ZC Rubber have announced the official start of Phase I production at its new Indonesian plant, PT. Matahari Tire Indonesia (MTI) in Kendal Industrial Park, Central Java. The event brought together prominent figures, including officials from Central Java, the Chinese Chamber of Commerce, Kendal Industrial Park executives, and over 300 global dealers and suppliers, celebrating a major milestone in ZC Rubber’s international growth.
MTI is ZC Rubber’s second overseas plant and reflects a significant investment of $280 million. Spanning 500,000 square meters, the facility is equipped to produce a wide range of products, including truck and bus tyres, two-wheeler tyres, bias tyres, inner tubes, tracks, and carbon black. Once fully operational, it is expected to generate an annual revenue of approximately $720 million (5.2 billion RMB).
Notably, construction of the plant began in January 2024, and in just 233 days, the first all-steel radial tyre was produced, with official production commencing within the same year. This remarkable achievement sets a new standard for industrial projects in Indonesia.
During the ceremony, ZC Rubber Chairman Mr. Shen Jinrong emphasised the plant’s importance to the company’s global strategy, calling it a cornerstone of ZC Rubber’s commitment to innovation, quality, and sustainable growth.
“Our goal for MTI is to strengthen its core competitiveness, ensure high-quality product supply, and continuously expand its industry chain,” said Mr. Shen Jinrong. “We aim to deepen collaboration across all levels, showcase ZC Rubber’s leadership, support local economic growth, and establish a solid strategic foundation for the company’s global development.”
MTI represents a significant step forward in ZC Rubber’s mission to strengthen its global presence. This new facility will boost the company’s ability to deliver high-quality products and enhances its competitiveness in key markets, while reinforcing its commitment to innovation and sustainable growth worldwide.
Source: Tyretradenews
