PT Semen Indonesia nine-month net profit rises 15% YoY
PT Semen Indonesia said Tuesday that its net profit rose 15 per cent YoY to IDR3.91trn (US$353m) during the first nine months of the year. The company recorded revenue of IDR17....
Indonesia
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Global demand growth outlook downgraded
A recent report by Morgan Stanley has lowered the growth outlook for global cement demand for 2013 to adjust for a changing economic landscape in emerging regions.
Semen Indonesia sees robust sales rise
Semen Indonesia has announced that its sales increased to 18.5Mt in the first nine months of the year, 15.6 per cent higher than the same period of last year including a notable...
Holcim Indonesia commissions new packing plant
Holcim Indonesia has commissioned its new packaging plant and silo in Pontianak, West Kalimantan. President Director of Holcim Indonesia, Eaman Ginley, said the packing plant an...
Indonesia sales growth slows, Jan-Sept
Indonesian sales growth has slowed over the first nine months of this year despite hitting a monthly record in September.
Semen Indonesia secures loan
State-owned cement producer PT Semen Indonesia (Persero) Tbk has secured a US$100m loan from PT Bank Mandiri Persero Tbk and Standard Chartered Bank with a 5-8 year tenure to re...
SCG outlines Indonesian plant spend
Thailand-based Siam Cement Group (SCG) is expanding its southeast Asian presence by constructing a new cement plant on the island of West Java, Indonesia, through its subsidiary...
Semen Baturaja expects higher 3Q output and sales
PT Semen Baturaja anticipates third-quarter 2013 production and sales to rise by 14 and seven per cent YoY, respectively, but full-year sales are expected to fall short of an ea...
Semen Baturaja raises investment spend
Semen Baturaja is having to increase investment for its new cement plant in South Sumatra to IDR2.9m (US$253m) from the original IDR2.6trn as the weaker rupiah has raised the co...
Semen Indonesia to launch new packing plant
A new packaging terminal being built by Semen Indonesia in Banjarmasin, South Kalimantan, will be ready in the next quarter and forms part of a strategy to position the company ...