August 08, 2024
PT
Indonesia BTR New Energy Material inaugurated the opening of Anode electric
battery component factory in Kendal Industrial Park on 7 August 2024. This
inauguration was also attended by the President of the Republic of Indonesia,
the Coordinating Minister for Economic Affairs, the Coordinating Minister for
Maritime Affairs and Investment, the Minister of Investment, Representatives of
the Ambassador China for Indonesia, as well as several regional governments.
BTR is a company from China which was
founded in 2000 and has succeeded in becoming the number one largest Anode
Factory in the world. At the end of 2023, BTR decided to expand to Indonesia
with an investment value of USD 478 million in the first stage, then USD 299
million in the next stage. There will be 7,800 workers absorbed with the
absorption of 6,000 local workers during construction, and 1,800 local workers
when operating in the first and second stages.
After officially operating, PT Indonesia
BTR New Energy Material will produce 80,000 tons of anode material, while
continuing to expand development at the same location. Phase two construction
will begin immediately and is targeted for completion in the first quarter of
2025 with an additional production capacity of 80,000 tons per year. With total
production of 160,000 tons per year, this makes Indonesia the second largest
producer of lithium-ion battery anode materials in the world after China.
At the inauguration event, President
Joko Widodo said that Indonesia is currently focusing on down streaming the
industry, not only in nickel commodities but also copper, tin, etc., including
electric vehicle components. "Because Indonesia wants to build an electric
vehicle ecosystem, building an integrated EV ecosystem is something that must
be done to make us an important part of the world supply chain." The
President also welcomed the operation of this anode factory, which he said
would strengthen Indonesia's electric vehicle industry.
The production results from the BTR
factory will be supplied to several brands such as BYD, SK Group, LG, Samsung,
and various other leading companies. As well as exporting to various leading
companies in America, Europe, Japan and Korea.
When met directly, He Xueqin as Chairman
of BTR New Material Group expressed his goals and hopes for investing in
Indonesia. "Apart from supporting the government's downstream program, we
hope that this project can also increase the country's foreign exchange.
"We also hope that this BTR project can support Indonesia to integrate
into the global supply chain of lithium battery materials and become a global
player in the battery and electric vehicle ecosystem."
In the future, to meet demand for green
products, BTR will use energy from gas, and is committed to carrying out an
energy transition and plans to enter into a green electricity sales and
purchase agreement with PT. PLN (Persero) in the second stage.
Setyono Djuandi Darmono, Founder &
President Director of PT Jababeka Tbk as a Joint Venture company from PT
Kawasan Industri Kendal, revealed the multiplier effect created by the presence
of BTR in KEK Kendal. "Currently, the automotive industry and renewable
energy are starting to become a new trend in the Kendal SEZ. Of course, we hope
that with the operation of BTR, this will attract other renewable energy and
automotive industries to enter and create an integrated industrial ecosystem in
the area. "Apart from that, with the increasing growth of industry in the
region, it is hoped that it can expand labor absorption, increase regional and
national economic growth," he said.