Business Activity
Articles of Association (AoA) has been amended several times with the latest amendment as disclosed in Extraordinary General Meetings of Shareholders Deeds No. 69 dated June 16, 2015 drafted before Notary Kumala Tjahjani Widodo, SH, MH, MKn, Notary in Central Jakarta which amendments have been declared and reported to Ministry of Law and Human Rights (HAM) Republic of Indonesia, as stated in the receipt declared under Letter of Ministry of Law and Human Rights Republic of Indonesia No. AHUAH.01.03-0950687 dated July 11, 2015 (further stated as “Articles of Association”). Pursuant to the Articles of Association, the Company’s purpose, objectives and business line refer to business in tire industry covering tire manufacturing with natural and artificial rubber as main materials for all types of two-wheels an four-wheels vehicle. The Company is currently developing two tire brands, Achilles for Passenger Car Radial “PCR”, ST and TBR; and Corsa for Motorcycle Tire “MC”. In addition, the Company also produces tire under brands owned by other companies or known as off-take. According to the Company’s commitment to emphasize on product quality, before distributing the products to public, the Company follows following stages:
Production Process
1. Parts Preparation
The Company intends to always deliver best production result starting from extra careful in selecting material, the raw material used in production process including natural rubber, synthetic rubber, carbon black, polyester & nylon, steel cord & wire and other chemicals, where the material use has been suitable with the Company’s quality standard and procedure. All of the raw materials have been processed and mixed with variety of mixtures based on function in tire construction that will be manufactured, or generally known as compound. The compound has been prepared to be used in a tire construction for tire tread, carcass, tire belt, bead wire, and the inner liner.
2. Parts Assembly
After the components are processed, the components will enter assembly process using tire building machine that is done in separated room to manufacture green tire, where the green tire manufacturing process is produced based on tire size and specifications as requested by Sales Division.
3. Tire Selection and Quality Inspection
After passing curing press process, the tire products will be sent to visual checking unit to be examined by the inspector, where the inspection process is done visually aiming to sort condition of tires whether have been qualified or having production defect, next, the process will be continued using uniformity machine, a machine to check the tire condition based on standard applied by the Company. Overall inspection process is done prior to moving the products to the warehouse. In terms of applicable standard, the Company adapts quality assurance standard using QMS (Quality Management System) referring to ISO 9001:2008 and ISO-TS16949:2009. All of the products have complied with regulatory standards in several countries, among others:
| Certification | Country |
| SNI (Standar Nasional Indonesia) | Indonesia |
| GSO (Gulf Standar Organization) | Middle East |
| SASO ( Saudi Arabia Standard Organization) | Saudi Arabia |
| DOT ( Departement of Transportation ) | USA |
| ECE ( Economic Commission for Europe ) | Europe |
| VSCC ( Vehicle Safety Certification Center ) | Taiwan |
| SIRIM ( Standards and Industrial Research Institute Of Malaysia ) | Malaysia |
| PS Mark ( Philippine Standar ) | Philippine |
| CCC Mark (China Compulsory Certificate Mark) | China |
| SONCAP (Standards Organization for Technical Spesification) | Nigeria |
| INMETRO (Instituto Nacional de Metrologia, Normalizacao e Qualidade Industrial) | Brazil |
| BIS (Bureau of Indian Standard) | India |
| ISO 9001 | – |
| ISO/IEC 17025 | – |
| ISO/TS 16949:2009 | – |
| ISO 14001:2004 | – |
| OHSAS 18001:2007 | – |