Indonesia cement major SMGR to invest $2.2b on regional expansion, M&As

Indonesia cement major SMGR to invest $2.2b on regional expansion, M&As

Visual from SMGR website

Semen Indonesia (SMGR) is planning to spend Rp30 trillion ($2.2 billion) on developing new and existing cement mills, stepping up regional expansion and strengthening downstream business by acquisitions. The company is looking at making these strategic investments over the next five years.

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