by Yohanes Obor | Sep 11, 2013 | Chemical, Finance, Industries, News
JAKARTA (Yosefardi) – Domestic cement sales dropped by 32.5% to 3.3 million tons in August 2013, from 5 million tons in July 2013. Compared to August 2012, cement sales fell 5.3%. While cement export declined 19% to 95,000 tons from previous 117,000 tons. Year...
by Yohanes Obor | Sep 6, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Cement maker PT Holchim Indonesia Tbk (SMCB) builds new cement mill, Tuban 2, with production capacity of 1.75 million tons per year, equal to Tuban 1 capacity. Construction of Tuban 2 is targeted to complete by second half of 2015. This...
by Yohanes Obor | Sep 4, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Paper producer PT Fajar Surya Wisesa Tbk (FASW), Fajar Paper, has today (Sep 4) signed loan term loan facility commitment amounting US$240 million with 5 banks, to fund expansion of business and to refinance existing long term loan. That 5...
by Yohanes Obor | Aug 30, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Dahlan Iskan, minister of state-owned enterprises (SoE), demands stata cement maker PT Semen Indonesia Tbk (SMGR) to acquire the loss-making PT Semen Kupang, operated in Kupang, East Nusa Tenggara (NTT) province. Semen Kupang stopped its...
by Yohanes Obor | Aug 26, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Garment producer PT Pan Brothers Tbk (PBRX) plans to set up 4 new units, including joint venture, this year, to strengthen its business portfolios. PBRX’s director Fitri Ratnasari Hartono said new units are targeted to operate in...
by Editor | Aug 26, 2013 | Chemical, Industries, News
HONG KONG (Yosefardi) – China National Materials Co Ltd, one of the largest companies in China, booked net profit of RMB101 million only in the first half of 2013, slashed by 38.8% from the corresponding period of 2012. The company’s sales revenue actually...