by Yohanes Obor | Jun 17, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – State fertilizer company PT Pupuk Indonesia is offering bonds worth Rp3.7 trillion, used to inject funds to its subsidiaries. The book building starts today. The company offers 2 series of bonds, with tenor of 3 and 5 years. The bonds...
by Yohanes Obor | Jun 13, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Cement producer PT Indocement Tunggal Prakarsa Tbk (INTP) plans to divest 51% shares of its unit PT Gunung Tua Mandiri, a coal miner, to PT Meganta Indah Sentosa. Both parties had signed sales and purchase agreement on Thursday (June 12)....
by Yohanes Obor | Jun 10, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Domestic cement sales reached 5 million tons in May 2014, compared to 4.52 million tons in April 2014. For January-May period, cement sales grew by 3.7% to 23.78 million from 22.93 million tons in the same period of last year. The Indonesian...
by Yohanes Obor | Jun 9, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Paper mill PT Suparma Tbk (SPMA) allocates capital expenditure (capex) of US$28 million for this year, funded by internal cash. The capex will be used to fund investment of new paper machine. The new paper machine will boost the...
by Yohanes Obor | Jun 4, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) plans to expand into Bangladesh, to expand its market share in Asia region, Investor Daily reported this morning. The company is now evaluating to invite 2-3 local partners in Bangladesh to...
by Yohanes Obor | Jun 3, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – PT Chandra Asri Petrochemical Tbk (TPIA) allocates capital expenditure (capex) of US$115 million, equivalent Rp1.34 trillion, for its naptha cracker expansion. This expansion, starting late last year, is targeted to complete next year. The...
