Semen Indonesia - January 2015
PT Semen Indonesia has revealed plans to spend IDR7-9trn on capital expenditure in 2015, up by IDR3trn on 2014’s figure. Around IDR5trn has been earmarked for two new plants, one in Rembang in Central Java, which is due to start operations in 4Q16, and another in Indarung in West Sumatra, which is due to begin production in 1H16. The two new plants will add 6Mta capacity to the company’s current 31.8Mta. An additional IDR1-2trn has been allocated for upgrading packing plants with a further IDR2trn could be spent on overseas expansion.