| |SEPTEMBER 20269Nexen Tire is expanding renewable energy use across its Korean plants as global automakers urge suppliers to reduce emissions. The tire manufacturer signed a renewable energy direct power purchase agreement with SK Innovation E&S, enabling it to procure electricity directly from a renewable energy provider. At its Changnyeong facility in South Gyeongsang Province, Nexen Tire plans to replace leased rooftop solar systems with company-owned installations.Solar capacity at the facility is expected to exceed 10 megawatts by 2028, with renewable energy projected to account for around 9 percent of its total electricity consumption. The company is also exploring solar power generation at its Yangsan facility, supporting its clean energy transition and broader sustainability goals while further advancing long-term sustainability efforts. Indonesia and China have agreed to increase bilateral trade beyond the existing US$167 billion, highlighting untapped economic potential following their first Comprehensive Strategic Dialogue (CSD) in Jakarta. After meeting Chinese Foreign Minister Wang Yi, Indonesian Foreign Minister Sugiono said both countries will strengthen economic ties and strategic cooperation in areas including energy, minerals, and maritime commerce.Upcoming technical projects are expected to include jointly developed communication satellites and greater financial collaboration through local currency transactions. The two strategic partners also reaffirmed their commitment to funding ongoing Belt and Road Initiative projects, particularly the Jakarta­Bandung High-Speed Railway, while exploring measures to increase passenger capacity. Discussions also covered broader defense and diplomatic priorities, reflecting efforts to deepen the countries' strategic partnership. SUSTAINABILITYINTERNATIONAL TRADENEXEN TIRE BOOSTS SHIFT TO RENEWABLE ENERGY AT KOREAN PLANTSINDONESIA-CHINA TO BOOST TRADE BEYOND $167 BILLION THRESHOLD"In the future, competition will be between ecosystems, not companies." - Jack Ma, Founder, Alibaba GroupQUICK FACT................................
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