IMPC plans to acquire factories in Southeast Asia

As one of the business development strategies this year, the building materials manufacturer, Impack Pratama Industri (IMPC), plans to acquire both domestic and foreign manufacturers
.

Currently, Impack Pratama Industri is expanding its business and will acquire fiber reinforced plastics (FRP) and polycarbonate (PC) manufacturers in Southeast Asian (ASEAN) countries
.

Nevertheless, Lenggana Linggawati, the company secretary of Imppack Pratama Industri, disclosed that the success rate of the acquisition plan cannot be determined yet because there are external factors beyond the control of Imppack Pratama Industri
.

The amount of the acquisition cannot be announced yet, as Impak Pratama Industri is still exploring potential indicators
.
"The acquisition financing will be a combination of internal company cash and bank loans
.
"

This year, Impak Pratama Industri has allocated Rp 180 billion in capital expenditure, which is a combination of internal company cash and bank borrowings, she added
.
"The capital expenditure of Rp 110 billion will be for the budget for land and buildings, and the rest for the budget for machinery, equipment, and vehicles
.
"

In 2022, the IMPC company has set a target, and the revenue will reach 2.
6 trillion rupiah.
In order to meet the target, the IMPC company has implemented various strategies this year
.

In addition to the acquisition plan, IMPC is also trying to innovate its organic business with new products.
In early 2022, IMPC will launch the affordable LaserTuff brand of uPVC roofing materials
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She clarified that IMPC has set targets to increase sales of new products by 7,000 tons per year, mainly new products of the Alderon brand and LaserTuff brand of uPVC materials
.

Despite good business indicators, this year, Imppack Pratama Industri still faces several challenges in its business operations, among them the still-unstabilized COVID-19 outbreak, mainly Omicron, which hit in late 2021.
Xenovirus strains
.
“In addition to this, we also see a trend of ups and downs in the raw material supply chain, mainly polycarbonate (polycarbonate), polyvinyl chloride (PVC), silicone sealant (silicone sealant) and adhesive (adhesive)
.
On top of that, shipping costs are high as the container crisis remains a challenge for our business
.
”