Unlike other industries, glass has not seen new player entering with significant investment in Indonesia. PT Asahimas Flat Glass (AMFG) Tbk, market leader, is on its way to seize more of the market with US$154.94 million expansion project. Asahimas, a joint venture between Asahi Glass (Japan) and Roda Mas Group (Indonesia), currently operates two flat glass factories in Ancol, North Jakarta and Sidoarjo, East Java with combined capacity of 570,000 tons per annum. Asahimas also owns automotive glass manufacturing facility in Cikampek, West Java with combined capacity of 5 million m2 per annum.
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