IMPC - Aims to expand uPVC production and market

Impack Pratama Industri (IMPC) has set its sights on completing the construction of a new factory in the Integrated Industrial Zone of Batang (KITB), Central Java, by 1Q24. The new factory will house a uPVC ceiling machine with a production capacity of 9000 tonnes/year. The decision to establish the factory in KITB stems from IMPC's strategic al to reduce transportation costs for deliveries beyond Java Island whilst expanding its market presence outside of West Java. Impack Pratama Industri has earmarked approximately 53.57% of the firm's capex or around IDR150 bn to finance the new factory expansion in KITB. In 1Q23, IMPC achieved a net revenue of IDR744.03 bn (+5.82% yoy). For the 2023 fiscal year, IMPC aims to achieve a revenue of IDR3.3 tn. With the forthcoming addition of the new factory, IMPC is well on its way to realizing its expansion plans and, ultimately, its financial als. (Source : Kontan )