Semen Indonesia expands into Aceh
Published by Joseph Green,
Editor
World Cement,
Cement producer Semen Indonesia is expanding into Aceh next year by developing a factory with an investment of up to US$360 million.
The company is currently investigating to potential of building the factory in Pidie.
Semen Indonesia had found a local partner for the project and is holding discussions to determine the portion of stakes in the upcoming joint venture. The company projected the facility would produce around 3 million tpy of cement.
The plant is part of Semen Indonesia's US$4.3 billion expansion plan between 2015-19.
Edited from sources by Joseph Green. Sources: Jakarta Post, Jakarta Globe, CNN Indonesia
Read the article online at: https://www.worldcement.com/asia-pacific-rim/02112015/semen-indonesia-expands-aceh-892/
You might also like
World Cement Podcast
Tune into Episode 2 of the World Cement podcast to hear the second half of the CCUS-focused panel discussion from EnviroTech 2024.
Cemex expands its Urbanisation Solutions business in the UK
Cemex is advancing its growth strategy by expanding its Urbanisation Solutions business in the UK with a new lower-carbon mortar plant near London.
