by Yohanes Obor | Feb 27, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Indonesia’s state-owned fertilizer maker, PT Pupuk Kaltim, join forces with Jordan’s mining firm, Jordan Phosphate Mines Company (JMPC), to build phosphate and sulphate plants in Bontang, East Kalimantan, with investment cost of...
by Yohanes Obor | Feb 20, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – State cement maker PT Semen Baturaja Tbk (SMBR) booked net profit of Rp312.18 billion in 2013, grew by 4.7% from Rp298.5 billion in 2012. Net sales increased 6.5% to Rp1.17 trillion from previous Rp1.09 trillion. Cost of goods sold reached...
by Yohanes Obor | Feb 10, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Domestic cement sales declined 1% to 4.64 million tons in January 2014, compared to 4.68 million tons in January 2013, due to heavy rains and flood hit Java and Sumatra areas, the largest cement markets in the country. The Indonesian Cement...
by Yohanes Obor | Feb 6, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – Textile giant PT Sri Rejeki Isman (Sritex) Tbk (SRIL), through its unit (SPD), plans to issue notes worth US$350 million, equivalent Rp3.47 trillion, for funding the expansion of production facility. The notes will have tenor of 7 years and...
by Yohanes Obor | Feb 6, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) is now proposing to get Rp1.5 trillion through the export credit agency (ECA) for funding its business expansion next year. The company had secured loan commitment of Rp3.5 trillion from the...
by Yohanes Obor | Jan 27, 2014 | Chemical, Industries, News
JAKARTA (Yosefardi) – State cement producer PT Semen Baturaja Tbk (SMBR) reported unaudited net profit of Rp310 billion in 2013, increased 3.6% from Rp299 billion in 2012. The national cement demand only grew by 5.6% last year, compared to 14.5% growth in 2012....
