Indonesia's largest cement firm, Semen Indonesia, formerly known as PT Semen Gresik, says it plans to open a new plant in Burma by the end of 2013, according to the Jakarta Post on Wednesday.
The company’s president director Dwi Soetjipto said on Tuesday that the company was now approaching local partners in Burma, officially known as Myanmar, with a view towards a joint venture, the report said.
Semen Indonesia Tbk recently acquired Vietnam’s Thang Long Cement, saying it intends to improve cement production in Vietnam with a 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,” said the company’s president director.