Cement News tagged under: PT Holcm Indonesia
PT Semen Indonesia tightens grip on domestic market16 November 2018, Published under Cement NewsThis week, LafargeHolcim agreed that PT Semen Indonesia (SMGR) was the successful bidder to buy its 80.6 per cent shareholding in PT Holcim Indonesia at a cost of US$917m. The agreement is subject to regulatory approvals, but SMGR, as a state entity, is not expected to be held up in its desire to extend its hold on the domestic cement market. Indonesia currently has 15 cement companies operating with a total capacity of 110Mta, of which 63 per cent is owned by foreign players. Throug... |
Indonesia: Holcim's Tuban II plant will raise exports27 July 2015, Published under Cement NewsPT Holcim Indonesia Tbk is on course to open the new Tuban II plant at the end of 2015 with an investment of US$350m. The new plant will help the company to explore more markets overseas as the combined capacity of Tuban I and II rises to 12.5Mta. PT Holcim Indonesia has a strategy to go after new business in the region. The company will seek to increase market penetration in a number of areas in East Java and outside Java such as in Kalimantan. Diah Sasanawati, corporate communications man... |
Indonesian cement companies increase sales15 February 2012, Published under Cement NewsIndonesia’s cement sales increased to 4.05Mt from 3.52Mt a year earlier, Investor Daily Indonesia reported, citing data from the country’s cement association.? Yesterday, Bloomberg stated that PT Semen Gresik, Indonesia’s largest cement producer, rose 0.4% to IDR11,550 (US$1.27). PT Indocement Tunggal Prakarsa, Indonesia’s second-largest cement producer, also rose 1.7% to IDR17,800 (US$1.90). However, PT Holcim Indonesia, the nation’s third-largest cement producer, fell 1% to IDR2350 (US... |
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