ZC Rubber has officially commenced Phase I production at its new $280 million Indonesian plant, PT. Matahari Tire Indonesia (MTI). Located in Central Java’s Kendal Industrial Park, the 500,000 square metre facility will produce a range of products, including truck and bus tyres, two-wheeler tyres, and more. This milestone marks a significant leap in the company’s global expansion strategy.
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ZC Rubber has celebrated the start of Phase I production at its state-of-the-art Indonesian manufacturing plant, PT. Matahari Tire Indonesia (MTI), located in Kendal Industrial Park, Central Java. The grand opening ceremony brought together notable figures, including Central Java officials, representatives from the Chinese Chamber of Commerce, Kendal Industrial Park executives, and over 300 global dealers and suppliers.
The $280 million facility, ZC Rubber’s second overseas plant, spans an impressive 500,000 square metres. It will produce an extensive range of products, including truck and bus tyres, two-wheeler tyres, bias tyres, inner tubes, tracks, and carbon black. The plant’s full-scale operations are projected to generate an annual revenue of $720 million (5.2 billion RMB).
Construction of the MTI facility began in January 2024, achieving its first all-steel radial tyre production within just 233 days. This remarkable achievement highlights ZC Rubber’s ability to deliver high-impact industrial projects efficiently, setting new standards in Indonesia’s manufacturing sector.
ZC Rubber Chairman, Mr. Shen Jinrong, emphasised the strategic significance of the new plant, stating:
“Our goal for MTI is to strengthen its core competitiveness, ensure high-quality product supply, and continuously expand its industry chain. We aim to deepen collaboration across all levels, showcase ZC Rubber’s leadership, support local economic growth, and establish a solid strategic foundation for the company’s global development.”
The MTI facility underscores ZC Rubber’s dedication to innovation, sustainability, and quality. By enhancing its manufacturing capabilities in Indonesia, the company strengthens its position in key markets while contributing to local economic growth. This expansion complements ZC Rubber’s mission to lead with cutting-edge technology and eco-conscious solutions on a global scale.
What has ZC Rubber achieved in Indonesia?
The company has officially commenced Phase I production at its new $280 million plant, PT. Matahari Tire Indonesia, in Central Java’s Kendal Industrial Park.
What products will the plant manufacture?
The plant will produce truck and bus tyres, two-wheeler tyres, bias tyres, inner tubes, tracks, and carbon black.
How quickly was the facility built?
The plant began construction in January 2024 and achieved its first tyre production in just 233 days.
What is the projected annual revenue for the plant?
Once fully operational, the plant is expected to generate $720 million (5.2 billion RMB) in annual revenue.
What did ZC Rubber Chairman Shen Jinrong highlight about the plant?
He emphasised the plant’s role in strengthening competitiveness, supporting local economic growth, and enhancing ZC Rubber’s global development strategy.