by Yohanes Obor | Nov 20, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Garment manufacturer PT Pan Brothers Tbk (PBRX) plans to issue 3.39 billion new shares through pre-emptive rights scheme, representing 52.38% of its enlarged capital. The exercise price is set at Rp300, to raise total proceeds of Rp1.02...
by Yohanes Obor | Nov 19, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Pulp and paper producer PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) injects US$407 million into its unit PT Oki Pulp & Paper Mills, by gradual until 2016. The company had secured loan from China Development Bank Corporation for boosting its...
by Yohanes Obor | Nov 18, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) allocates its capital expenditure (capex) of Rp5-6 trillion for 2014, compared to Rp3 trillion this year, Bisnis Indonesia reported this morning. The company plans to expand its business and boost...
by Editor | Nov 17, 2013 | Chemical, Industries, News
SINGAPORE (Yosefardi) – SCG Chemicals Co Ltd has agreed to acquire 22.83% interest in Bangkok Synthetics Co Ltd from NSL Chemicals Ltd for S$328.3 million. “The sale will allow NSL to better align its strategy to develop and grow four core...
by Yohanes Obor | Nov 8, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – PT Surya Esa Perkasa Tbk (ESSA) plans to change its core business to ammonia producer in 2016, from current business as producer of liquid petroleum gas (LPG), Bisnis Indonesia reported this morning. With new business, the company target to...
by Yohanes Obor | Nov 7, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Chemical Company PT Chandra Asri Petrochemical Tbk (TPIA) targets to book revenues of US$2.5 billion, equivalent Rp25.7 trillion, this year, a 7% growth compared to last year, inline with industry growth of 6-7% per year. The company booked...