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Recently, Michelin Tire began planning to start construction of a rubber plant jointly built in Indonesia
.
According to reports, the rubber project is located in Hillgon, Indonesia, with a planned capacity of 120,000 tons and a total investment of 400 million pounds
.
Among them, Michelin holds 55% and a local synthetic rubber company holds 45%, which is expected to be completed and put into operation
in 2018.