Toba Pulp Bags Loan $30 Million

Toba Pulp Bags Loan $30 Million

JAKARTA (Yosefadi) – Pulp and paper producer PT Toba Pulp Lestari Tbk (INRU) has bagged loan of US$30 million, equivalent Rp360 billion, from its parent company, Pinnacle Company Limited (PCL). The loan agreement was signed in October 3, 2014. The loan will be...

Cement Sales Down 25% in July

JAKARTA (Yosefardi) – Domestic cement sales reached 3.7 million tons in July 2014, declined 25% from 5 million tons in July 2013, mainly affected by Lebaran season and Presidential Election. Cement sales in Kalimantan dropped 29% to 273,426 tons, followed by Java...