Boost Export, Government Continues to Encourage Optimization of Natural Rubber Utilization

By : Ridwan And Aldo Bella Putra | Saturday, February 10 2018 - 23:00 IWST

Kepala Badan Penelitian dan Pengembangan Industri Kementerian Perindustrian, Ngakan Timur Antara (Foto Humas)
Kepala Badan Penelitian dan Pengembangan Industri Kementerian Perindustrian, Ngakan Timur Antara (Foto Humas)

INDUSTRY.co.id - Jakarta, the Government continues to encourage the optimization of natural rubber utilization, because during this absorption is dominated by the vehicle tire industry.

Domestic tire products are one of Indonesia's main export commodities. Of the total production, 70 percent is for export market with value reaching USD1,5 billion per year.

"The government considers it important that efforts to optimize domestic rubber consumption in the country need to be done to increase the added value of the national natural resources potential," said Head of BPPI the Ministry of Industry, Ngakan Timur Antara in Jakarta, Saturday (10/2/2018).

Referring to data of Indonesian Rubber Companies Association (Gapkindo), natural rubber accounted for 45 percent for tire raw materials.

The need of natural rubber in the domestic market is about 600 thousand tons of total production per year which reaches 3.3 million tons.

For that, there is still a great opportunity to create new industrial branches such as aircraft tire industry and aircraft retreading that can absorb enough natural rubber and generate national foreign exchange.

According to Ngakan, the policy for the construction of sea tolls is also a good opportunity for rubber processing industry to support the needs in development port.

"Sea toll development is an opportunity for rubber processing industries such as rubber dock fenders, rubber floating fenders, rubber bumper and others," explained Ngakan.

"Therefore, the government continues to encourage the optimization of the utilization of natural rubber to boost Indonesia's exports," he said.

News Comment

Today's Industry

Bank Central Asia (Foto Ist)

Jumat, 23 Februari 2018 - 23:00 WIB

This morning, JCI Opened up to 6608 position

Jakarta - Jakarta Composite Stock Price Index (BEI) opened at 6.608 in the first session of trading Friday (23/02/2018), 0.23% higher or 15 points compared to the position at the end of trading…

BRIT Awards 2018 at The O2 London. (Source: TVM)

Jumat, 23 Februari 2018 - 22:14 WIB

Complete List of BRIT Awards 2018 Winners, Congratulations!

The annual music awards event by the British Phonographic Industry, BRIT Awards 2018 was successfully held on Wednesday (21/2) at The O2 Arena, London. Almost all the famous musicians present…

PT Unilever Indonesia (Foto Dok Industry.co.id)

Jumat, 23 Februari 2018 - 22:00 WIB

Today, JCI Moves Predicted Varies at 6,562-6,628

Jakarta - Movement Composite Stock Price Index (CSPI) is predicted to vary in trading Friday (23/02/2018) after a decline in trading on the previous day. The range of movement is in position…

Hino Truck Products

Jumat, 23 Februari 2018 - 21:53 WIB

Hino Dutro Light Truck Sales Up 10 Percent By 2017

PT Hino Motors Sales Indonesia (HMSI) recorded positive results for the category of light duty trucks or light trucks. Hino Dutro, launched in 2002, recorded an increase in sales every year…

Hino Bus Products

Jumat, 23 Februari 2018 - 21:51 WIB

Hino Bus Dominates Bus Market With 74 Percent Total Market Share

PT Hino Motors Sales Indonesia (HMSI) managed to achieve good with positive achievements for sales in 2017 for the Bus market.