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0 0.00153292455345253 -0.00079978672354023 -0.000733137829911925 0.000666488936283809 0.000266595574513599 0.000266595574513599 0.00306584910690488
Stock impact report

Promoting Local Industry: 3M and PT Pipa Mas Putih Collaborate in Indonesia

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
Company Research Source: PR Newswire
JAKARTA, Indonesia, Oct. 13, 2025 /PRNewswire/ -- Amid the challenges of aging wells in Southeast Asia – particularly in depleting reservoirs and marginal reserves – the oil and gas industry faces serious issues such as declining productivity, erosion of sand screens, and increased operational and capital expenditure due to well repairs and design complexities. These conditions demand innovative, robust, efficient, and locally accessible technological solutions to support the enhancement and sustainability of oil and gas production.In response to these challenges, 3M has partnered with PT Pipa Mas Putih to produce 3M™ Ceramic Sand Screens in Indonesia. This technology offers high resistance Sand Screen to abrasion and erosion, designed to tackle high-pressure wells and excessive sand production. Through the combination of 3M's global expertise and PT Pipa Mas Putih's local manufacturing capacity, this collaboration provides tangible added value in the form of faster delivery times, in Show less Read more
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