Tangerang, Indonesia – PT Gajah Tunggal Tbk. and Japan’s Inoue Rubber Co. Ltd (IRC) have broken ground on a motorcycle tire joint venture plant in Tangerang.
The 50/50 joint venture, Gajah Tunggal IRC Manufacturing Indonesia, will produce IRC-brand high-performance motorcycle tires for the Indonesian OEM and replacement markets as well as exports, Gajah Tunggal said.
The plant is expected on stream by September 2019. The JV partners did not disclose the plant’s size, capacity or expected employment.
In a separate filing, Gajah Tunggal said it was selling 5.8…