by Yohanes Obor | Nov 6, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – PT AKR Corporindo Tbk (AKRA) has secured loan of Rp3 trillion from banks for funding first phase project, Java Integrated Industrial and Ports Estate (JIIPE) in Gresik, East Java. The project will cost Rp7-8 trillion. The construction,...
by Yohanes Obor | Nov 6, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Chemical CompanyPT Chandra Asri Petrochemical Tbk (TPIA) and Michelin, the giant tire manufacturer, propose to get tax holiday from the government of Indonesia. Both companies plan to produce syntetic rubber with US$435 million of...
by Yohanes Obor | Oct 29, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) recorded revenue of Rp17.39 trillion in first nine months of this year, grew by 27% from Rp13.67 trillion in the same period of last year. Cost of revenue also rose to Rp9.55 trillion from...
by Yohanes Obor | Oct 23, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Garment producer PT Pan Brothers Tbk (PBRX) sets up two joint venture (JV) companies, PT Eco Smart Garment Indonesia (ESGI) and Cosmic Gear Limited (CG) Hongkong. The JVs are engaged in retail fashion, garment industry, and printing...
by Yohanes Obor | Oct 23, 2013 | Chemical, Industries, News
WOODRIDGE (Yosefardi) – Elevance Renewable Sciences, Inc., a high-growth specialty chemicals company, has authorized the next significant stage of its second world-scale biorefinery in Natchez, Miss., in order to expand production of its Inherentâ„¢ renewable...
by Yohanes Obor | Oct 20, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Textile and garment giant PT Sri Rejeki Isman Tbk (SRIL) Tbk, popular as Sritex, revises up its revenue and profit target this year, alongwith the planned acquisition over 99.9% stake in PT Sinar Pantja Djaja from PT Kapas Agung Abadi. The...