The Indonesian business paper Kontan reports that the largest tire manufacturer in Southeast Asia, PT Gajah Tunggal Tbk, will increase capital spending this year by $20-25 million USD to complete a series of expansion projects. Radial tire production capacity will increase from 40,000 to 45,000 units/day by late 2011. Motorcycle tire production will be increased from 75,000 to 105,000 units/day by early 2012.
August 23, 2011
Southeast Asia’s largest tire manufacturer, PT Gajah Tunggal Tbk, to increase tire production capacity
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