Indonesia: Semen Baturaja plant due online in 2017
President of PT Semen Baturaja, Pamudji Rahardjo, announced that the state company would bring its second cement plant online next year. The Baturaja II plant is currently under...
Indonesia
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PT Semen Indonesia domestic sales down 6%, export more than double
PT Semen Indonesia’s domestic cement sales dropped six per cent YoY to 2.55Mt in October from 2.71Mt. However, the company saw its export sales rise from 28,302t in October 2015...
PT Indocement sees 12% drop in 9M16 sales
In the first nine months of 2016, Indonesia’s PT Indocement Tunggal Prakarsa noted a 12 per cent YoY fall in sales to IDR11.3trn (US$866m).
Indonesia: Holcim Indonesia reports 5.3% growth in 9M16
Publicly-listed Holcim Indonesia reported 5.3 per cent sales growth YoY to IDR6.91trn (US$530m) in the first nine months of 2016.
Indonesia: Semen Baturaja 9M16 net profit down 34% YoY
PT Semen Baturaja announced a near-34 per cent fall in January-September 2016 net profit from 9M15 to IDR174.74bn (US$13.4m) from IDR264.66bn.
Indonesia: 8% growth predicted for 2017 consumption
According to the Chairman of the Indonesian Cement Association (ASI), Widodo Santoso, national cement consumption is expected to grow by 8.04 per cent in 2017, reaching 68Mt. Th...
Indonesia: new Indocement plant commissioned
Indonesia’s Minister of Industry, Erlangga Hartarto has commissioned a new cement plant of PT Indocement Tunggal Prakarsa Tbk in Cileungsi, Bogor District, West Java.
Indonesia: commission will back Rembang plant
The state-owned PT Semen Indonesia Rembang cement plant, Central Java, will received the backing from the House of Representatives Commission VI, says its head Teguh Juwarno, fo...
Dangote Asian expansion?
According to a Ghanaian news source, Dangote Cement is hoping to expand into the Asian market over the next decade. It is reported that the company plans to launch in southeast ...
Indonesia: PT Semen Indonesia looks to alternative fuels to save jobs
Cost-saving measures other than staff layoffs are considered more efficient in improving company margins as they are challenged by weak demand, according to corporations and con...