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Titan International, Inc. has reported record turnover and profitability during the 2025 financial year. While the US-based manufacturer of OTR tyres and wheels increased its net sales by 21.9% to US$2.2 billion, income from operations jumped by more than 141% to $205.8, almost doubling the return on sales to 9.5%.
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- When is tyre & rubber Indonesia 2025?
- The 11 th edition of Tyre & Rubber Indonesia 2025 is returning bigger and stronger for tyre, wheel, casing, tube, tyre accessory, automotive rubber, rubber material, chemical, machinery and other supporting industries. Tyre & Rubber Indonesia 2025 will be held on 21 – 23 May 2025 at JIExpo Kemayoran, Jakarta – Indonesia.
- How Indonesia's plasticizers market is reviving?
- As construction projects resumed and the automotive industry recovered, the market for plasticizers displayed a gradual rebound. Indonesia`s plasticizers market has seen substantial growth in recent years. Key players in this sector include Indo-Rama Synthetics (Indonesia) Tbk and PT Lautan Luas Tbk.
- Which companies manufacture plasticizers in Indonesia?
- Key players in this sector include Indo-Rama Synthetics (Indonesia) Tbk and PT Lautan Luas Tbk. These companies manufacture various types of plasticizers, including phthalate and non-phthalate plasticizers, which are essential in the production of plastics and rubber products used across various industries in the country.
- Why is the demand for tires increasing in Indonesia?
- As a result, the demand for tires in Indonesia market is expected to increase in the coming years. This growth is driven by several factors, including the expanding automotive sector, rising vehicle ownership, and ongoing infrastructure developments across the country.