#Manufacturing
Demand for nickel to continuously increase in the future: Experts
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.
Industry ministry to encourage local products to reduce medical equipment imports
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.
Empowering communities, expanding horizons: Indofon's journey to global arena
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.
Raw material shortage threatens local tire production
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, West Java.
Industry ministry targets manufacturing exports at US$193.4 billion in 2024
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.
Govt asked to increase supervision on smelter's K3 implementation
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 late last year that killed 29 people and injured 50 others.
Chandra Asri builds EV Battery Raw Material Plant, Invests Rp12.45 Trillion
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$800 million or approximately Rp12.45 trillion for the project, which is expected to take 28 months.
Gas producer SBMA plans massive business expansion in 2024
Gas producer PT Surya Biru Murni Acetylene (SBMA) is massively boosting this year its business expansion, particularly in Kalimantan and Eastern Indonesia, due to strong market share.
VKTR starts construction of EVs production facility
PT VKTR Teknologi Mobilitas Tbk (VKTR) signed a construction agreement with its affiliated company, PT Bakrie Construction, on 18 December 2023 for industrial and office construction works and services at VKTR's facility in Tempurejo Village, Tempuran Sub-district, Magelang Regency, Central Java.
Indonesia’s ESB and STI partner with Malaysia’s Gentari for EV Ecosystem
PT Energi Selalu Baru (ESB) and PT Semolis Teknologi Indonesia (STI), subsidiaries of PT NFC Indonesia Tbk (IDX: NFCX), and PT M Cash Integrasi Tbk (MCAS) have set up partnership with Gentari Green Mobility Sdn Bhd, a Malaysian clean energy solutions provider, for Electric Vehicle Ecosystem development.
Chinese EV battery manufacturer CBL to invest US$ 420 million in Indonesia
Chinese electric vehicle (EV) battery company Ningbo Contemporary Brunp Lygend (CBL) has agreed to make a significant investment in Indonesia, Luhut Binsar Panjaitan, the Coordinating Minister for Maritime and Investment Affairs, announced that CBL has agreed to invest approximately US$ 420 million (IDR 6.5 trillion) in the country.
BYD Chinese EV manufacturer plans entry into Indonesia automotive market
BYD Chinese technology and electric vehicle (EV) manufacturer has expressed its readiness to enter the Indonesian automotive market by selling passenger cars in the first half of 2024.