Lupa Sandi?
Java Jazz Single


Akhyari Hananto
Akhyari Hananto
0 Komentar

Southeast Asia's biggest tyre maker PT Gajah Tunggal expects its production to rise by up to 15 percent in 2012 as demand from Europe and Middle East increases and buyers want more second-tier tyres, a company director said on Tuesday.

Company director Catharina Widjaja said the euro zone crisis has led European buyers to buy cheaper tyres from the company instead of high-quality tyres from other major producers.

The company, which controlled by one of Indonesia's richest business group Nursalim family, produced 35 million tyres in 2011.

Baca Juga

"Forty percent of our production is for export, and we haven't seen any decline in demand," Widjaja said, adding that the company expects revenue to rise by 10 to 15 percent this year, while the rubber price continues to be lower.

Widjaja said it bought rubber at an average of $3 per kg so far this year, a 40 percent decline from $5 per kg in 2011.


(Reporting by Fathiya Dahrul, editing by Jane Baird)

Pilih BanggaBangga0%
Pilih SedihSedih0%
Pilih SenangSenang0%
Pilih Tak PeduliTak Peduli0%
Pilih TerinspirasiTerinspirasi0%
Pilih TerpukauTerpukau0%
Laporkan Artikel

Mengapa Ingin Melaporkan Artikel Ini?


I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to unders ... Lihat Profil Lengkap


Artikel Terkait

Malaysia, Indonesia Lead Tech Sales Boom

Akhyari Hananto5 tahun yang lalu

Bergantung pada Panas

Akhyari Hananto5 tahun yang lalu

Giant for Giant

Akhyari Hananto5 tahun yang lalu
Evan Dimas

Semua bisa dikalahkan kecuali Tuhan dan orang tua.

— Evan Dimas