by Editor | Oct 19, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – PT Medco Ethanol Lampung, a wholly-owned subsidiary of Medco Downstream Indonesia, has suspended its ethanol plant operation due to insufficient supply of feedstock. Medco Ethanol suspended the plant, located in Lampung province, on October...
by Yohanes Obor | Oct 10, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – National cement consumption reached 5.32 million tons in September 2013, inched up 3.2% from 5.16 million tons in September 2012. Compared to August 2013 (3.39 million tons), the figure jumped 56.93%. Indonesian Cement Association (ASI)...
by Yohanes Obor | Oct 9, 2013 | Chemical, Industries, News
BOGOR (Yosefardi) – Cement producer PT Indocement Tunggal Prakarsa Tbk (INTP) has today launched groundbreaking of its new cement mill construction, the 14th mill, located in Citeureup, Bogor regency. The construction, by PT Sinoma Engineering Indonesia, is...
by Yohanes Obor | Oct 7, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Textile and garment giant PT Sri Rejeki Isman Tbk (SRIL) Tbk, popular as Sritex, plans to acquire 99.9% stake in PT Sinar Pantja Djaja from PT Kapas Agung Abadi. SRIL will acquire Sinar Pantja at price of Rp723 billion. The company had...
by Yohanes Obor | Oct 7, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Sinar Mas Group will in near term build new pulp and paper mill in Ogan Komering Ilir, South Sumatra, with investment cost of US$3 billion. The mill will be built in 2 phase with capacity of 2 million tons per year each. The construction is...
by Yohanes Obor | Oct 4, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) has secured loan of US$100 million, equivalent Rp1.1 trillion, from Bank Mandiri and Standard Chartered Bank. The loan will be used to refinance loan of its unit Thang Long Cement in Vietnam...
