THE YOKOHAMA Rubber Co., Ltd says that it will build a new plant for manufacturing pneumatic marine fenders and marine hoses in Batam Island, Indonesia.
The 3 billion yen plant for material mixing, moulding and vulcanisation will start operation from June 2015, Yokohama aays. The new plant will become the second production site of Yokohama and is expected to increase almost twice its total production capacity for those products.
Currently, it is producing these products at its plant in Japan.
The company-produced pneumatic marine fenders and marine hoses are mainly used in the handling and transferring of crude oil at sea. With the expansion of oil industry, demand for YOKOHAMA marine fenders and hoses is expected to increase as well. The company chose Batam Island as the new plant’s location, only 20 km from Singapore, the largest hub port in Asia, an thus conducive in terms of international distribution.
The new plant will be constructed in the Kabil Industrial Estate (Kabil) located in the eastern area of Batam Island. The firm will start constructing the plant after establishing PT. Yokohama Industrial Products Manufacturing Indonesia, as a manufacturing company with a capital of 1 billion yen by the end of this year. While the new plant will be constructed on a 50,000 sq m land, Yokohama plans to expand the production site to adjacent land for possible expansion in the future.