SEAPISouth East Asia Pipe Industries
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SEAPI is the only producer of steel pipes with large diameters of 24"- 48", which is welded longitudinal.
In 2002, SEAPI exported 5,000 tons of welded longitudinal pipes so far to oil companies in Iran.
SEAPI has concluded restructuring of a debt of US$ 59 million to Itochu Corporation, which gave debt repayment roll over until 2004.
In 2003, for example, SEAPI supplied 65% or 31,400 tons of the requirement of 40,000 tons of pipes for 220 kilometers pipeline project between Grissik, South Sumatra and Singapore.
SEAPI has also won international oil and gas pipeline projects such as in Middle East and China.
In 1995, SEAPI also replaced its old machinery with new.
Meanwhile, as reported in mass-media, SEAPI, a major ERW pipe producer in Indonesia, has discovered a dumping practice at Pertamina's Natuna gas project (West Natuna Trunkline System).
SEAPI fears that such a dumping practice may also happen to a number of large-scale projects which Perusahaan Gas Negara has planned to implement for 2001 and 2002.
Recently, SEAPI declared that the dumping practice by overseas steel-pipe producers had inflicted an injury on the company and forwarded to the Government a petition that an anti-dumping import tax be imposed on ERW pipe with a diameter of = 24".