JAKARTA, investor.id - The Indonesian government has asked the mining industry to downstream the mineral and mining industry. President Jokowi recently stated that in the future Indonesia will no longer export raw materials.
For this reason, companies are asked to immediately downstream products in the country to increase added value so that they can encourage domestic economic growth.
The downstream mining industry has been carried out by PT Timah Tbk. This tin mining company has been doing tin downstream for a long time by establishing a subsidiary PT Timah Industri in 1998 and since 2010 PT Timah Industri has produced tin chemical and then tin solder in 2015.
“PT Timah has been doing tin downstream since the first by establishing PT Timah Industri which is concerned about tin downstream. The main goal is to increase added value by expanding the market, especially tin derivative products," said President Director of PT Timah Mochtar Riza Pahlevi in ??a statement in Jakarta, Monday (20/12).
The presence of PT Timah Industri also plays a role in supporting the absorption of domestic tin consumption, as it is known that more than 90% of Indonesian tin produced is exported abroad.
President Director of PT Timah Industri, Ria Wardhani Pawan said that currently PT Timah Industri as a manufacturing company has implemented international and national standards as well as other standards such as FDA for the American Market and REACH for the European Market.
Ria said Timah Industri had downstream tin by making tin chemical and tin solder products to meet the needs of the export market to America, India, China, Taiwan, and several European countries. The market demand for tin chemicals and tin solder in the country is still very small.
"The downstream of tin metal into tin solder can increase the value-added by about two times, while from tin metal to tin chemical it is about three times," he explained.
Timah Industri currently has 3 chemical plants and 1 tin solder factory, namely Stannic Chloride (SnCl4) with a capacity of 3,000 tons under the BANKASTANNIC brand, Dimethyltin Dichloride (DMT) with a capacity of 8,000 tons under the BANKASTAB DMT Series brand, then, Methyltin Stabilizer (MTS) with a capacity of 10,000 tons. with the brand BANKASTAB MT Series, and tin solder with a capacity of 2,000 tons under the brand BANKAESA.
Ria explained that tin solder products are used in the electronics and automotive industries, while tin chemical is used in the Polyvinyl chloride (PVC) industry as a tin stabilizer additive for the manufacture of construction pipes, profiles, transparent PVC plastic, and others.
Source : https://investor.idhttps://investor.id/business/275183/lebih-dari-satu-dekade-pt-timah-tins-hilirisasi-mineral
