Indonesia: SI to invest US$4.3 billion for expansion in five years

The finance director of Semen Indonesia (SI), is reported as saying that the state cement company is planning to allocate some US$4.30 billion (€3.88 billion) for its capital expenditures in the next five years. The allocations are $687.7 million for 2015; $1.28 billion (2016); $1.06 billion (2017); $577.89 million (2018), and US$656 million (2019). The funding to boost capacity will depend on prevailing market conditions, and the company plans to generate the funding via a combination of bank loans a

July 31, 2015 Read time: 1 min

The finance director of 7818 Semen Indonesia (SI), is reported as saying that the state cement company is planning to allocate some US$4.30 billion (€3.88 billion) for its capital expenditures in the next five years.

The allocations are $687.7 million for 2015; $1.28 billion (2016); $1.06 billion (2017); $577.89 million (2018), and US$656 million (2019).

The funding to boost capacity will depend on prevailing market conditions, and the company plans to generate the funding via a combination of bank loans and internal cash.

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Semen Indonesia

Indonesia’s SI secures capital of IDR 1tn

The managing director of Semen Indonesia (SI), is reported as saying that the state cement company has secured working capital of IDR 1 trillion (€67.48 million/US475.75 million) from Bank Negara Indonesia (BNI).

August 12, 2015

Semen Indonesia to halt 2015 expansion plans

In view of the slow domestic demand for cement, Semen Indonesia, Indonesia's biggest cement maker, will halt its expansion plans for 2015.

It will continue with projects that have already got off the starting block, but other projects could be delayed.

April 29, 2016

Indonesia’s SI in talks over opposition to its plant

Semen Indonesia (SI), the state cement company, is open to hold talks with the public following opposition surrounding its Rembang cement plant. A senior SI official is reported as saying that many are in support of the plant but there are also those who oppose the setting up of the IDR 4.45 trillion (€300.13 million/US$337.06 million) plant.

March 22, 2016

Indonesia: SI jv cement plant with Samana Citra

August 29, 2014

Semen Indonesia’s $50mn overseas expansion plan

July 13, 2016

Cemex obtains green financing from IFC

The International Finance Corporation will grant Cemex a loan of approximately €106 million to support Cemex’s sustainable investment programmes in emerging markets.

After a thorough assessment of Cemex’s environmental, governance and social practices, the IFC has said it will grant Cemex funding for projects designed to enhance environmental performance that were completed in 2014-2015 as well as ongoing during 2016 which are part of the capital expenditure plan previously communicated by Cemex.