Thu. May 26th, 2022

PT Semen Indonesia Tbk. (SMGR) plans to increase its cement
production capacity in Vietnam by expanding and increasing the number of
its plants in that country, its president director Dwi Sutjipto has
said.

The expansion plan will be announced during a
discussion between Indonesia’s 10 leading businesses and Vietnam’s 20
big enterprises in Jakarta during President Truong Tan Sang’s State
visit to Indonesia.

SMGR’s plan looks to make Vietnam as the hub
of cement marketing for the ASEAN region, Dwi Sutjipto said on the
sidelines of “BUMN Innovation Expor Award 2013” on June 27.

PT Semen Indonesia early in 2013 entered Vietnam by acquiring around
70 percent of shares of Thang Long Cement Vietnam to which PT Semen
Indonesia invested around 1.5 trillion Rp.

The production
capacity of Thang Long cement factories, one in North and another in
South Vietnam, currently reach 2.3 million tonnes a year and they are
mainly for meeting domestic needs in Vietnam.

In 2013, PT
Semen Indonesia’s production is set at more than 15 million tonnes
coming from Semen Padang 6.5 million tonnes, Semen Tonasa 7 million
tonnes, Semen Thang Long 2.3 million tonnes and from Rembang whose
development is expected to be completed this year with a capacity of
around 3 million tonnes.-VNA

By vivian