#Manufacturing
Pupuk Indonesia plans to build two methanol plants by 2030
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.
Pupuk Indonesia-ITOCHU-TOYO to develop world's first hybrid green ammonia project
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 inaugurates anode plant in Kendal, boosting Indonesia’s EV industry
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.
RI-S’pore partnership secures US$1 B investment in renewable energy battery sector
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 to launch electric vehicle manufacturing plant in Indonesia
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.
Plastic industry investment worth US$27.08 billion postponed over new regulation
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.
Twelve investors committed to millions of dollars investment, creating over 40,000 jobs
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 reduces reliance on imported pharmaceutical raw materials
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.
Tata Metal Lestari expands production line with Rp1.5 trillion investment
Steel plate coating company PT Tata Metal Lestari is set to invest Rp1.5 trillion (US$91.5 million) to expand its production capabilities, aiming to boost export performance by 2025.
Positive outlook for Indonesia's textile industry amid regulatory challenges
Indonesia's textile industry has remained resilient despite facing significant challenges due to new trade regulations, with industry leaders advocating for systemic improvements to secure a sustainable future.
Indonesia's dominance in nickel supply crucial for global EV market
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, has asserted that the United States cannot increase its electric vehicle (EV) production elevenfold by 2030 as targeted without Indonesia's support.
Wuling Indonesia explores EV export expansion
Wuling Indonesia is exploring to expand its electric vehicle (EV) exports to Australia, New Zealand, Malaysia, and South Africa. The plan was revealed during a meeting between Indonesian Minister of Industry Agus Gumiwang Kartasasmita and executives from SAIC-GM-Wuling Automobile Co., Ltd in Beijing on Tuesday, June 18, 2024.