The Ministry of Industry fully supports the national textile and textile product (TPT) industry which is increasing its investment to carry out technological transformation, especially in implementing a circular economy and green industry. "I believe that if this SPV product can penetrate the European market, it will certainly increase the export value of national textile industry products to the global stage. "Moreover, the current world market trend is towards green products," said Plt. Director General of the Chemical, Pharmaceutical and Textile Industry (IKFT) of the Ministry of Industry, Taufiek Bawazier at the Inauguration of PT South Pacific Viscose (SPV) Lenzing Ecovero Products in Purwakarta, West Java, Thursday (21/9/2023).
On this occasion, Plt. The Director General of IKFT together with the Directors of PT SPV released three containers marking the first export of Lenzing Ecovero products. Lenzing Ecovero is an environmentally friendly viscose fiber that follows the concept of sustainability because it comes from renewable natural sources, has less water impact and low CO2 emissions. Apart from that, the process and management have received the internationally recognized EU Ecolabel certificate.
Taufiek emphasized that his party will also continue to optimize the absorption of these products in the domestic market. This effort needs to be supported by all relevant stakeholders, such as ministries and institutions as well as industry associations. "So, this domestic market must be filled by domestic industry," said Taufiek.
In order to achieve this target, the Ministry of Industry will strengthen regulations with the aim of facilitating the entry of investment and supporting technological transformation and the transition to a green industry. Regulations are regulated starting from the upstream, intermediate, to downstream sectors so that they are integrated.
Furthermore, the Ministry of Industry encourages the industrial sector to actively produce technological and product innovations.
“This will certainly boost national economic growth. Because industry is the largest contributor to national GDP, including its tax contribution. "Moreover, over the past 24 months Indonesia's manufacturing PMI has remained expansive, which is also in line with the Industrial Confidence Index (IKI) released by the Ministry of Industry," he explained.
Taufiek also said that the business climate in Indonesia was classified as conducive because it was marked by the performance of investment realization in the first semester of 2023 which reached IDR 678.7 trillion or reached 48.5% of the target set by the government of IDR 1,400 trillion. "Amounting to 39.8% is contribution from the industrial sector," he said.
In this case, the Ministry of Industry appreciates the steps taken by PT South Pacific Viscose as the largest producer of rayon fiber in Indonesia which has invested US$ 100 million or around IDR 2 trillion to carry out technological transformation efforts with the aim of product differentiation and implementing sustainability through line development. viscose rayon products that are more environmentally friendly, namely Lenzing Ecovero products. Through this additional investment, the total employment has reached 1,500 people.
“The launch of the Lenzing Ecovero product can be an example and breakthrough for other companies. Apart from carrying out transformation, it also helps increase international market absorption. "In fact, this includes creating innovation, because innovation is the key to being more successful and competitive," explained Taufiek.
