Semen Padang to begin construction of Line 6 by year-end
Indonesia-based cement producer PT Semen Padang said it plans to start construction of its sixth line at the end of 2013 to meet growing national demand for cement. "Groundbre...
Indonesia
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Bali APEC construction projects boost Holcim Indonesia sales
Despite some parts of Indonesia recently witnessing a slowdown in sales this year, Holcim’s local sales have been boosted by construction growth in Bali ahead of the Asia Pacif...
Semen Indonesia gears up for further expansion
Semen Indonesia is lining up investments that could hit the IDR20trn (US$2bn) mark over the next three years to further increase capacity and boost operations. “We’re thinkin...
Indocement to raise prices, Indonesia
PT Indocement Tunggal Prakarsa is planning to raise its cement prices in an effort to help offset an increase in subsidised fuel prices. Indocement’s director, Kuky Permana, ...
Indocement signs contract for new line with Sinoma
PT Indocement Tunggal Prakarsa Tbk has signed a contract for the construction of a new line with PT Sinoma Engineering Indonesia. The new line, known as P-14, will be construc...
PT Semen Indonesia downgraded
Bahana Securities downgraded cement maker PT Semen Indonesia to "hold" from "buy", saying the slowdown in the property market and higher cost of goods sold (COGS) translated to...
New capacity boosts Semen Tonasa sales
PT Semen Tonasa reported a 137 per cent YoY rise in first-half sales to 2.78Mt compared to the same period of last year. Sales of the company, which is part of the Semen Ind...
Indonesia sales reaccelerate in June
Cement sales in Indonesia have reaccelerated in June following a slowdown in the previous month as demand recovers outside of Java. However, a more reduced growth rate is expec...
Indonesia sales growth slows
Indonesian cement sales during the month of May rose at their slowest pace for 17 months as all regions outside Java and Sulawesi registered declines. Following an 8.6 per ce...
Positive start for Semen Baturaja on IDX, Indonesia
Semen Baturaja has received a positive response from the market during its first day of trading on the Indonesian Stock Exchange (IDX). The company’s shares, sold under the ...