Semen Gresik to build factory in Myanmar in 2013

After acquiring cement producer Thang Long Cement from its Vietnamese owners, Indonesia's cement maker PT Semen Gresik (SMGR) plans a new plant in Myanmar by the end of 2013.

SMGR president director Dwi Soetjipto said on Tuesday that the company was now approaching local partners in Myanmar with a view towards a joint venture and the new cement plant in Myanmar should be finished by the end of 2013.


The company intends to improve cement production in Vietnam with a production target of 2.3 million tons in 2013. “Thang Long produces 1.3 million tons of cement now. We expect to produce a total 28.3 million tons this year, including 2.3 million tons from Thang Long,” he said.

The SGMR Group (PT Semen Gresik, PT Semen Tonasa and PT Semen Padang) is expected to have produced around 22.6 million tons in 2012 to be increased to 26 million tons this year.

Besides increasing productivity, SGMR plans to build two new domestic cement works in Rembang, East Java, and Padang, West Sumatra, both with production capacity over 2.5 million tons. (cor/iwa)

source: The Jakarta Post
http://www2.thejakartapost.com/news/2013/01/01/semen-gresik-build-factory-myanmar-2013.html