Indonesian firms expect better second-half
Two of Indonesia's top three cement producers are expecting a better financial performance in the second half of this year, on the back of growing demand despite a projected sl...
Indonesia
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Semen Indonesia eyes Papua plant construction
PT Semen Indonesia is considering the possibility of constructing a cement plant in Papua to meet demand potential in the country’s eastern-most province and reduce distributio...
Vanguard signs east Indonesian mining concession
Vanguard Mining Corporation has agreed with Yupolo Resources to buy 80 per cent of equity interest in the company and co-develop a 3500ha gypsum and limestone concession in Nus...
CIMB upgrades Semen Indonesia
Analysts at CIMB has upgraded Semen Indonesia to an add rating and lifted its target price from IDR17400 (US$1.46) to IDR18300 following a substantial government-mandated incre...
Indonesian August sales higher
Indonesia cement sales jumped 37.4 per cent YoY to 4.7Mt in August 2014 on the back of higher demand from the property and infrastructure projects. Widodo Santoso, chairman ...
Semen Indonesia looks to serve growing Papua market
Semen Indonesia is looking to further cater the Papua area of Indonesia, one of the fastest-growing markets in the country. Company President Director, Dwi Soetjipto, told the...
Vietnam’s export volumes up 20% YoY
In the first seven months of this year, Vietnam earned US$563.15 from exporting 13.1Mt of clinker and cement, up 24 and 20.4 per cent in value and volume terms, respectively. ...
PT Semen Indonesia
PT Semen Indonesia has posted a disappointing 12.8 per cent rise in revenue to IDR12.88trn (US$1.13bn) in 1H14, compared to growth of 31.9 per cent in the same period last year...
Semen Indonesia looks to diversify business portfolio
Semen Indonesia is exploring potential in non-cement related industries as it looks to diversify its business portfolio, with the property business first on its list. Compan...
Semen Indonesia recognised for renewable energy efforts
Semen Indonesia has won an award from the country's Energy and Mineral Resources Ministry in recognition of its renewable energy efforts. PT Semen Indonesia group companies,...