by Yohanes Obor | Apr 11, 2014 | Chemical, News
JAKARTA (Yosefardi) – Domestic cement sales grew by 3.6% to 14 million tons in first quarter of this year, compared to 13.58 million tons in the same period of 2013. In January-February period, the figure only grew by 1.3%. The Indonesian Cement Association (ASI) said...
by Yohanes Obor | Apr 7, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Cement producer PT Holcim Indonesia Tbk (SMCB) will merge with its units, PT Bintang Polindo Perkasa and PT Wahana Transtama. Bintang Polindo operates cement grinding plant with capacity of 600,000 tons in Ciwadan, Banten. While Wahana...
by Yohanes Obor | Mar 21, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – PT Semen Gresik, subsidiary of state cement maker PT Semen Indonesia Tbk (SMGR), has bagged non cash loan facility of Rp1.4 trillion from PT Bank Mandiri Tbk (BMRI) with tenor of 42 months. The loan will be used to support the financing of...
by Yohanes Obor | Mar 13, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Paper producer PT Fajar Surya Wisesa Tbk (FASW), Fajar Paper, suffered loss of Rp249.06 billion in 2013, compared to profit Rp5.29 billion in 2012. Net sales increased 24% to Rp4.96 trillion from previous Rp3.99 trillion. Cost of good sold also...
by Yohanes Obor | Mar 12, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Indonesian petrochemical industry is expected to grow faster in next few years along with new investment commitment of US$7 billion to come within next three years, Bisnis Indonesia reported this morning. Amir Sambodo, the director for...
by Yohanes Obor | Feb 27, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Cement producer PT Holcim Indonesia Tbk (SMCB) posted net profit of Rp952.3 billion in 2013, declined 29% from Rp1.35 trillion in 2012, due to a jump in foreign exchange (forex) loss. It suffered forex loss of Rp184.78 billion last year,...