Cement News tagged under: PT Semen Bosowa Maros

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Bosowa Maros plans IPO by 2016

16 April 2014, Published under Cement News

The Bosowa Group of Indonesia plans to take its cement unit, Semen Bosowa Maros, to an initial public offering by 2016. “We may go public within the next two years. The market’s been anticipating Semen Bosowa will go public, since many cement makers have entered the bourse,” Sadikin Aksa, managing director at Bosowa Corporindo, told the Jakarta Globe. While the company is focussing on the local market for the time being, it also plans to expand to Vietnam and Myanmar within five years, ...

Bosowa starts construction on US$130m clinker unit

20 November 2012, Published under Cement News

PT Semen Bosowa Maros officially started construction on a new clinker plant in South Sulawesi as part of its expansion programme. Located in Maros, Kiln Plant Line 2 will increase production capacity to from 2.5Mta to 5.2Mta. Construction of the US$130m works is scheduled to be completed by the end of 2014. The new unit is expected to help the company increase its cement production to meet the country’s growing cement demand. “As of now, our cement production is 3.2Mta, only about 6% ...