Modor Intelligence noted Indonesia is doubling down on building oil refineries for a variety of reasons. The bottom line is the industry can expect a spike in machine tool demand with a focus in metal cutting sector.
Transportation And Construction In Indonesia And Thailand To Catalyse Press Brakes Takeup
Press brakes are widely used for the precision bending of sheet metals, which are subsequently treated and used across several industries. Indonesia’s and Thailand’s transportation and construction will contribute to press brakes’ demand; majorly supplemented by government support.
Isuzu Motors To Shift Jig From Thailand To Indonesia (Or Not)?
Claims of Isuzu’s plan to shift its factory to Indonesia from Thailand amidst lacklustre sales shook the stock market that Aapico Hitech Pcl (AH)’s stock value plummeted more than 20% as it is known to be AH’s client.
Southeast Asia: The Emerging Frontier for Electric Vehicles
Once a luxury segment of the automotive industry, EVs have become popular among consumers and companies alike in recent years, with solid growth trends attracting public and private investment. The spotlight is on Southeast Asia.
Indonesia’s Trimegah Bangun Persada Plans Expansion In Nickel Processing After IPO
Integrated nickel mining and downstream company PT Trimegah Bangun Persada Tbk is planning to release its shares to the public through an Initial Public Offering (IPO) of as much as 12.1 billion shares on 5-10 April 2023.
Indonesia Fans The Electric Vehicle Market Fire In Southeast Asia
The market is watching China, Thailand and Vietnam for electric vehicle (EV) market movements. Indonesia has declared its entry into the competition. It would not be long when the market welcomes an Indonesia EV.
Investments In Indonesia Nickel Industry
In just three years, Indonesia has signed more than a dozen deals worth more than US$15 billion for battery materials and electric vehicle production with global manufacturers including Hyundai, LG and Foxconn.
PT Industri Baterai Indonesia Enters Battery Cell Manufacturing With Malaysia’s Citaglobal
The government-owned Indonesia Battery Corporation (IBC) is exploring opportunities to establish cell manufacturing and battery storage integration facilities with engineering company Citaglobal.
Automotive And Construction Named As Key Drivers For ASEAN’s Metal Forming Tools Growth
A report by Fortune Business Insights noted more importance are placed on high efficiency, transparency and lower labour costs — with the bulk from the automotive sector’s advancements and increasing investments in construction.
Indonesian Nickel Could Be Key To EV Battery Industry
Rich nickel reserves attract Chinese investment but environmental hurdles remain.
