Oerlikon Balzers: Coating Company in Indonesia
OC Oerlikon Balzers AG, Balzers, Switzerland, and PT. Artoda Global signed the joint venture contract for a new coating centre based in Jakarta, Indonesia. PT. Artoda Global is an Indonesian company with a well established network in Indonesia and Japan particularly. The scope of business of the Artoda Group spans across the automotive industry and consists of more than 50 companies.
The joint venture will help to fulfill the growing advanced surface treatment needs of the Indonesian economy, notably the motorbike and car industry present in this country. Besides, the Indonesian government has just signed its first free trade agreement, which will come into effect with Japan at the beginning of next year. It is therefore expected that Japanese companies will open-up more production facilities in Indonesia.
With the access into the Indonesian market, Oerlikon Balzers is now providing coating services through a global network with more than 80 production centers in 31 countries.
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