INDONESIA: Pirelli to build tyre plant
Italy’s Pirelli plans to build a new tyre plant in Indonesia in a joint venture with PT Astra Otoparts, the country’s largest automotive components group.
Pirelli will take a 60% stake in the US$90m factory, which is scheduled to start operations in 2013 - initially to produce motorcycle tyres. It will have a capacity to produce 7m units per year, for sale domestically and for export to other developing markets in the region.
The Indonesian motorcycle market is expected to exceed 7.5m units in 2011. The company expects to sell 2m motorcycle tyres per year domestically, with the remainder destined for export, when full production is reached in 2016.
The local availability of natural rubber makes Indonesia an attractive export to base for tyres and other automotive products. The company will likely add passenger vehicle tyres at a later stage.
This QUBE report from just-auto report provides a comprehensive overview of the global light vehicle OE tyres sector, major suppliers, top markets, technology trends and market size forecasts. Use thi...
- Jaguar Land Rover's lightweight future
- INTERVIEW: Ford of Europe's chief, Stephen Odell
- GENEVA WRAP: Europe still struggles, future bright
- THE WEEK THAT WAS: iOS (and Android) in the car
- INTERVIEW: Ford UK fleet director, Phil Hollins
- 'One Ford' has kept us alive in Europe
- GENEVA: Jaguar names 'small' saloon XE
- EXCLUSIVE: Renault axes another EV
- GENEVA: Apple launches car iOS
- Ukraine crisis sparks Russia 'downward pressures'
- Tesla: The Californian start-up that made head way on the automotive giants
- Dacia: The no frills automotive brand, that is becoming a serious world contender
- China’s One-Child Policy is Shaping a New Automotive Landscape
- PLDB - vehicle cycle plan database (annual subscription)
- Global light vehicle HVAC market 2008 to 2028