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2014.10.15Press Release

MOL Logistics Establishes New Warehousing Company in Indonesia – Enhancing Contract Logistics Business –

October 15, 2014

PT. MOL Logistics Warehouse

TOKYO-MOL Logistics (Japan) Co., Ltd. (President: Tetsuya Minato) today announced the establishment of PT. MOL Logistics Warehouse, a wholly owned subsidiary, in Jakarta, Indonesia.

In Indonesia, which is showing robust economic growth based on its huge population and expanding domestic demand, MOL Logistics started operation of PT. MOL Logistics Indonesia, a subsidiary focusing on air and ocean freight forwarding. It has reinforced the business base with forwarding services for inbound/outbound cargoes as well as household moving services for businesspersons transferring from Japan and returning to Japan. In the warehousing and distribution fields, MOL Logistics started operating a warehouse in the Cikarang area at the end of 2013, providing temporary warehousing of electrical appliances and consumer products and warehouse entry/dispatch services for Japanese corporate customers.

The new warehousing company allowed MOL Logistics to develop independent logistics services. The company will also apply the dedicated contract logistics know-how that MOL Logistics has accumulated in China and other markets around the world, and offer services that meet a wide range of needs, such as product storage involving import/export, inventory control, sorting, pickup, delivery, and other distribution center services.

MOL Logistics continues to develop and expand its worldwide network, improve service quality, and propose and deliver optimal logistics services tailored to individual customer needs.

 

<Outline of new company>

Name PT. MOL Logistics Warehouse
Paid-in capital US$ 300,000 (about ¥33million)
Foundation May 7, 2014 (registered date)
Start of operation October 1, 2014
Representative President Director Hiroshi Arita
Business Warehousing
Address Menara Global Building 10th floor
Jl. Jend Gatot Subroto kav.27 Jakarta 12950
TEL (62-21) 5270318  FAX (62-21) 5270328

 

At the front door of the office on October 7
At the front door of the office on October 7
from left: PT. MOL Logistics Warehouse Director Daichi Uno, MOL Logistics Japan President Tetsuya Minato, MOL Logistics Japan Director Yoshiaki Kanamori (PT. MOL Logistics Warehouse Commissioner), MOL Logistics Japan Managing Director Masami Yamamoto, PT. MOL Logistics Warehouse President Director Hiroshi Arita