Indonesian Tyre Production – 9.3 per cent Increase Predicted

Indonesia’s tyre production capacity is forecast to rise 9.3 per cent year-on-year to 69.6 million units in 2006. The association of tyre producers (APBI) said fears of slump in the country’s auto market this year will not significantly impact on the tyre industry. Last year two and four wheel production totalled 63.67 million units, with car tyres accounting for 41.7 million units, APBI chairman Aziz Pane said told Asian news sources. In 2006 exports are predicted to reach 31 million units, valued at US$600 million, up 10.6 per cent from last year.