Semen Indonesia net profit down by 3% in 2016
PT Semen Indonesia Tbk made a net profit of IDR4.01trn (US$301.6m) in 2016, which was lower than the IDR4.52trn the previous year. "National cement growth in the year was do...
Indonesia
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Semen Indonesia expects 5% sales growth in 2017
State-owned cement company PT Semen Indonesia (Persero) Tbk is targeting 4-5 per cent sales growth in 2017. Semen Indonesia Corporate Secretary Agung Wiharto said that new p...
Indonesia: domestic cement sales weaken in November
The first 11 months of 2016 Indonesian cement sales reached a total of 56.5Mt, up 2.8 per cent YoY from domestic cement sales in the same period one year earlier. However, do...
Semen Indonesia IDR6trn expansion
Semen Indonesia has designated IDR6trn (US$449.1m) for capital expenditure in 2017 to finance its expansion programme. The programme includes the development of four plants set...
Indonesia: Bosowa Corp opens new 1.8Mta grinding plant
The Bosowa Corporation has started operation of two new facilities in Banyuwangi, East Java, built with a IDR1.59trn (US$118.2m) investment as part of its expansion strategy th...
Indonesian cement sales fall 9% in November
The Indonesian cement market is seeing a steep fall in cement sales as the year draw to a close. Cement sales volume during January-November 2016 was almost stagnant with Novem...
Semen Indonesia plant receives environmental permit
Despite protests, Central Java Governor Ganjar Pranowo has issued a new environmental permit to Semen Indonesia for its plant in Rembang. The new plant is almost complete an...
Protests again Semen Indonesia plant
Approximately 300 people from Rembang, Central Java, have marched 150km in protest of the construction of a cement plant in the area by state-owned Semen Indonesia. The march w...
Semen Indonesia
Despite the government’s commitment to infrastructure development and low-income housing programmes, poor cement demand caused a 3.3 per cent YoY contraction in Indonesian ceme...
PT Indocement
PT Indocement has inaugurated its new Tiga Roda cement plant in Bogor District, West Java, boosting the company’s domestic production capacity to 24.9Mta. The new plant, P14...