Cement News tagged under: Semen Dwima Agung

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Semen Dwima Agung to be incorporated into parent company, Indonesia

08 March 2012, Published under Cement News

PT Semen Dwima Agung will be incorporated into parent company PT Holcim Indonesia in a moved aimed at reducing production costs, reports the Jakarta Post. According to the financial report at of December 2011, Semen Dwima Agung help IDR83.12bn (US$9.15m) in assets, with liabilities of IDR96.85bn. The company suffered a net loss of IDR10.55bn in 2011, a significant setback after losing IDR1.79bn in 2010. Semen Dwima Agung holds licenses to quarry, produce cement and mine clay. The compa...