Sunindo Pratama Tbk (SUNI) embarks on a significant venture, investing Rp432 billion (approximately SGD 36.72 Million) in constructing a new plant in Batam for its subsidiary, PT Rainbow Tubulars Manufacture (RTM). The move reflects SUNI’s strategic growth plans and commitment to meeting industry demands.
The new factory, spanning 50,793 square meters, will facilitate the production of seamless pipes and OCTG tubing, crucial assets for SUNI’s operations. The investment encompasses land acquisition, construction, and procurement of production machinery.
The expanded facility will double SUNI’s production capacity to 60,000 tons per year, catering to domestic and international markets, potentially reaching 70,000 tons annually.
The investment aligns with SUNI’s goal to diversify its product range and expand market share, especially in the oil and gas sector, both domestically and abroad.
Scheduled for operation in 2025, the new plant is expected to enhance SUNI’s operational and financial performance, contributing positively to the company’s growth trajectory.
SUNI demonstrates its commitment to environmental responsibility by integrating solar panels on the factory rooftop, aimed at generating renewable energy and reducing carbon footprint.
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The project also emphasizes social responsibility, with plans to allocate 12% of the factory area for green spaces and the potential employment of up to 250 local workers in Batam.
SUNI’s investment signifies the company’s dedication to innovation, sustainability, and economic growth. The expansion not only strengthens Batam’s industrial landscape but also underscores the region’s potential as a hub for manufacturing excellence.
Sunindo Pratama initiates the construction of a new Batam plant, investing Rp432 billion (approximately SGD 36.72 Million) to double production capacity. The project aligns with SUNI’s growth strategy, supporting industry demands, environmental sustainability, and local employment.
