Cement News tagged under: PT Solusi Bangun Indonesia Tbk

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All of SIG’s cement plants now operate on alternative fuels

09 February 2021, Published under Cement News

PT Semen Indonesia Tbk (SMGR) has released a goal of getting all of its cement plants to operate on alternative fuel. This effort will also support the government’s aim of reducing Indonesia’s use of coal. "We want to provide a long-term solution in overcoming the problem of domestic waste that can have a positive impact on the environment and society at large," said SMGR Director, Hendi Prio Santoso, in a press statement in Jakarta. He explained that all SMGR factories now without ...

Taiheiyo signs capital investment agreement in Solusi Bangun Indonesia

27 January 2021, Published under Cement News

PT Solusi Bangun Indonesia Tbk (SMCB), PT Semen Indonesia Industri Bangunan and Japan-based Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and cement sale and purchase master agreement (offtake agreement) on 26 January. The transfer and capital participation agreement reflects the planned capital investment by Taiheiyo in the former Holcim subsidiary through the issuance of new shares with the right to pre-order securities (HMETD) or rights issue. "The implementatio...