This is the Clarification of API Related to the Bankrupt Issues of Hundreds of Textile Mills

INDUSTRY.co.id - Jakarta, Recently there are circulated issues in social media and several channels of messaging applications about hundreds of textile factories out of business in Indonesia. In the outstanding issue, mentioned after Idul Fitri ago, many textile factories in Indonesia went bankrupt, and immediately concluded that the condition as an indication of the economy is difficult.

The Executive Director of the Indonesian Textile Association, Ernovian G. Ismy, contacted INDUSTRY.co.id clarified the issue. That information is mostly incorrect. We from the API have checked and rechecked the news, and the result:

1. Pacific Texindo in Tangerang 90.000 spindle, 2,500 workers (Still Operating).

2. Unilon in Bandung 70.000 spindle (Still Operating)

3. Dhanar Mas 250.000 spindle temporarily closed since May 28, 2017 (Still Operate, in March 2017 we still train their workforce with Kemenperin facility).

4. Ricky Putra Globalindo 70.000 spindle (Still Operating).

5. Micky Surya in Bandung 110.000 spindle (They makloon to other factories).

6. Spindo's Majesty in Serang 35,000 spindles (Still Operating).

7. Panca Citra Wira Brothers 30.000 spindle and Sugih Brothers 30.000 spindle in Serang (Already Close).

8. Hasasi in Bandung 60.000 spindle (Still Operating).

9. PT. Apac Inti Corpora in Bawen, Central Java 400,000 spindles (Still Operating).

10. Pan Asia in Bandung 60.000 spindle (Still Operating).

11. Yamatex World in Karawang and Bandung 70,000 spindles (Still Operating).

12. Adetex in Solo 60.000 spindle (Still Operating)

13. Adetex in Bandung 60.000 spindle (True there is a considerable reduction in capacity).

Also mentioned: The official spinning mill is closed 1 month or 2 months before Idul Fitri.

1. Mercu Prima in Tangerang 80.000 spindle (Still Operating).

2. Batamtex in Ungaran, Central Java Java 100.000 spindle (Taken over Duniatex Group)

3. Pisma Putra in Pekalongan, Central Java 60.000 spindle (Still Operating).

4. Indo Panca in Purwakarta, West Java 35.000 spindle (Not yet info).

5. Superior color in Purwakarta, West Java 25.000 spindles (Full operates, month of Lebaran yesterday some of its employees there are only 6 days off, adding new machines but there are some used).

The official spinning mill closed 6 months ago:

1. Bhineka Karya Manunggal (BKM) 60,000 spindles in Karawang and 40,000 spindles in Bogor officially closed in 2014.

2. Argo Pantes in Tangerang 160.000 spindle (Still operating, but there is capacity reduction, and is getting ready to relocate to Central Java).

3. Lucky Abadi in Cimanggis, Depok 80.000 spindle (already closed but diverted to Lucky Print Abadi).

4. Three Star Manunggal 70.000 spindle (Taken over by Kewalram).
   
The official spinning mill closed 1 year ago:

1. PT. The Supreme Star in Bandung 60,000 spindles officially closed in 2014.

2. Jonitex in Tangerang 110,000 spindles officially closed in 2014.

3. Effenditex in Tangerang 35,000 officially closed in 2014.

4. PT. Kalila (Tristex) before PT. Yasunly Tama in Tangerang 60,000 officially closed spindles.

5. PT. Kalila (Tristex) before PT. Panca Treasures in Jogyakarta 31,000 official spindles are closed

6. PT. Surakarta Sentosa Sejahtera in Solo, Central Java 60.000 spindle (True is closed and has returned machining that get help from Kemenperin).

The Executive Director of the Indonesian Textile Association (API), Ernovian G. Ismy said, so some of the issue is right, some are completely wrong. Info from the API may not be 100% correct, because of a total of 5,600 TPT Indonesia companies, only 1,600 are members of the API.

According to him, when viewed from the development of Idul Fitri yesterday, indeed many companies are long holiday, so it is thought to stop operating, but it is a quiet order. "Because its quiet, Lebaran holiday is expanded," said Ernovian to INDUSTRY.co.id in Jakarta (1/8/2017).

Ernovian further revealed, with the existence of such issues could be a signal for stkeholder of national textile industry. "If there is no business climate change, the issue of traja could happen, and not only in TPT industry, but also to other sectors," he concluded.

Conclusion:
The news circulating about the mass closure of spinning mills, is not true news alias Hoax.