ERJ staff report (PR)
Tokyo – Yokohama Rubber Co. Ltd has started construction work on a new marine products plant at the Kabil Integrated Industrial Estate near the east coast of Indonesia’s Batam Island.
The operation is being headed by a new local subsidiary, PT Yokohama Industrial Products Manufacturing Indonesia, which was established in April this year.
The project is in response to growing demand for products such as marine hoses and fenders used in the handling and transferring of crude oil at sea, said Yokohama, which wants a bigger slice of this global market.
Indonesia’s Batam Island was selected as the site for the new plant because it is located just 20km from Singapore – Asia's largest hub port.
Yokohama Rubber currently produces its marine products in Japan. The new plant, it said, “will provide the marine products group with a two-plant production structure that will enable it to expand production by 50 percent.”