Cooperation with Lenzing is an important step to establish the FKT
label in the textile industry," Michael Doser, board member of the Fordergemeinschaft Korpervertragliche Textilien, explains.
FKT has two factories located in the Industrial Estate of Pulogadung, East Jakarta.
The entire production process by FKT starts from the blending of base oil and additives to packaging is handled by robot.
The basic material in the form of base oil for PT FKT is supplied from PT Baria Bulk Terminal and additives from Southeast Asia (Pte) Ltd.
FKT has established a wide network of distributors to boost sales all over Indonesia.
In 2013, Mitra Pinasthika Mustika acquired 17% more stake in PT FKT valued at Rp 300 billion making it the sole owner of FKT.
PT FKT which produces lubricant oil for motorcycles, reported sales up 12% to Rp1.
7 million for FKT, which mainly supplies German original equipment manufacturers (OEMs) with automotive sun blinds and storage solutions.
The manufacturer bought FKT for pounds 4 million in cash and up to pounds 3.
FKT employs 115 people at one facility in Pforring, near Ingolstadt in southern Germany, and in 2004 made pounds 300,000 pretax profit on sales of pounds 6.