Solusi Bangun Indonesia Plans Direct Concrete Sales Through Toll Manufacturing
Bitget2026/10/21 07:12- Solusi Bangun Indonesia plans to trade concrete and related products directly following its subsidiary Solusi Bangun Beton's merger into Varia Usaha Beton.
- The business will use toll manufacturing, with the company retaining commercial, material procurement and quality assurance functions.
- Operations will begin following shareholder approval, to be sought at a meeting on November 27, 2026.
- Internal funds will finance the initiative, which aims to expand the company's downstream cement business.
- Key risks include high initial working capital requirements, reliance on toll manufacturers and potential conflicts of interest with affiliates.
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