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Siam Minerals Company News

Siam Minerals Expands to Indonesia

Siam Minerals is now working with Munich, Germany-based Algerchem for the distribution of our drilling fluids in Germany.
Siam Minerals is proud to announce the establishment of PT Siam Minerals to supply our chemicals and expertise for the dynamic Indonesian market.

Siam Minerals has an experienced team of drilling fluid specialists on the ground, and with warehouses in Jakarta and Surabaya, the company is well-positioned to address the demand East and West Java, and to supply our products to Sumatra and Kalimantan.

According to TechSci Research, Indonesia’s rising disposable income and expanding population base is boosting demand for modern construction and this is anticipated to augur well for the high-quality construction chemicals market in the country through 2026.

 With a large number of initiatives by the Indonesian government towards the development of transport infrastructure, including plans to develop ports for handling higher passenger and cargo traffic, demand for construction chemicals is expected to remain strong in the coming years.

 “Given our focus on drilling fluids for civil engineering works, horizontal directional drilling and mining exploration, I’m excited about the expansion of Siam Minerals to this growing market,” director Alexander Landau said.

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Siam Minerals Expands to Singapore

Siam Minerals will be opening a sales office in July 2019 in the city-state to cater to its growing demand for high-quality drilling muds, adding to the firm’s regional footprint that already covers Thailand and Indonesia.

Singapore’s construction industry is set to grow by 3.3% per annum from 2019 to 2028, spurred by megaprojects in the transport sector, according to research by Fitch Solutions. These projects include the Thomson-East Coast Line, Changi Terminal 5, and the new Tuas Mega Port.

“Projects in the pipeline over the next decade are expected to spur demand for construction and related services, so we’re looking forward to bringing our support and expertise to the market,” Siam Minerals managing director Alexander Landau said.

For more information or to schedule a meeting in Singapore, please email admin@siam-minerals.com.