More jobs for Sarawak Consolidated Industries


  • Business
  • Monday, 19 Sep 2011

KUCHING: Sarawak Consolidated Industries Bhd's (SCIB) precast concrete products and industrialised building systems (IBS) are in demand for the construction of manufacturing plants by energy-intensive industries and access roads to hydroelectric dam projects in Sarawak Corridor of Renewable Energy (Score).

General manager Chai Tze Khang said SCIB was now supplying precast concrete products, like foundation piles and U culverts, worth more than RM3mil to Tokuyama Corp and Press Metal Bhd's projects in Samalaju Industrial Park, Bintulu.

Tokuyama is constructing a polycrystalline silicon plant while Press Metal is building a new aluminium smelter.

“We are expecting more jobs from Tokuyama in its phase II expansion project and Press Metal,” he told StarBiz.

Chai said SCIB was looking into supply contracts to other potential clients when they started to build their factories in Samalaju Industrial Park.

These clients include Asia Minerals Ltd and OM Materials, which are now both undertaking earth works to set up manganese smelting plants.

Another 10 investors were reportedly planning manufacturing facilities in Samalaju to take advantage of the competitive power from the 2,400MW Bakun dam.

Chai said SCIB was supplying infrastructure products for the construction of access roads to the 944mw Murum dam under construction and pre-stressed beams for the construction of new bridges.

He said SCIB completed last month a RM10mil contract for the supply and installation of IBS components, precast building columns and hollow core slabs for the construction of Universiti Malaysia Sarawak's (Unimas) central teaching faculty and faculty of health science buildings and Islamic centre.

Production of the hollow core slabs began last year.

“We started last month to supply IBS components and precast beams, structural frames and hollow slabs to the Summer Shopping Mall project here. The contract is worth about RM6mil and will be completed in the next five to six months,” he added.

Chai said due to labour shortage and product quality concerns, more developers had opted for precast concrete products and IBS prefabricated concrete components for their projects.

In the earlier years, SCIB's IBS components were used mainly in the construction of rural public libraries.

SCIB now owns and operates three factories in Kuching under wholly-owned subsidiaries SCIB Concrete Manufacturing Sdn Bhd, SCIB Industrialised Building System Sdn Bhd and SCIB Infrasworks Sdn Bhd.

The factories have a combined installed capacity of 10,000 tonnes/month and are now operating at between 70% and 90% levels.

“Currently, we are focusing on maximising the installed production capacity to meet the increasing demand for the various products,” Chai said, adding that SCIB's group revenue had been growing by about 15% yearly in the past four years.

Besides catering to the Sarawak market, SCIB which has some RM15mil contracts in hand exports its products to Sabah and Brunei.

For the financial year ended Dec 31, 2010, the SCIB group registered revenue of RM43.9mil and a net profit of RM825,000. It returned to the black last year after several periods of consecutive losses.

For the first half of 2011, the group posted a pre-tax profit of RM1.04mil while revenue stood at RM22.1mil against a pre-tax loss of RM439,000 and revenue of RM20.8mil in the previous corresponding period.

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