In Political Year, Surya Biru Murni Acetylene Focuses On Expanding Market Share

Photo: Doc. PT Surya Biru Murni Acetylene Tbk (SBMA)

JAKARTA - Until 2050, especially natural gas which is used as energy for the transition to Net Zero Emission in 2060. The government continues to strive to maximize the use of national oil and gas.

In the last two years, the world's liquefied natural gas (LNG) has been marked by a surge in demand and competition to secure the domestic supply of each country. However, this is also predicted to be followed by a slowdown in demand in 2024.

Gas is seen as the best and most accessible alternative to replace coal, and the transition from coal to gas is expected to continue next year. However, there are still challenges that must be faced, namely stricter emission regulations and inadequate transportation infrastructure, including Indonesia.

Welcoming this, gas producer issuer PT Surya Biru Murni Acetylene Tbk (SBMA) in early 2024 will continue to expand its massive business. President Director of SBMA Rini Dwiyanti in her official statement said the SBMA market share in Kalimantan and Eastern Indonesia was quite strong, especially the island of Kalimantan.

"We have presence in various groups, ranging from roadside workshops to companies of Pertamina," he said, Thursday, January 11.

History proves that SBMA's business has no significant effect during the political year

"We have strong confidence that we will continue to grow from all sectors. SBMA's focus on sustainability and service diversity will help in maintaining stability amidst political changes. Our next focus is to expand the market share by increasing liquid sales, so that it can continue to grow sustainably," said Rini.

Rini also said that although the shipping industry is currently experiencing a downward trend, management optimism remains high.

"In East Kalimantan, we see consistent growth. Although the community has generally decreased, we managed to record an increase every month. Our principle is that as long as metals are still used in ship repair, there will definitely be demand for oxygen and acetylene to assist in ship repairs," explained Rini.

The company's revenue does not depend on one particular sector. SBMA's advantage lies in the diversification of services, which helps face challenges better.

"Every sector we serve strengthens and supports the foundation of the company. Therefore, we can maintain revenue stability without being too affected by changes in one sector alone," said Rini.

In 2024, Surya Biru Murni Acetylene (SBMA) capital expenditure is planned for the purchase of lorry tanks, cylinders, and iso tanks that support SBMA operations. The allocation of funds will be adjusted to project needs.

"The source of the funds comes from the company's internal cashflow and a possible loan from the bank, affirming our commitment to sustainable growth," concluded Rini.