May 11, 2026 | Industries, Market
Citra Tubindo (CTBN), producer of pipe for oil and gas operations (oil country tubular goods/OCTG), suffered 80% fall of sales revenues in the first quarter of 2026 due to lower purchase from both domestic and overseas oil and gas companies. Export sales fell sharply...
May 8, 2026 | Industries, Market
Two glass manufacturers listed on the Indonesia Stock Exchange (IDX) suffered from falling margins in the first quarter of 2026 due to low sales growth, higher input, labour, and utilities costs. PT Asahimas Flat Glass Tbk (AFMG), co-owned by AGC (Japan) and Rodamas...
Apr 29, 2026 | Industries, Market
Ammonia producer ESSA Industries booked net profit of US$18.8 million in the first quarter of 2026, surged by 132% from the corresponding period last year due to the spike of ammonia price related to Iran war. The war, started late February, contributed to 37% jump in...
Apr 28, 2026 | Industries, Market
Three iron and steel companies listed on Indonesia Stock Exchange (IDX)—-Krakatau Steel, Spindo, and Garuda Metalindo—-reported mixed financial results in the first quarter of 2026. Krakatau and Garuda Metalindo improved on sales and margins, while Spindo weakened....
Apr 24, 2026 | Industries, Market
Electric vehicle (EV) transition is no longer a unified national project. It is becoming a patchwork of provincial experiments—each shaped less by strategy than by fiscal pressure. With new rules issued via the Ministry of Home Affairs, regional governments are no...
Apr 23, 2026 | Industries, Market
PT Lotte Chemical Indonesia (LCI), which operates the second largest petrochemical centre in the country, has secured a naphtha supply from Malaysia to ensure the continuity of production amid disruption of global supply chain due to conflicts in the Middle East....
