"Michelin to buy around 30 percent of crude rubber from Indonesia and globally use 10 percent of the world's crude rubber production," said Jean Dominique Senard, Managing Partnership Michelin Group in a press conference here on Wednesday.
Senard revealed that Michelin produces the majority of its products in Thailand and their factory was established 20 years. Michelin products circulating in Indonesia is made in Thailand.
Meanwhile, Jean Pierre Kopp Michelin Indonesia Country Director in the inauguration of PT. Indonesia Michelin said it moved into the global products in Indonesia.
"Within the next 5 years we want to be a major player for trucks, buses and passenger vehicles," he said.
Michelin is working on the Indonesian market, so they do not yet have plans to set up factories in Indonesia. "Currently it is too early and our focus is to invest in our team," said Kopp.
Michelin is the target truck and bus due to a large market in Indonesia.
"Michelin Michelin wanted to introduce the name in Indonesia. Here, Michelin has not been known and the future of access to Michelin products will be better," he said
There are 200 sales centers spread across the region of Sumatra, Java, Sulawesi, Kalimantan to Papua.
Michelin is present in 170 countries with has 111 thousand employees and operates 70 production facilities in 18 countries.
