Sales of Lubricants to Manufacture Increase: http://www.tribunnews.com/bisnis/2017/11/16/penjualan-pelumas-ke-industri-semakin-meningkat/16 November 2017
Each year, lubricant demand increases with increasing production capacity. As a result, the industry players try to grab the opportunity. Public Relations of PT Pertamina Lubricants, Intania Prionggo, said that almost 90% of industrial sector has used Pertamina lubricant. The company has also been in synergy with various state-owned companies, such as PT PLN (Persero), PT Kereta Api Indonesia (KAI) and PT Pelayaran Indonesia (Pelni).
Throughout 2017, Pertamina Lubricants continued to experience improved performance in the industrial and automotive sectors. When compared to the same period in 2016, Pertamina Lubricants sales increased 2.5% from the total Pertamina Lubricants sales to both sectors.
Industrial Lubricants RI yet from Upstream to Downstream Integrated : http://bisnis.liputan6.com/read/670036/industri-pelumas-ri-belum-terintegrasi-dari-hulu-ke-hilir, 20 August 2013
Industrial lubricants become one of the strategic industries that experienced fairly rapid growth, where the demand for lubricant products is increasing every year.
This condition assessed driven by the increasing number of vehicles which require a lot of this product as well as the development of the industrial sector, which includes manufacturing and construction.
However, in line with it, the lubricant industry in Indonesia still faces challenges related to raw materials and the most addictive substances that are imported.
"It makes industrial lubricants in Indonesia is only a blending or compounding formulations and thus not integrated between the upstream (upstream) to downstream (downstream)," Industry Minister MS Hidayat said in Jakarta, Tuesday (20/08/2013).
Therefore, according to Hidayat, very necessary to keep the fuel supply chain to produce an integrated lubrication with oil and lubricant base oils (lube base oil).
"These challenges need to be addressed investors to invest by opening or expanding plants in order to meet domestic demand and exports," he explained.
In addition, Hidayat, lubricants industry also faces challenges in terms of wastewater treatment because it produces toxic waste and hazardous materials.
"Yet we continue to develop technologies that can decrease energy consumption and can produce innovative products," he said.
Based on data from the Ministry of Industry, today there are over 200 manufacturers of lubricants in Indonesia who are spread in various regions, especially in Java with an installed production capacity reaches 700 thousand kiloliters per year and turnover is estimated to reach more than Rp 7 trillion.
"This potential can drive lubricant exports to ASEAN countries, Japan, China, South Kore, the Middle East, as well as the European Union," he said.
Lubricants Manufacturing in Indonesia
Indonesia Industry Report and Market Research
April 25, 2018
Industry Code : C3542
Forecast to : 2022
Definition
Lubricants Manufacturing in Indonesia Enterprises engaged in the manufacture of lubricant.
Activities
The primary activities of firms in this industry are:
The Lubricants Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.