Indocement to invest US$109m on expansion
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement group, is to spend more than IDR1trn (US$109m) this year on expansion, according to reports in the Jakarta Post. ...
Indonesia
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Semen Bosowa begins construction of East Java plant, Indonesia
PT Semen Bosowa has started the construction of its 1.2Mta cement factory in East Java with a groundbreaking ceremony in the presence of Indonesia’s Industry Minister MS Hidaya...
Gresik sees 20% 1Q12 rise, aims to increase market share
In the first quarter of 2012, Semen Gresik earned IDR4.28trn (US$466m) in revenue, a 20 per cent increase from IDR3.55trn during the same period last year and hopes two new pla...
Holcim Indonesia boosts dividend payout, Capex plans
Holcim Indonesia plans to distribute IDR425bn (US$46m) in dividends, or the equivalent of 40 per cent of its 2011 net income, its chief executive has said. Speaking to the J...
Indonesian 1Q12 sales rise 18.2%
Indonesia's domestic cement sales were 12.5Mt in the first quarter, up 18.2 per cent from a year ago, data from PT Semen Gresik Tbk showed on Friday. March sales were ...
Indonesia Hosts Asia Pacific Infrastructure Forum
Indonesia will host the largest infrastructure forum in the Asia Pacific region -- the Indonesia International Infrastructure Conference and Exhibition 2012 (IIICE 2012). Th...
Tonasa signs contract for 11 new shipping vessels
PT Pelayaran Tonasa Lines & PT Dok & Perkapalan Surabaya are to build 11 shipping vessel unitswith an investment of IDR1.26trn (US$137m) and have signed three cooperation contr...
Indonesia cement price rise on the cards
Indonesian cement producer, PT Semen Gresik is considering increase cement prices along with other local producers to offset planned fuel and electricity costs. The governm...
Indocement targets 30Mt production by 2017
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, has outlined several expansion project which will lift the producer’s cement capacity to the 30Mt mark by 20...
Indocement to invest in new factory, Indonesia
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, is set to construct a new cement factory in Citereup, West Java, according to local press reports. Asia ...