Semen Indonesia mandates 5 banks for US$1.3bn bridge loan
Semen Indonesia has mandated five banks for a US$1.282bn bridge loan to support its acquisition of the local unit of LafargeHolcim. BNP Paribas, Deutsche Bank’s Singapore branch...
Semen Indonesia
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Semen Indonesia to buy LafargeHolcim’s Indonesian unit
Indonesia's largest cement producer, Semen Indonesia, is buying the local business of LafargeHolcim for around US$940m. LafargeHolcim is disposing of its entire 80.6 per cent sh...
Semen Indonesia sees 9% rise in 4M18 group sales
Semen Indonesia's export sales more than doubled in April to 279,945t from 118,401t in April 2017. Meanwhile, the company’s domestic cement sales remained largely stable in Apri...
Indonesia’s state-owned cement companies to increase efficiency
State-owned cement producers in Indonesia have announced that they will continue with efficiency measures to improve their bottom line amid increasing competition and domestic o...
Semen Indonesia sales volumes up 6% in September
Semen Indonesia consolidated sales increased by 6.3 per cent YoY to 2,639,187t in September 2017. Volumes were primarily destined for the domestic market, which received 2,513,2...
Semen Indonesia president director passes away
Rizkan Chandra, president director of Semen Indonesia passed away on Saturday, 15 July following a short illness.
Indonesia: sustaining profitability
Weaker-than-expected growth in Indonesian cement consumption and fierce competitive pressures have led to a tough pricing environment, resulting in local producers looking to mi...
Semen Indonesia plans to raise IDR3tn from bond sale
Semen Indonesia has announced a plan to raise IDR3trn (US$225.6m) from a bond sale to refinance debt of its subsidiary PT Semen Tonasa and increase working capital, according to...
Semen Indonesia Rembang plant ready for 1H17 start
Semen Indonesia has said it will commence production from its cement plant in Rembang, Central Java, in the first half of 2017.
Indonesia: changing perspectives Premium
Following high capacity utilisation rates and the prospect of market growth going forward, the decade running up to 2015 looked promising for Indonesian cement producers. Howeve...