Semen Indonesia 9M14 profit up 4.9%
Semen Indonesia, the country's leading cement producer, recorded a net profit of IDR4.09trn (US$336.3m) in the first nine months of this year, a 4.9 per cent increase from the ...
Indonesia
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Indonesia: Semen Baturaja to build three new plants in phases
Indonesia's state-owned PT Semen Baturaja will build three new plants as a multistage project. At present, the works still require licences and approval from local communities ...
Semen Indonesia scales back full-year growth target
PT Semen Indonesia has reduced its 2014 sales growth target from 5-6 per cent to 4-5 per cent due to a slowdown in cement sector, its corporate secretary, Agung Wiharto, said. ...
Semen Indonesia set to acquire land for new Papua plant
PT Semen Indonesia will soon acquire 500ha of land in West Papua for the construction of a cement plant at a cost of around US$150m. Semen Indonesia corporate secretary Agung ...
Indonesian Jan-Sept demand up 3.4% YoY
Indonesian cement demand in the first nine months of 2014 rose by 3.4 per cent YoY to 42.993Mt, latest data from the Indonesia Cement Association (ASI) reveals. Strong gains h...
Southeast Asian producers eye eastern Indonesian investments
A number of Southeast Asian companies are reportedly eyeing the construction of cement plants in eastern Indonesia, according to Andi Unggul Attas, president director of PT Sem...
Semen Tonasa plans Papua factory, Indonesia
PT Semen Tonasa plans to develop a new factory in Papua with a total investment of up to IDR3trn (US$247.08m), to cut distribution costs, according to its CEO, Unggul Atas. ...
Chinese companies ink Indonesian plant agreement
Two Chinese companies signed an agreement on Thursday to jointly invest in an Indonesian cement factory as part of investment cooperation measures agreed by the two countries i...
Indonesia, Taiwan and Malaysia top Vietnam's eight month export table
Indonesia, Taiwan and Malaysia were the largest importers of Vietnamese clinker and cement in the first eight months of this year, latest data from Vietnam’s Ministry of Indust...
Semen Indonesia seeks loan for Papua plant construction
Semen Indonesia is seeking IDR600-IDR840bn(US$50-70m) in bank loans to help finance construction of a new cement plant in Jayapura, Papua, according to reports by the Jakarta G...