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Related Keywords: APSyFI, dependence on import materials, entered this market, executive member, fabrics for special purposes, fulfil national demand, Indonesia many big firms, Indonesian Association of Synthetic Fiber Producers, investing, Prama Yudha Amdan, PT Asia Pacific Fibers, push up production, specialty textiles segment

Indonesia’s many big firms have started investing in the specialty textiles segment to push up production in specialty textiles or fabrics for special purposes, such as sofa and shoes to fulfil national demand amid the country's dependence on the import of these materials, said Prama Yudha Amdan, the executive member of Indonesian Association of Synthetic Fiber Producers (APSyFI).

Publicly listed PT Asia Pacific Fibers is one company that has entered this market.

Related Keywords: anti dumping duty on yarn, APSyFI, Indonesian Synthetic Fiber Association, polyester yarn in Indonesia, Redma G Wirawasta, safeguard duty on yarn, Spun yarn in Indonesia

Yarn producers in Indonesia have urged the government to impose a temporary safeguard duty on imported yarn, which they claim is severely damaging the local producers. Local yarns, especially made of polyester, were unable to compete with the cheaper imported yarns due to their high cost of production.

Related Keywords: antidumping, APSyFI, filament yarn, import raw material, Indonesia government, Indonesian Synthetic Fiber Producers Association, local product, Ministry of Economy, national industry, trade deficit, unfair trade practices. Indonesian Anti Dumping Committee

The Indonesian government is making all attempts to lower dependence on imported of raw materials and looking at way to substitute import raw material with local products. In this attempt, the Ministry of Economy in coordination with other minister are putting efforts to deal with the trade deficit which has surged from imported products and also has the potential to hit the national industry.