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Heidelberg Materials acquires PT Semen Grobogan plant

18 October 2023, Published under Cement News

Heidelberg Materials , via its subsidiary Indocement , has signed an agreement to acquire 100 per cent of the shares in PT Semen Grobogan ’s integrated cement plant located in Central Java, Indonesia. The plant started commercial production in 2022. With this investment, Heidelberg Materials further strengthens its footprint in Indonesia, one of the company’s core markets in Asia-Pacific. The Semen Grobogan cement plant has a capacity of 1.8Mta of clinker and 2.5Mta of cement with lime...

HeidelbergCement

05 April 2012, Published under Cement News

HeidelbergCement's turnover increased by 9.7% last year to €12,901.9m while the EBITDA improved by 3.6% to €2320.7m. At the trading level, the improvement was 3.2% to €1376.6m and the net interest charge was 6.8% lower at €545.8m and the total financial charge fell by 20.7% to €582.4m. This led to a 32.6% increase in the pre-tax profit by to €794.2m. After a virtual quadrupling of the tax charge and a 10.6% increase in minorities, the net attributable profit emerged just 1.6% higher at €348....