10/22/2013 | 04:26am US/Eastern
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Although the value of the rupiah against the U.S. dollar has not been stabilized, the expansion of PT Semen Indonesia (Persero) Tbk (SMIG) did not subside. In addition to staying focused on two projects in Indarung West Sumatera and Rembang Center Java, SI is also exploring entering Myanmar and Bangladesh markets, SMIG is also exploring entering Myanmar and Bangladesh markets. The reason, the two countries were chosen to strengthen competitiveness in regional markets, particularly South and Southeast Asia.readmore... In the two countries, Myanmar is considered more possible markets. ' Studies continue to be done in there. While in Bangladesh remains to be seen first potential. 2016 is predicted close to 80 million tons. ' We are targeting two factories that we have built to operate in the year 2016 in order to anticipate market needs, ' he said. Marketing Director Amat Pria Darma said the demand for cement in the domestic market is still high, despitebank interest rates also rose as the impact rising rupiah exchange rate against the U.S. exchange rate against the rupiah. Despite the volatility in the U.S. dollar against the rupiah exchange rate, we do not review the sales target of 26 million tonnes,' he said. SMIG current production capacity, has increased with the operation of Tuban 4 and Tonasa 5. This does not include the factory in Rembang and Indarung which will add capacities of up to 6 million tons. Under these conditions, the competitors did not stay silent. They will also build a new plant expansion expected both completed in 2016. Premises that, in the year there will be additional national cement reached 23 million tons, and there is over supply. 'Here are a concern because it will be a war due to over supply, cement companies that have a strong brand, it will win the competition. '
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