PT Semen Indonesia tightens grip on domestic market
This week, LafargeHolcim agreed that PT Semen Indonesia (SMGR) was the successful bidder to buy its 80.6 per cent shareholding in PT Holcim Indonesia at a cost of US$917m. Th...
Pt Indocement Tunggal Prakarsa
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Indonesian cement plants to burn medical waste
Indonesia’s Environment and Forestry Ministry has asked four cement plants to burn untreated medical waste. In early April the ministry requested PT Indocement Tunggal Prakarsa...
PT Indocement Tunggal Prakarsa launches Tiga Roda (TR) Slag cement
PT Indocement Tunggal Prakarsa, Tiga Roda cement (HeidelbergCement group), has launched its new Tiga Roda (TR) Superslag cement product. President Director of Indocement, Chr...
Indonesia's cement producers predict better 2H17
While the first six months of 2017 proved challenging for Indonesia’s cement producers, their expectations for the second half are more upbeat. Semen Baturaja is focussing on...
Indocement expects 3-5 per cent rise in domestic consumption
Indonesia's second-largest cement producer, PT Indocement Tunggal Prakarsa, expects domestic cement consumption to increase by 3-5 per cent in 2017, its President Director, Chr...
PT Indocement sees 12% drop in 9M16 sales
In the first nine months of 2016, Indonesia’s PT Indocement Tunggal Prakarsa noted a 12 per cent YoY fall in sales to IDR11.3trn (US$866m). The company’s net profit of the p...
Indonesia: new Indocement plant commissioned
Indonesia’s Minister of Industry, Erlangga Hartarto has commissioned a new cement plant of PT Indocement Tunggal Prakarsa Tbk in Cileungsi, Bogor District, West Java. "The g...
Indonesia: uneven demand hitting company revenues
Cement consumption in Indonesia was up by 3.1 per cent in the three months to June, but the national figures belie the patchiness of regional growth. According to the Jakart...
Indonesia: cement sales to April up 4.2% YoY
Cement sales in Indonesia reached 19.3Mt in the four months from January to April 2016, reports Indonesia Investments. This represents a 4.2 per cent increase on the same perio...
Indonesia: Indocement hopes for strong consumption growth
Indocement Tunggal Prakarsa President Director, Christian Kartawijaya, has predicted that cement consumption in Indonesia could grow by 3-5 per cent in 2016, having grown by 3....