Calderys announces Indonesian joint venture

Calderys announces Indonesian joint venture
Published: 02 August 2013

Refactory solutions specialists Calderys has signed a joint venture (JV) agreement with Indonesian refractory manufacturer PT Indoporlen.

Calderys, a subsidiary of Imerys of France, has been a partner of PT Indoporlen during over 30 years of service to the cement, tin, nickel, steel, aluminium and fertiliser industries (with Calderys known prior to 2005 as Lafarge Refractories). The JV was signed with Calderys as the majority shareholder and PT Indoporlen’s founding Halim family as the lead Indonesian shareholders. It includes PT Indoporlen, which produces monolithic refractories, together with sister companies PT Indoporlen Sakti (IPS) for installation and PT Bina Surindah Cemerlang (BSC) for trading. The business will continue to be based in Bekasi, near Jakarta.

Mr. Michel Goeury has been appointed the president director of the PT Calderys Indoporlen JV. He states: “We are very proud and delighted to join the Indoporlen team, and to get a chance to take part directly in the successful adventure of this company with a 37-year leadership track record in Indonesia.”

Calderys CEO Mr. John Maxwell says: “After decades as partners, this JV comes naturally as Calderys and Indoporlen share the same common values of safety, innovation, and providing customer solutions. It is an exciting time to be growing our presence in Indonesia as all the key industries that Calderys serves are growing and the need for world class refractory solutions is clear.”