Semen Gresik opens new Tuban cement plant, Indonesia
State-controlled cement maker Semen Gresik has opened its IDR3.18trn (US$332m) cement factory in Tuban, East Java, in the presence of Indonesia’s State Enterprises Minister Dah...
Indonesia
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Indonesian September sales rise 34.4 per cent YoY
Indonesian cement sales in September surged to a record high in September after dipping a month ago due to fewer working days during the Muslim festivities, data from the count...
Indonesia/Japan agree on infrastructure plan
Indonesia and Japan have reach an agreement that could see up to US$43bn invested in 45 infrastructure projects in the Indonesian capital, Jakarta, by 2020. The deal was reac...
Dangote sets sights beyond Africa
Dangote Cement is expanding out of Africa. While its chairman Aliko Dangote remains firmly committed to the continent and its 40Mta production capacity owned by the company, he...
Indonesian cement production forecast to reach 65Mta next year
Indonesian cement production is forecast to hit 65Mta in 2013, up seven per cent on this year’s target of 60.56Mt thanks to volume additions by domestic and new market entrant...
Gresik Power plant project delayed, Indonesia
PT Semen Gresik, says that the completion of its power plant project in Pangkep, South Sulawesi, will be delayed due to bad weather and man power limitations, according to repo...
Indonesian August sales dip
Indonesia's domestic cement sales fell 0.1 per cent in August from a year ago, data from PT Semen Gresik Tbk showed on Wednesday. August sales were 3.6Mt, the lowest since Sep...
Holcim: realising growth potential whilst cutting costs
Holcim highlighted its cost cutting programme and the growth potential in its emerging markets at its latest investor and analyst event, which took place on 3-4 September in Zu...
PT Holcim Indonesia 1H net profit increases 15 per cent
PT Holcim Indonesia recorded a 15 per cent rise in net profit driven by increased sales. Net income rose to IDR514.4bn (US$54m) in the first six months of this year from IDR...
Holcim: August '12
Cement sales during 1H2012 increased from 70.9Mt to 74Mt, up 4.4 per cent YoY, while sales of aggregates and ready-mix concrete fell by seven and 1.3 per cent to 75.6Mt and 22....