Tag: Manufacturing

PT Daikin Industries Indonesia (DIID), a part of the global Daikin network, has completed the construction of its new air conditioner (AC) manufacturing plant at the Greenland International Industrial Center (GIIC) in Cikarang, West Java on Thursday, December 12, 2024. […]
Nvidia, a technology company from the United States, has set up an artificial intelligence (AI) research and development center and data center in Vietnam following an agreement signed on Thursday, December 5, 2024 in Hanoi, attended by Nvidia CEO Jensen Huang and Vietnamese Prime Minister Pham Minh Chinh. […]
British multinational oil and gas company, BP, has signed a Rp56.5 trillion (US$3.5 billion) project with partner contractors of Saipem Consortium − Engineering, Procurement, Construction, and Installation (EPCI) company PT Meindo Elang Indah and PT JGC Indonesia, a subsidiary of Japanese JGC Holdings Corporation − for Carbon Capture, Utilization, and Storage (CCUS) and EPCI work contracts of the Tangguh Ubadari […]
Minister of Industry Agus Gumiwang Kartasasmita says Apple’s investment offer of US$100 million over two years does not meet the globally recognized principle of fairness in invesment. […]
Seamless steel tube producer PT Rainbow Tubulars Manufacture (RTM), a subsidiary of PT Sunindo Pratama (SUNI), has set the target for the new plant under construction to operate commercially in third quarter of 2025. […]
Danish pump and water technology manufacturer, Grundfos, inaugurated on Thursday, November 14, 2024 its US$2 million submersible pump factory in Jakarta, equipped with large-scale assembly and testing line, allowing for increased local content, accelerated production, and distribution. […]
Oil exploration and production company, Prima Energy Northwest Natuna Pte. Ltd. (PENN) is developing the Ande-Ande Lumut (AAL) oil field in the Northwest Natuna working area, which is estimated to produce 20,000 barrels oil per day (BOPD) from the current 2,020 BOPD. […]
Garment company PT Golden Flower (POLU) is now expanding its business to the health sector, manufacturing aesthetic and slimming products as well as operating wellness clinics, aimed at strengthening health services in Indonesia and encouraging domestic medical tourism. […]
Local pharmaceutical company PT Sunthi Sepuri is enhancing its production capacity to contribute to Indonesia’s economic recovery, aiming for Rp1 trillion (US$63.5 million) in sales by 2030. The company has begun building new production facilities at its existing plant in Cikupa, Tangerang, Banten. […]
The government through Minister of Industry, Agus Gumiwang Kartasasmita, has emphasized that there are no plans to disburse bailout funds to textile company PT Sritex, which was recently declared bankrupt by the Semarang Commercial Court, even though the company is facing legal challenges in relation to its debt restructuring. […]
The Indonesian Navy will soon have two Turkish-made Fast Missile Boats (KCR) to support the existing fleet of six missile boats produced by Indonesian State-owned shipbuilder PT PAL. […]
Minister of State Secretary Prasetyo Hadi has confirmed the plan by the government to use Maung cars produced by PT Pindad as official vehicles for ministers and state officials, apparently awaiting the readiness of the State-owned military vehicle manufacturer’s mass production capacity before making a final decision. […]
The Indonesian government has partnered with Vietnamese investors to develop a large-scale dairy industry in Poso, Central Sulawesi, aimed at supporting President Prabowo Subianto’s initiative for a free nutritional meal program. […]
The national textile industry suffers a severe blow after the Semarang District Court declared four Central Java-based textile companies bankrupt. […]
The Semarang City Commercial Court has granted the request of one of PT Sri Rejeki Isman’s (Sritex) creditors to maintain the continuity of debt payment obligations (PKPU), thus declaring the legendary textile company bankrupt. […]
PT Beurer Indonesia Technology, a subsidiary of German healthcare device manufacturer Beurer GmbH, has opened a factory at the Kendal Special Economic Zone (KEK) in Central Java, making it the first such production facility in Southeast Asia. […]
President Prabowo Subianto exhibited his commitment to promoting domestic products by riding in Maung Garuda, an SUV produced by state-owned military vehicle producer PT Pindad, while leaving the People’s Consultative Assembly (MPR)/House of Representatives (DPR) complex upon his inauguration as the country’s 8th president on Sunday, October 20, 2024. […]
As the world is anticipating the potential of 85 million jobs lost by 2025 amidst aggressive invasion of Artificial Intelligence (AI) and technological advances, global workforce, in particular Indonesian workers, need not to stand still, but positively respond to this unavoidable global phenomenon. […]
Wavin, a plastic pipe manufacturing company from the Netherlands, has put Rp825 billion (US$52.6 million) investment in Indonesia to establish a production facility in the Batang Integrated Industrial Estate, Central Java, making it the country’s first production facility in the Southeast Asia Region. […]
Minister of Investment, Rosan P. Roeslani, officiated the initial production at PT KCC Glass Indonesia’s facility in the Batang Integrated Industrial Zone (KIT), Central Java. The factory represents a significant milestone in Indonesia’s glass manufacturing sector. […]
State-owned fertilizer producer PT Pupuk Indonesia plans to construct two methanol plants in two provinces by 2030 as part of the effort to support the government’s accelerated implementation of the B50 program. […]
State-owned fertilizer producer PT Pupuk Indonesia is set to develop the world’s first hybrid green ammonia project in collaboration with two Japanese corporations − ITOCHU Corporation (ITOCHU) and Toyo Engineering Corporation (TOYO). […]
President Joko “Jokowi” Widodo officially inaugurated the anode production facility of PT Indonesia BTR New Energi Materials in Kendal Special Economic Zone (KEK), Central Java, on Wednesday, August 7, 2024, marking a significant milestone in Indonesia’s effort to establish a solid electric vehicle (EV) ecosystem. […]
A partnership between Indonesia-Singapore has secured US$1 billion (Rp15.9 trillion) in investment in the renewable battery sector bolstering the supply chain. […]
GAC Aion, a Chinese electric vehicle manufacturer, has announced its plan to open a new manufacturing facility in Cikampek, West Java, by the first quarter of 2025, aimed at expanding the company’s presence in the Southeast Asian electric vehicle market. […]
French mining company Eramet SA is in discussions with Zhejiang Huayou Cobalt Co (Huayou) to produce nickel for electric vehicle batteries in Indonesia. […]
The Indonesian Olefin, Aromatic, and Plastic Industry Association (Inaplas) has reported that investments in the plastic industry amounting to US$27.08 billion (Rp439 trillion) have been postponed following the implementation of Ministry of Trade Regulation No. 8/2024. […]
The Ministry of Industry has announced that PT Frisian Flag Indonesia (FFI) plans to construct its third dairy factory in Cikarang, West Java, with an investment of Rp3.8 trillion (US$232.5 million). […]
A total of 12 investors from China and Singapore as well as domestic investors have expressed their interest to invest in the Indonesian Textile sector. […]
Indonesia has managed to cut its dependency on imported pharmaceutical raw materials from 95 percent in 2019 to 90 percent this year, despite the challenges brought by the COVID-19 pandemic. However, this figure still falls short of the government’s target of 65 percent. […]