Indonesia's Gajah Tunggal sees 2012 output up 15%


JAKARTA, May 29 (Reuters) - Southeast Asia's biggest tyre maker PT Gajah Tunggal expects its production to rise by up to 15 percent in 2012 as demand from Europe and Middle East increases and buyers want more second-tier tyres, a company director said on Tuesday. Company director Catharina Widjaja said the euro zone crisis has led European buyers to buy cheaper tyres from the company instead of high-quality tyres from other major producers. The company, which controlled by one of ...

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