Indonesia to invest US$6.3bn in new capacity projects
Indonesian cement producers plan to invest IDR57trn (US$6.3bn) to raise domestic production, chairman of the Indonesian Cement Association (ASI) said. The Investor Daily reports...
Semen Gresik
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Gresik eyes controlling stake in Semen Baturaja, increases in production
PT Semen Gresik is targeting a controlling stake in fellow state-owned cement producer, PT Semen Baturaja, which will launch an initial public offering (IPO) later this year.
Semen Gresik forecasts 17% rise in revenue, Indonesia
Semen Gresik expects revenue rising 17 per cent this year from an estimated 12 per cent in 2011, and also expects to raise financing this year for two new projects. .
Gresik announces new investments, bond issue, Indonesia
Indonesia’s largest cement producer, PT Semen Gresik, plans to invest up to US$600,000 on five cement packing plants to be constructed in a number of locations on the island of ...