Indocement awaits the "domino-effect"
Growth of Indonesia’s cement market weakened in 2015, but prospects for this year are more optimistic with demand expected to significantly improve. ICR spoke to Christian Kart...
Indonesia
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Vietnam's new Master Plan
Vietnam is having to rebalance its cement output with expected market demand. While there have been limitations on the creation of new plants, there is now strong evidence for ...
Semen Indonesia to sell 49% stake in unit
Indonesia's largest cement producer, Semen Indonesia, plans to sell a 49 per cent stake in one of its units to help fund the company's future expansion, according to Investor D...
Indonesia: Loesche mill for new plant
PT Krakatau Semen Indonesia has awarded Germany-based Loesche a contract for its emerging Cigading slag grinding plant in Cilegon, Banten. The scope of supply for this contr...
Holcim Indonesia to expand exports as domestic competition tightens
LafargeHolcim subsidiary, PT Holcim Indonesia, plans to boost exports to Australia, Sri Lanka and Bangladesh this year amid unstable domestic demand, reports The Jakarta Post. ...
Indonesia: PT Semen Baturaja acquires syndicated plant loan
Semen Baturaja plans an IDR3.32trn (US$245m) unit in Baturaja, Ogan Komering Ulu, South Sumatra and to carry this project the company has sought a loan from PT Bank Negara Indo...
Indonesia: Conch/Papua Cement plant to open in July
The Jakarta Post reports that the joint-venture between Conch and SDIC Papua Cement Indonesia will commence operations at its new plant in Manokwari, West Papua, in July. Th...
Indonesia: cement sales to April up 4.2% YoY
Cement sales in Indonesia reached 19.3Mt in the four months from January to April 2016, reports Indonesia Investments. This represents a 4.2 per cent increase on the same perio...
Semen Indonesia to invest US$2.2bn over next five years
Semen Indonesia President Director, Rizkan Chandra, has announced that his company is to invest IDR30tn (US$2.2bn) over the next five years. The funding will be split between e...
Indonesia: Indocement hopes for strong consumption growth
Indocement Tunggal Prakarsa President Director, Christian Kartawijaya, has predicted that cement consumption in Indonesia could grow by 3-5 per cent in 2016, having grown by 3....