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 period...
Pt Semen Indonesia
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Semen Indonesia to invest US$2.2bn over next five years
Semen Indonesia President Director, Rizkan Chandra, has announced that his company is to invest IDR30tn (US$2.2bn) over the next five years. The funding will be split between ex...
Semen Indonesia signs cost-cutting deal with Pertamina
Semen Indonesia (SI) has signed an agreement with oil and gas firm Pertamina that will see the latter provide oil for SI’s needs in production, transportation and logistics. The...
Protestors seek talks with President over PT Semen Indonesia's Rembang plant
PT Semen Indonesia was targeted by nine women who protested against the development of its new cement plant in their hometown in Rembang, Central Java. The public rally was held...
Indonesia: incumbents suffer as new entrants fight for market share
Cement prices in Indonesia are falling as newer firms attempt to win market share from the established players, state-owned Semen Indonesia, HeidelbergCement’s Indocement Tungga...
Indonesia: cement demand declines Jan-Jul 2015
Slowing property and infrastructure development in southeast Asia’s largest economy caused a drop in cement sales from January to July 2015. Domestic cement sales fell 4.1 per c...
Indonesian producers predict 2016 market pick-up
PT Semen Indonesia and its subsidiary Semen Gresik are optimistic the domestic cement market will improve in 2016 despite tight competition. Bambang Joko, head of sales at state...
Indonesia: Rembang plant on course for 2016 start-up
State-owned cement producer PT Semen Indonesia expects is Rembang cement plant, Central Java, to be completed in 2016. “By the end of 2016, the construction works are expected t...
Semen Padang posts 1Q sales decline, Indonesia
PT Semen Padang, part of the Semen Indonesia group of companies, reported a 6.8 per cent decrease in sales volumes in the first quarter of this year to 1.5Mt. "The poor sales of...
Semen Indonesia 2014 net profit rises 3.7% YoY
PT Semen Indonesia Tbk, the country's leading cement producer, posted on Monday a 3.7 per cent rise in 2014 net profit from a year earlier. The company reported net profit of ID...