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   Tuesday, 25 February 2020  
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PT. Essar Indonesia Earn Certificate of Local Content

Local content - PT. Essar Indonesia (PTEI),  one of the largest Steel manufacturing effective from September 2009 compliance with Tingkat Komponen Dalam Negeri (TKDN).  In the implementation of the Presidential Decree, the government published a reference in the procurement of goods / services in Indonesia. The reference is an inventory list of Goods / Services Domestic Production which contains important information about producers, products, and the value of local content (TKDN) goods / services in the country arranged by categories of goods / services, as a reference in the procurement of goods / services in Indonesia.

PTEI, absorb local content for products (CRC & GI) used raw material HRC from PT. KS, the local content value of HRC  42.67% . Based on calculation, an according Mr. Agus Sutisna PT. Essar Indonesia local content value for CRC is 40.33% and 39.40% for GI.

Compliance with TKDN and hold the certificates for ISO 14001 and OHSAS18001 generate additional value 3% for BMP. Hence total content value becomes:

-          CRC        : 40.33% + 3% = 43.33%

-          GI            : 39.40% + 3% = 42.40%

‘‘Its obvious pride for the continuation of the steel manufacturing, "said Mr. Neeraj Dispande (GM Product Development). The reason is, Essar one of multinational company in Indonesia follow Indonesia governance rule consistently. The certicate verify by PT. Surveyor Indonesia.

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