Bakrie and Cobod join hands for 3D construction printing in Indonesia

Focus on building and housing markets

The JV partners will establish a dedicated Indonesian joint venture company aimed at developing the 3D construction printing business (JV)

Leading 3D construction printing technology supplier Cobod International has entered into a joint venture agreement with PT Modula Sustainability Indonesia, a subsidiary of PT Bakrie & Brothers, to establish a joint venture aimed at developing a 3D construction printing business in Indonesia.

PT Bakrie is one of Indonesia’s foremost corporations and Bakrie & Brothers is the lead company of the Bakrie Group, an 80-year-old business group in Indonesia. The group controls and operates businesses in multiple industries. Modula Sustainability Indonesia is a subsidiary of BNBR, focusing on offering and providing solutions for housing backlog problems currently encountered by the country.

Teaming up with Cobod, the company is set to adopt the latest 3D construction printing (3DCP) technology and is ready to offer the Indonesian market a new and better solution for the housing constructions.

The agreement was signed in Jakarta by the CEO of Modula, Indra Ginting, and co-Founder & head of Asia-Pacific Cobod International, Simon Klint Bergh.

Director of PT Bakrie, Roy Hendrajanto M Sakti, said: “This agreement was made to forge the collaboration between Modula and Cobod to focus on developing business in the construction industry with 3DCP technology in Indonesia. Our joint-venture will carry out the role of sales, distribution, and market development in Indonesia, and all business activities to build up the 3DCP technology,”

While Cobod has realized significant sales of its 3D construction printers in North and South America, Europe, and Asia, it is yet to deliver a printer to Indonesia. Cobod’s printers have already been applied in multiple countries around the world. Cobod’s printers are also used in printing wind turbine towers and other industrial applications.

The new company will be called PT Modula Tiga Dimensi, which in English would be like ‘Modular 3D dimension company’, reflecting the focus on 3D construction printers and the modular build of COBOD’s printers.

Roy said: “New 3D print technology, especially that applied to building construction, is relatively new in the Indonesian market. Modula intends to become one of the pioneers and the leading provider of 3DCP technology in the country, especially in the building and housing construction segment”.

Simon Klint Bergh said: “We are proud to be partnering with the large Bakrie Group to bring our state-of-the-art 3DCP technology to Indonesia. This will help solidify our position as the leading 3DCP technology provider in the world. Together with the Bakrie Group, we will have great opportunities to grow, and to demonstrate to the Indonesian market how our technology can be applied to build faster, better, cheaper, and more environmentally-friendly.”

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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