Semen Indonesia - May 2017
Semen Indonesia is planning to expand its non-cement business to become a “building material company” rather than a cement company, according to Rizkan Chandra, Semen Indonesia’s president director. This follows the announcement that the company is looking to raise IDR3trn (US$225.6m) from a bond sale to help refinance debt at its subsidiary PT Semen Tonasa and increase working capital.
