Kategori: Misc Industry

Gajah Tunggal, Tbk (GJTL:IJ) acquired 92.9% shares of Filamendo Sakti (nylon filament 6 producer which is the main raw material of nylon tire fabric 6) from Polychem.

Gajah Tunggal, Tbk (GJTL:IJ) is planning to increase exports to several countries as rupiah depreciates. The company is confident to penetrate European market due to tax antidumping regulation form China. Moreover, according to the company, they.

Indo-Rama Synthetics, Tbk (INDR:IJ) targets to increase its production capacity to 20% or equal to 55,000 tonnes/year until 2020. According to the management, the company’s factory utilization has already reached 100%, therefore the company needs to add polyester production capacity. The company plans to develop its factory through two.

The development of e-commerce and global business prospects encouraging industry manufacturers of paper, make Indah Kiat Pulp & Paper, Tbk (INKP IJ) and Pabrik Kertas Tjiwi Kimia, Tbk (TKIM IJ) are benefiting from the growth in global demand. For the record, the.

The impact of trade war between the United States (US) and China provides benefits for paper companies such as Indah Kiat Pulp & Paper, Tbk (INKP IJ), post trade war caused the price of pulp or paper pulp higher. Currently, China is the shortage of raw materials.

Semen Indonesia, Tbk (SMGR:IJ) projects 5%-7% increase in total domestic cement sales in FY18, slower than 7.8% YoY growth achieved in 11M17. The forecast is based on expected demand for cement from the government’s multiyear infrastructure projects,.

Goodyear Indonesia, Tbk (GDYR:IJ) get the bank loan facilities of USD15Mn with tenor 1-year from HSBC Indonesia. The loans were without warranty, and with commercial interest rates. The company does require capital to run its business, since its has 84 authorized outlets to market the product in the various regions in.

Central Proteina Prima, Tbk (CPRO:IJ) has pocketed the approval to do restructuring debt bonds amounting to USD331Mn, since its awaits confirmation from Singapore court restructuring. There are two way that will be taken to restructure debt. First, by issuing the new bonds, and Second, it converts the bonds into shares of series B through capital.

Central Proteina Prima, Tbk (CPRO:IJ) has get the permit for debt restructuring of obligation amounting to USD331Mn. Currently, company is waiting for the restructurisation approval from the Singapore court. The company is also to convert obligation to series B shares through rights issue scheme for debt restructuring amounting to.

Sri Rejeki Isman, Tbk (SRIL:IJ) is targeting sales growth up to 15% YoY in 2018. However, the figure could increase if the acquisition plan launched in next year, and predicts sales growth able to reach the figure of 20%-30% post-acquisition. The expected targets could be achieved despite not doing the acquisition, since company plan to.