Gresik sets aside US$300m for regional expansion
Indonesia’s largest cement maker, PT Semen Gresik, has US$300m to expand its business to the regional markets of Myanmar, Cambodia and Vietnam, the company’s chief executive Dw...
Indonesia
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New South Sulawesi cement plant planned, Indonesia
A new cement plant is being planed in Barru, South Sulawesi involving an investment of US$400m, according to executive director of the PT Fajar Semen Baru project, James Martin...
Thang Long Cement plans to increase exports, Vietnam
Vietnam-based producer Thang Long Cement JSC plans to double monthly cement exports to Cambodia from its Hiep Phuoc grinding plant to 10,000 due to increased demand in the neig...
Property boosts Indonesian cement demand
Fuelled by rising housing demand and subsequent property development, Indonesia saw cement sales increase 12% through the first seven months of the year, according to the Indon...
Indocement gears up to meet rising demand, Indonesia
PT Indocement Tunggal Prakarsa has said it will continue to raise capacity to meet increasing domestic demand with three new factories planned to come on-stream by 2016. The ...
Indonesia’s July sales rise 9.9 per cent
Indonesia's domestic cement sales rose 9.9 per cent in July from a year ago, up from 9.5 per cent in June, data from the country's biggest cement firm PT Semen Gresik Tbk showe...
Semen Gresik plans name change to raise its profile, Indonesia
State Enterprises Minister Dahlan Iskan said Indonesian state-owned Semen Gresik is set to change its name to Semen Indonesia in a bid to raise the company’s international prof...
Semen Gresik new plant construction
Indonesia state-owned producer PT Semen Gresik is expected to start construction of two new cement plants at home and away in the second half of 2012 and first half of 2013, re...
Gresik first-half net profit rises, Indonesia
PT Semen Gresik said Friday its first-half net profit rose 12% to IDR2.10trn (US$221m) from IDR1.87 trillion a year earlier. Revenue for the January-June period rose to IDR8...
Siam Cement plans Indonesian investment
Siam Cement PCL, Thailand's largest conglomerate, has announced plans to invest around THB10bn (US$315m) to build a cement plant in Indonesia, President and Chief Executive Kan...