What characterised the cement world in 2019?
This week ICR looks back at a big year for the cement sector when news centred on several core themes. Prominent trends in our news flow have been the evolution of cement volume...
Pt Semen Indonesia
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PT Semen Indonesia receives 9M19 profit decline
Cement producer PT Semen Indonesia received a profit decline in 9M19 on the back of surging finance costs. Although Semen Indonesia earned IDR1.3trn (US$92.85m) in net profit fr...
Semen Indonesia Group and SBI see 47% rise in February sales
Semen Indonesia Group and PT Solusi Bangun Indonesia (SBI) have posted sales of 3.095Mt in February 2019, a significant increase of 47 per cent YoY when compared with a sales vo...
PT Semen Indonesia sees 10% revenue rise in 2018
PT Semen Indonesia increased revenues by 10.3 per cent YoY to IDR30.688trn in 2018 from IDR27,814trn in 2017. The company’s consolidated sales volume reached 33.153Mt, including...
Holcim Indonesia becomes PT Solusi Bangun Indonesia
Holcim Indonesia has changed its name to PT Solusi Bangun Indonesia (Solution to Build Indonesia) following its takeover by PT Semen Indonesia. An Extraordinary General Meeting ...
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. The a...
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. The a...
PT Semen Indonesia reports 4% rise in August sales
PT Semen Indonesia reports its cement sales in August 2018 amounted to 20.67Mt, a rise of four per cent compared to 19.88Mt in August 2017. Domestic sales totalled 16.93Mt while...
PT Semen Indonesia to invest in e-commerce platform
PT Semen Indonesia plans to expand its market across the country through an e-commerce platform. The company aims to increase sales through the project, reports Antara. Domestic...
Rembang plant has environmental go-ahead
PT Semen Indonesia says it has fulfilled all of its operational requirements at its 3.3Mta Rembang cement plant, Central Java, since last March despite a series of protests by l...