Semen Indonesia to sell 49% stake in unit
Indonesia's largest cement producer, Semen Indonesia, plans to sell a 49 per cent stake in one of its units to help fund the company's future expansion, according to Investor Da...
Semen Indonesia
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Rizkan Chandra new Semen Indonesia President Director
Semen Indonesia's Board has elected Rizkan Chandra as new President Director at its Annual General Director. The current term of his appointment runs until 2020.
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...
Indonesia: Widodo to meet with cement plant protestors
Indonesian president Joko Widodo will meet with nine women who encased their feet in concrete in protest over the construction of a cement factory in Java. According to reports ...
Semen Indonesia sets up Aceh joint venture
PT Semen Indonesia Tbk and PT Samana Citra Agung on 17 March signed agreement to set up a joint venture company, called PT Semen Indonesia Aceh, which will engage in producing a...
Semen Indonesia eyes 4-5% first-half sales growth
Semen Indonesia expects cement sales to grow between 4-5 per cent in Jan-Jun, driven by the government's push for infrastructure projects, Bisnis Indonesia reported quoting Supa...
Semen Indonesia full-year net profit falls
PT Semen Indonesia Tbk reported an 18.7 per cent drop in 2015 net profit to IDR4.52trn (US$336.56m) versus IDR5.56trn a year earlier.
Indonesia: exports offset slower domestic sales
Cement industry statistics show that full-year 2015 consumption in Indonesia increased by 0.8 per cent YoY to 60.4Mt, while including exports, sales were up by 2.1 per cent to 6...
Rembang construction on course for 3Q16 completion
Construction of Semen Indonesia's Rembang cement plant in Central Java, Indonesia, is set to be completed by August 2016, local news agency ANTARA has reported. "We are optimist...
Indonesia October sales support full-year forecast
Indonesian consumption figures in October 2015 showed a huge sales volume gain over the same month of the previous year, but year-to-date figures are just slightly higher due to...