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Global Textiles Portfolio. Natalie Neal. Indonesia . Map of Indonesia . Proximity . Indonesia is across the Pacific Ocean from the United States 14978.57 Kilometers from the United States 9307.25 Miles from the United States. Demographics. Area: 2 million sq. km. (736,000 sq. mi. )
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Global Textiles Portfolio Natalie Neal
Proximity • Indonesia is across the Pacific Ocean from the United States • 14978.57 Kilometers from the United States • 9307.25 Miles from the United States
Demographics • Area: 2 million sq. km. (736,000 sq. mi.) • Population: 240.3 million. • Capital--Jakarta (est. 9.6 million) • The terrain is more than 17,500 islands; 6,000 are inhabited; 1,000 of which are permanently settled. • Nationality: Indonesian. • Main ethnic group is Javanese (40.6%) • Main religion is Islam (86.1%)
Demographics • Karawang is the main polyester producing area. Indorama Polyester Industries Indonesia manufacturing facility is located in Karawang. • Karawang • the capital of the Karawang Regency of West Java • located 32 miles east of Jakarta • Area: 1,737.30 km2 (1,083.48 sq mi) • Population: 2,150,610
PolYESter • Patented in 1941 • Man-made fiber: naturally occurring plant materials mixed with synthetics • Revamped in the early 80s as luxurious fiber because of different weaving, spinning & finishing techniques • Two major manufacturing capacities: 825,000 tons of Polyester Filament yarn & 500,000 tons of Polyester staple fiber
Why PolYESter in Indonesia? • One of the few countries leading the ASEAN in economic recovery • Vertically integrated manufacturing for peak efficiency • Full “Green Label” usage • 2010 6.1% growth & shifting economic strategies to reflect sustainability • Rupiah strengthened by 4.2% & higher interest rates help lessen the inflation pressures • 2010 led a strong recovery of Polyester exports to the U.S. at $11.32 billion
PolYESter Filament Yarn • Formed by using faster spinning speeds • Round & Trilobal Cross sections • Modern applications used to add texture to the yarn • A finished yarn used in decorative pieces • Excellent abrasion resistance, durability & color fastness • Fabric made from the yarns is a lot like pure silk
PolYESter Staple Fiber • Short curly fibers • Suitable to mix with cotton and other man-made fibers • An essential component for non-woven fabrics • Unique because of its versatile nature
Features of the new PolYESter • Self extinguishing • Permanent flame retardant • Environment-friendly • Quick dry & Ventilation • Soft on any skin type: FDA approved • Permanent antimicrobial performance
PolYESter PolYESter Leisurewear Outdoor wear Professional Wear Casual wear Sportswear
US- Indonesia Relations • Positive relationship • Share a common goal of maintaining peace • President Obama launched the U.S.-Indonesia Comprehensive Partnership in November 2010.
US- Indonesia Relations • Still negotiating free trade • 5% tariff rate range for polyester
Political Climate • Indonesia's political system is a constitutional democracy. • Apresident is elected in a general election every five years • The legislature is made up of two bodies • the House of Representatives (DPR) • Regional Representatives' Assembly (DPD)
Additional Information • Also, Member of G20 major economics and East Asia Summit • Signatory of Cairns Group, World Trade Organization. • Geography: 5,120 kilometers archipelagic country which is easy for exporting and importing
Information Cont. • Low Asset Prices $1= 8992 IDR $1= 6.3 CNY • 27th biggest exporting country • 18th largest by GDP 15th largest by Purchasing Power parity
Information Cont. • “Master Plan for the Acceleration and Expansion of Indonesian Economic Development”(MP3EI) - set by the central government - for the period of 2011-2015 - spreading the investment across archipelago - Rp 4,000 trillion are used to develop 6 major economic corridors.
References • Foreign Investment and Company Establishment (2011, Oct 11) Living in Indonesia. Retrieved from: http://www.expat.or.id/business/companyestablishment.html • Making the New Indonesia Work for the Poor (n.d) Retrieved from: http://siteresources.worldbank.org/INTINDONESIA/Resources/Publication/2 80016-1152870963030/2753486- 1165385030085/Overview_standalone_en.pdf • Geography. (n.d) Retrieved from: http://countrystudies.us/indonesia/28.htm • Background note: Indonesia. (2011, June 03). Retrieved from http://www.state.gov/r/pa/ei/bgn/2748.htm • Indonesia. (2011, August 24). Retrieved from http://web.ita.doc.gov/tacgi/OverSeasNew.nsf/alldata/Indonesia • Indonesia. (2008, December 04). Retrieved from http://www.asean.fta.govt.nz/indonesia-political-situation
References Cont. • Indorama Ventures. Polyester facilities. Retrieved from http://www.indoramaventures.com/business_polyester_facilities_skfiber.php • US Department of State. Background Note: Indonesia. Retrieved from http://www.state.gov/r/pa/ei/bgn/2748.htm. • http://www.distancefromto.net/distance-from/United+States/to/Indonesia.