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Multistrada shelving factory plans, reports Indonesian source

Author: Tyrepress Editors Comments: 0

According to unverified news published by Indonesian business publication Kontan and repeated in English by Reuters, tyre maker PT Multistrada Arah Saran has cancelled its plan to build new plants in Egypt and Kazakhstan this year. Even Go, investor relations officer at Multistrada, said this decision was taken due to concerns about political instability and security within the Middle East region.

Related news:

  1. Multistrada signs Kazakhstan tyre factory contract
  2. Multistrada to More than Double Capacity
  3. Hankook investing to expand Indonesia plant
  4. Interested parties vie to acquire Indonesian tyre maker Multistrada
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