INDONESIAN tyre maker PT Gajah Tunggal (GT) has acquired 100 ha of land for US$108 million to build a tyre proving ground (testing track) and to allow possible future expansion of its manufacturing facility. Located at a new industrial estate in Karawang, the ground breaking for the testing track will start soon and is expected to be completed in three years.
Furthermore, the firm is also entering commercial production of TBR over the next three years with an investment of US$150 million and a total installed capacity targeted in the range of 1,500-2,000 tyres/day.(PRA)
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