Description of PT Waskita Beton Precast Tbk
PT Waskita Beton Precast Tbk (WSBP) was formally established as a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT) on October 7, 2014. WSBP is a company that focuses on precast and ready mixed concrete production, as it became the largest current producer in Indonesia. The company listed its first shares on the Indonesian Stock Exchange market (Bursa Efek Indonesia/BEI) on September 20, 2016.
Shortly after IPO 2016, various achievements and goals have been surpassed by the company, with the inclusion of winning the Alpha 10th Annual Best Deal & Solution Award Southeast Asia 2016, with funds reaching above 5.1 trillion rupiahs. Following that, WSBP also got included in the Morgan Stanley Capital International (MSCI) 2017, the Index LQ45 in early 2018, as well as the Indeks Kompas 100 in 2018.
Alongside that, WSBP earned 3 verified certificates for system management integration in 2017, which includes the ISO 9001: 2015, based on Quality Management System, the 14001:2015 on Environment Management System, and OHSAS 18001:2007 on Occupational, Health and Safety Management System. WSBP also became a leading example for health management and work safety standards.
As of this moment, the company has an approximate production capacity as much as 3,25 million tons every year, with support from 11 working plants, as well as 72 batching plants and 5 quarries. In early 2018, the production capacity increased to 3,75 million tons/year, which became a benchmark for the company, as well as a note to keep on increasing production, in order to reach their target; 500 thousand tons/year or 600 thousand tons/year in production increase. This subliminal increase in capacity is achievable due to the production aid from 2 of WSBP’s most recent working plants, located in East Borneo and North Sumatera.
There has been various architectural wonders built by using WSBP’s precast & ready mix concrete, including Bali’s Benoa highway, the Gempol-Pasuruan highway, the Gempol-Porong highway, the Pejagan-Pemalang highway (both packets 1&2), an LRT in Palembang, the Becakayu highway sections 1B and 1C, Terminal 3 in Soekarno Hatta International Airport, the busway route in Adam Malik, an underpass in Palembang, as well as other massive Indonesian architectural projects.
In order to maximize the utility of product commitment and innovation, WSBP built a 3 - story laboratorium in Karawang, ranging across 1,1 ha and 2.261m2> in land and building area. The construction of the laboratory is considered to be a step further for WSBP, in terms of completing lab production tools and materials in every working plant. Active and operating laboratories in May 2018 is intended for research activities, to support and utilize the birth of upcoming products and innovations, in order to continue carrying out the development of architectural and business projects.