Bosai Minerals in Surabaya

Dec 4, 2025 | Industries

China’s Bosai Minerals Group, which generated US$8.6 billion of sales revenues last year, and PT Surabaya Industrial Estate Rungkut (SIER) have recently signed a memorandum of understanding (MoU) for the preparation of industrial land use. This collaboration marks the...

Can Batam Become Neutral Industrial Zone in the US–China Tech War?

Dec 3, 2025 | Industries

The race between the United States and China to dominate the global technology supply chain has turned brutal. Export controls, industrial sanctions, semiconductor blockades and escalating geopolitical pressure have fractured the world into two competing tech...

Walk the Talk: Downstream of Coconut

Dec 3, 2025 | Industries

The Ministry of Investment and downstreaming has recently revealed that China’s Zhejiang FreeNow Food Co. Ltd., a coconut derivative producer, has begun construction of coconut processing plant in Morowali, Central Sulawesi province with US$100 million of investment....

Steel industry update

Dec 2, 2025 | Industries

Minister of finance Purbaya Yudhi Sadewa promised to take action on the flood of imported steel construction that hurting domestic fabricators. Purbaya didn’t specify, but responded positively complaints from local players. One company claimed of downsizing its...

The mysterious petrochemical player

Nov 25, 2025 | Industries

PT Lintas Citra Pratama (LCP), a petrochemical investment company based in Cilegon, continues to strengthen its position in the downstream industry by carrying out a major expansion through the construction of a Polyethylene Terephthalate (PET) plant with a capacity...

Prabowo’s national car: Pindad?

Nov 14, 2025 | Industries

President Prabowo Subianto has mandated PT Pindad, a state defense contractor, to develop the national car (Mobil nasional/Mobnas, minister of industry Agus Gumiwang Kartasasmita said this week.  Agus claims that he has been informed by minister of state secretary...

Cable manufacturers, so far

Nov 12, 2025 | Industries

Cable is key component of the digital economy because of growing need to reliable power supply and Internet. Yet, cable manufacturers gained very little, at least shown by low gross profit margin of cable manufacturers. Financial report of four cable manufacturers...

New cracker, finally

Oct 24, 2025 | Industries

After years of talk and talk, South Korean Lotte Chemical Titan Holding Berhad has launched commercial operations at its Lotte Chemical Indonesia New Ethylene (LINE) project, an integrated petrochemical facility developed through its subsidiary, PT Lotte Chemical...

Persistent oversupply hurts ESSA Industries

Oct 23, 2025 | Industries

PT ESSA Industries Indonesia Tbk, which generates most sales revenues from ammonia, suffered from squeezed margins from persistent oversupply in the chemical. In the first nine months of 2025, the company’s net profit dropped by 36.6% to US$21.3 million. ESSA’s sales...

Prabowo’s national car: TMI?

Oct 21, 2025 | Industries

Few months back PT Teknologi Militer Indonesia (TMI), a company controlled by the military foundation under ministry of defence, introduced an EV concept car named i2C, Indigenous Indonesian Car. Is this the ‘national car’ to be developed by President Prabowo...