JAKARTA (Yosefardi) – State cement maker PT Semen Baturaja Tbk (SMBR) has today awarded contract to CBMI-DDK Joint Opertion (Sinoma Group) to construct new cement mill, Baturaja II plant.
This new cement mill will have production capacity of 1.85 million tons per year. Earlier SMBR has awarded US$170.7 million worth of contract to Tianjin Cement Industry Design and Research Institute Co Ltd, also Sinoma Group, to design, provide equipment and machinery for Baturaja II cement mill contruction.
SMBR booked net profit of Rp328.33 billion in 2014, up 5.1% from Rp312.18 billion in 2013. Net sales increased 4% to Rp1.21 trillion from previous Rp1.168 trillion. Its assets reached Rp2.92 trillion while liability amounted Rp209 billion.