Holcim Indonesia renamed as Solusi Bangun

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Indonesia: Semen Indonesia has renamed Holcim Indonesia as Solusi Bangun following its takeover. Semen Indonesia’s corporate secretary Agung Wiharto said that the acquisition was aimed at increasing the country's cement plant network and strengthening its supply chain, according to the Jakarta Post newspaper. He added that the purchase would also benefit the company’s ready-mix concrete business. Lowered distribution and raw material costs are also anticipated.

Last modified on 12 February 2019

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