SEAPI, DST to cooperate

SEAPI, DST to cooperate

JAKARTA (JP): Local steel pipe company PT South East Asia Pipe
Industries (SEAPI) agreed here on Friday to cooperate with
Argentinean steel pipe company Dalmine Siderca Tamsa (DST) to
upgrade the quality of its products.

SEAPI president Abas F. Soeriawidjaja said the Argentinean
company would help SEAPI improve the quality of its pipes in a
bid to increase its exports.

"DST will support SEAPI pipe production to develop its export
markets, including the Middle East," Abas said following the
signing of the agreement.

Abas said SEAPI, part of Bakrie & Brothers, planned to export
5,000 tons of longitudinally welded steel pipes to Iran this
year.

The cooperation with DST is the initial step in the long-term
project to merge SEAPI with PT Seamless Pipe Indonesia Jaya,
another subsidiary of Bakrie & Brothers, Abas said.

SEAPI has the capacity to produce 200,000 tons a year of
longitudinally welded steel pipes with a diameter of between 24
inches and 48 inches. (03)