Lubricant Industry Indonesia (2008)
The lubricant industry in Indonesia has experienced tremendous growth for the last five years following the investment liberalization policy of 2001. Many foreign companies set up blending and manufacturing facilities in order to effectively supply the growing demand for lubricants from the industrial and transportation sectors. In addition to locally produced lubricants, imported synthetic lubricants are also widely available in Indonesia. Companies with an import license are allowed to import synthetic lubricants with only a 5 percent import duty.
Automotive Industry Indonesia (2008)
The Indonesian automotive industry has been growing at an average rate of 40 percent annually since 1998. In 2007, the industry’s domestic sales reached 433,341 units. With an expected growth rate of 15 percent this year, the most promising sectors of the industry is non-sedan passenger cars and small and medium-sized trucks.
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