by Editor | Jun 10, 2013 | Chemical, Industries
GRESIK (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) and state steel producer PT Krakatau Steel Tbk (KRAS) will set up a joint venture (JV) company for producing slag powder. Dwi Soetjipto, SMGR’s president director, said the JV will...
by Editor | Jun 1, 2013 | Chemical, Industries, News
HONG KONG (Yosefardi) – Shares of Sateri Holdings Limited, one of the world’s largest producers of dissolving pulp, plummeted 14.19% to HK$1.33 Friday (May 31), the lowest level since its IPO in late 2010. At HK$1.33, Sateri Holding’s market...
by Editor | May 27, 2013 | Chemical, Industries, News
JAKARTA (Yosefardi) – Shareholders of PT Surya Esa Perkasa (ESSA) Tbk have approved the company’s plan for equity injection of up to US$80 million into subsidiary PT Panca Amara Utama (PAU). PAU is now entering the final stages towards achieving financial...
by Editor | May 23, 2013 | Chemical, Industries
JAKARTA (Yosefardi) – PT Asahimas Chemical, chemical producer from Japan, plans to expand its processing plant in Cilegon, Banten province. Eddy Sutanto, director of Asahimas Chemical, said the company will invest US$300-400 million for the project. The company...
by Editor | May 20, 2013 | Chemical, Industries
MUARA ENIM (Yosefardi) – State oil and gas company PT Pertamina and PPT Plc Thailand will build petrochemical plant in Balongan refinery area by end of this year. In the first phase, both companies will build factory with capacity of 1 million tons of prophylene...
by Editor | May 19, 2013 | Chemical, News
SINGAPORE (Yosefardi) – SGX-listed WE Holdings has entered into a non-binding term sheet to acquire shares in Dragon Cement Co Ltd, Myanmar. Dragon Cement is engaged in the business of cement production and is majority owned by Nay Win Tun, a Myanmar businessman...
