Nickel Smelters to Watch

More and more investors believe that Indonesian government will unlikely change its mineral ore export ban. Accordingly, we have seen more investments entering the mineral smelting facilities, especially in Sulawesi Island and Halmahera Island (North Maluku...

Sinoma Group & Indonesian Cement Projects

Tianjin Cement Industry Design & Research Institute Co Ltd, member of Sinoma Group, has been awarded an EPC contract from PT Semen Baturaja (SMBR) Tbk to build new cement plant Baturaja II in South Sumatra. The project strengthens Sinoma Group’s grips in...

Pelindo II, Hutchison, and Mitsui

The first terminal of Kalibaru Port, a joint venture between state-owned port management company Pelindo II and Mitsui Corp, is expected to start commercial operation in August or September 2015, slightly behind initial schedule.  “We’re waiting...
Sinohydro & Indonesian Ventures

Sinohydro & Indonesian Ventures

Sinohydro, Chinese giant in hydropower business, has recently been granted a contract to develop 2×55 MW Jatigede hydropower plant in West Java. This project strengthens Sinohydro’s presence in the country’s power generation business. Who are the...

Oil & Gas Journal No. 06/2015: Farm-In/Outs

Crude oil advanced 3% yesterday to make a total 10% gain in two trading days. Still, relatively weak prices has created greater uncertainty regarding farm-in and farm-out of oil and gas blocks in Indonesia in recent months. Pan Orient Energy Ltd, a Canadian company,...
Anthoni Salim & Chairul Tanjung: Hospital Business

Anthoni Salim & Chairul Tanjung: Hospital Business

Almost all conglomerates in Indonesia have entered hospital business. Sinarmas Group with Eka Hospital and Lippo Group with Siloam Hospitals. Ciputra, Emtek, and Mayapada are other major business groups in the healthcare industry. How about Salim Group? You may yet to...
Aneka Tambang’s FY2014: Where is the Tayan CGA?

Aneka Tambang’s FY2014: Where is the Tayan CGA?

To be fair, Aneka Tambang (ANTM), the state-owned mining company, reported a strong performance in the last quarter of 2014. Higher volume and prices of ferronickel capped the downfall in volume and prices of gold. But, many wonder why they don’t see chemical grade...

Jakarta MRT Development Progress, or Lack Thereof

We have not reported on the progress of the development of the Jakarta Mass Rapid Transportation (MRT) project in quite some time. Seeing the progress of the project in and around the Sudirman road, we assumed that things were progressing swimmingly. Little did we...
Conflicts Surrounding Freeport Smelter

Conflicts Surrounding Freeport Smelter

Pretty much as predicted, Papua governor Lukas Enembe went straight to President Joko ‘Jokowi’ Widodo yesterday to express Papuans’ rejection on PT Freeport Indonesia’s plan in building the US$1.5 billion copper smelter in Gresik, East Java province. Lukas asked for...
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