SMKL Aims to Boost Exports


PT Satyamitra Kemas Lestari Tbk (SMKL) seeks to boost the export market following the domestic business slowdown. Consequently, the carton packaging producer will build a new factory in Central Java. The director of SKML, Herryanto Setiono Hidayat, revealed to Kontan that the factory could produce up to 150,000 tones per year.

The company hopes that the new factory could improve exports from five percent to 20-30 percent of the total sales. It is currently partnering with a US-based retail company, Walmart, to export 150 shipping containers of paper bags. The value of the contract between SMKL and Walmart is approximately US$ 10 million.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.