PT Pelat Timah Nusantara Tbk or PT Latinusa in short, the only tinplate producer – raw material of can - in Indonesia, has booked net income for 1H – 2011 as much as 3,3 bilion. This net income sustain decreased if compared with the same quarter for last year as much as 55 billion, this is caused by net sales decreased from 722 billion to 631 billion.
Decreasing net sales caused by import tinplate attacked from several country, moreover start revolving "fake tinplate" (low quality tinplate) to domestic market from China. Low quality tinplate didn’t used TMBP (Tin Mill Black Plate) as raw materials like PT Latinusa, but it use SPCC or CRC (Cold Rolled Coil) which is not favorable for food and beverage packaging.
Moreover, price of SPCC and CRC is very cheap if compared with TMBP price, it involve PT Latinusa have adversity to compete in market due to PT Latinusa have high quality tinplate priority especially for food and beverage packaging.
"Now China agressively do penetration to domestic market" said Ardhiman, President Director of PT Latinusa. "However we have taken steps to avoid our adversity now, among others we already proposed to goverment for determination standard quality SNI (Standar Nasional Indonesia) for import tinplate so that it can effectively filter low quality tinplate" adds Ardhiman.
"Now revamping project has already running" adds Ardhiman. This project aims to increasing product quality although efficiency and it can increasing production capacity become 160 thousand ton currently 130 thousand ton for a year. "Our target it will finished at early of 2012" his augment. "When it is done we convinced we can compete to fulfill domestic market needs with competitive price due to we steady optimized high quality tinplate which is save for food and beverage can packaging
"Ardhiman still optimist PT Latinusa afford reached domestic market share more than 50% for this year, if seen very wide market opportunity in Indonesia especially for food and beverage packaging needs.
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