by Yohanes Obor | Nov 13, 2014 | Industries, News, Steel
JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) allocates capital expenditure (capex) of US$275-350 million for 2015, equal to this year of expected US$320-350 million. The company allocates US$275 million capex for funding the existing...
by Yohanes Obor | Oct 15, 2014 | Industries, News, Steel
JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS), through its subsidiary PT KHI Pipe Industries, has completed the construction of electric resistant welding (ERW #2) pipe, unit 2, with investment cost of Rp335 billion. This new facility...
by Yohanes Obor | Aug 14, 2014 | Industries, News, Steel
JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) and Nippon Steel & Sumitomo Metal Corporation (NSSMC) has in August 11, 2014 set up a joint venture (JV) company PT Krakatau Nippon Steel Sumikin (KNSS). KNSS, with paid up capital of...
by Yohanes Obor | Jul 22, 2014 | Industries, News, Steel
JAKARTA (Yosefardi) – PT Gunawan Dianjaya Steel Tbk (GDST), a producer of hot-rolled steel plates, booked net profit of Rp23.33 billion in first half of this year, dropped 55.8% from Rp52.19 billion in the same period of last year. Net sales increased 2.3% to...
by Yohanes Obor | Jun 27, 2014 | Industries, News, Steel
JAKARTA (Yosefardi) – Iron and steel producer PT Betonjaya Manunggal Tbk (BTON) plans to add one production machine facility, to boost its production capacity to 45,000 tons per year from current 30,000 tons. The new production facility is expected to commence...
by Yohanes Obor | Jun 27, 2014 | Industries, News, Steel
JAKARTA (Yosefardi) – PT Steel Pipe Industry of Indonesia (Spindo) Tbk (ISSP) plans to issue bonds worth Rp300-500 billion this year, used to fund its expansion of production facility/plants and to support its working capital. The company plans to build factory in...
