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View all search resultsIn the last five years the number of cement producers in Indonesia has doubled to 14. Most of the new players come from China, such as Conch Cement, Jui Shin, Panasia, Haohan Cement and Cement Hippo. Thanks to their arrival in the market, the country’s cement production capacity has surged to 108 million tons a year, making Indonesia the largest producer in SEAsia.
State-owned cement maker Semen Indonesia is expecting to strengthen its position as a market leader following the purchase of shares of publicly listed cement producer Holcim Indonesia through its subsidiary, Semen Indonesia Industri Bangunan (SIIB).
Publicly listed cement manufacturer PT Semen Indonesia (SI) said the company had fulfilled all of its operational requirements at its controversial cement factory in Rembang, Central Java, since last March despite a series of protests by locals over environmental issues.
Publicly listed state-cement producer PT Semen Indonesia (SI) booked Rp 2.01 trillion (US$144 million) in net profit last year, a 55 percent drop from the previous year, due to rising coal prices and an oversupply in the past three years.
To show their solidarity with Kendeng farmers from Pati, Central Java, who are fighting against the construction of a cement factory in their area, dozens of students under the banner of the Indonesian Islamic Students Movement (PMII) Makassar staged a rally on Thursday, during which they cemented their feet into blocks.
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