PT STEEL PIPE INDUSTRY OF INDONESIA (ISSP.JK )
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Steel Pipe Industry (ISSP) has absorbed all Capex 2019
Issuers of steel and iron pipe manufacturers PT Steel Pipe Industry of Indonesia Tbk (Spindo) are able to absorb capital expenditure to the maximum throughout 2019.
Deputy Director of Spindo, Tedja Sukmana Hudianto explained that this year's capital expenditure (capex) of Rp 50 billion has been absorbed by all.
"The absorption of capital expenditure this year is already outstanding. The capex is absorbed for the needs of machine efficiency beyond maintenance, purchasing of cutting machines, accumulative welding machines, "he explained when met by Kontan.co.id in Sidoarjo, Tuesday (26/11).
Tedja said that capital expenditure next year is certain to be greater than this year. But Tedja does not want to disclose the exact amount of capital expenditure next year.
Nevertheless, Tedja could notify several ISSP-coded shareholders' investment plans on the Indonesia Stock Exchange next year. Among them, upgrading one galvanized machine line that was previously still manual to be automatic. With that, it is expected that rough calculations of efficiency are quite large.
The Galvanized machine upgrade is targeted to be completed in the third quarter of 2020. The investment value for the upgrade is around Rp 8 billion. Tedja said upgrading just one machine had significantly increased capacity. In fact he said it could grow up to five times that of before.
In addition to renewing the Galvanized engine, Spindo will also conduct efficiency in other engines. There are two cutting machines in unit three that will be replaced. With this efficiency utilization can grow 10% yoy from 60% in 2019 to 70% in 2020.
The warehouse is still planned for a year there are two warehouses to be opened. Tedja explained how this was done to reach markets that had not yet been entered. It will also improve distribution connectivity. The closest plan is the completion of a depot in Makassar in the third quarter of 2020.
ISSP Corporate Secretary and Investor Relations Johannes Edward added that development and efficiency plans will be intensively carried out until 2021. "Spindo will also digitize the head office system and improve operational sales through digital marketing," he said.
Marketing development through social media for the dissemination of Spindo's products will also be maximized. Johannes gave an example, the company has a Facebook account that provides warnings to the public or prospective employees related to fraud. As for his Instagram account, there are many interesting programs and the introduction of Spindo products.
Meanwhile, besides updating the Galvanized engine, Spindo will also digitize trucks. Johannes explained this digitalization was applied to monitor fleet operations. Later with this digitalization, Spindo will be able to reduce the cost of funds by 10% or Rp. 40 billion annually.
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) once again proved its commitment in supporting the development of modern infrastructure in Indonesia. This time, SPINDO contributed to the prestigious project “Superblok Pekayon Pakuwon” located in Bekasi by supplying high-quality steel pipes for the building's chiller system. In this project, SPINDO provided SNI 0039:2013 Spiral Pipe with various sizes, namely 10“-28” (508-711 mm x 6.4-9.5 mm x 6000 mm) . The total tonnage of steel pipes supplied reaches 91.5 tons which will be used as part of the building cooling system (chiller system). This system has a crucial role in maintaining the efficiency and comfort of the environment in the building, especially in regulating the temperature and air circulation optimally.
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) kembali membuktikan komitmennya dalam mendukung pembangunan infrastruktur modern di Indonesia. Kali ini, SPINDO berkontribusi dalam proyek prestisius “Superblok Pekayon Pakuwon” yang berlokasi di Bekasi dengan memasok pipa baja berkualitas tinggi untuk sistem chiller bangunan.
Sebelum melakukan pembelian dalam jumlah besar, penting bagi Anda untuk memahami harga pipa galvanis agar mendapatkan produk dengan kualitas terbaik dan harga yang sesuai dengan anggaran.
Harga pipa besi di pasaran bisa sangat bervariasi tergantung pada beberapa faktor. Bagi para kontraktor, pelaku industri, atau bahkan individu yang membutuhkan pipa besi, memahami faktor yang mempengaruhi harga serta cara memilih pipa besi yang terbaik sangatlah penting agar mendapatkan produk yang sesuai dengan kebutuhan.
Material yang digunakan pada bangunan tak hanya menentukan kekuatan struktur, tetapi juga efisiensi biaya. Untuk itu, memahami jenis material dalam konstruksi bangunan adalah langkah krusial untuk memastikan ketahanan jangka panjang suatu proyek.
Tidak semua stainless steel memiliki karakteristik yang sama. Ada berbagai jenis stainless steel yang dirancang untuk kebutuhan tertentu dalam berbagai sektor industri.
Besi hollow galvanis merupakan material yang sangat populer dalam industri konstruksi. Sebagai produsen, memahami ukuran besi hollow galvanis yang paling sering digunakan dalam bangunan akan membantu Anda menentukan strategi produksi, pemasaran, dan distribusi yang tepat.
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) made another achievement by winning the “Best Sustainability-Linked Bond” award at The Asset Triple A Awards-ASEAN/DEAL Awards for the Sustainable Finance 2025 category.
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) kembali mencetak prestasi dengan meraih penghargaan "Best Sustainability-Linked Bond" dalam ajang The Asset Triple A Awards-ASEAN/DEAL Awards untuk kategori Sustainable Finance 2025.
Salah satu material yang sering digunakan dalam konstruksi adalah galvanis hollow karena sifatnya yang tahan terhadap korosi. Galvanis hollow sering dipilih untuk berbagai jenis proyek, mulai dari pembuatan pagar, kanopi, hingga struktur bangunan modern.