PT Semen Baturaja IPO set for Feb 2013, Indonesia
Indonesian state-owned producer PT Semen Baturaja expects to list its shares on the Indonesia Stock Exchange in February 2013. Semen Baturaja has been ready to release a maxim...
Indonesia
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Vanda Prima to build IDR1.4tn cement works
Indonesian private cement producer Vanda Prima Listri announced plans to build a IDR1.4tn (US$145m) cement works in the Grobogan district of Central Jakarta. “If realised, t...
Bosowa starts construction on US$130m clinker unit
PT Semen Bosowa Maros officially started construction on a new clinker plant in South Sulawesi as part of its expansion programme. Located in Maros, Kiln Plant Line 2 will incr...
Indonesia’s October cement sales up 10.7%
Cement sales in Indonesia rose 10.7% YoY in October with the highest growth in the Moluccas and on Papua. October sales in the areas stood at 87,316t, representing a 68.5% hike...
Semen Gresik to acquire Vietnam’s Thang Long Cement
Indonesian cement producer PT Semen Gresik Tbk plans to acquire a majority stake in Vietnam-based Thang Long Cement JSC, according to Investor Daily. Thang Long operates a 2....
Holcim: October ‘12
Holcim is planning a considerable investment in modernising its Volsk works in Russia, which is currently using a wet process production system. Work is expected to start durin...
Holcim looking to build new Indonesian cement plant
Holcim is reportedly planning to build a cement plant in Tuban, East Java in addition to the plant it is currently constructing to capture a further portion of Indonesia's huge...
Siam Cement outlines Southeast Asian expansion plans
Thailand’s Siam Cement Group has outlined further details of plans to expand its cement presence in Southeast Asia. According to reports in The Nation, the group is to invest...
Siam Cement net profit down, approves investment, Thailand
Siam Cement PCL said Wednesday its third-quarter net profit fell 13 per cent from a year earlier, mainly because of higher expenses and cost of sales. Meanwhile, its board has ...
Semen Gresik to issue US$150m global bonds next year, Indonesia
PT Semen Gresik plans to issue US$150m of global bonds in 2013 to finance its plan to buy a smaller rival in Southeast Asia, Reuters reported the company’s CEO Dwi Sutjipto say...