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
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
