Shareholders Approve Results of Holcim Indonesia AGM

By : Ridwan And Aldi Firhand. A | Thursday, May 17 2018 - 22:41 IWST

holcim
holcim

INDUSTRY.co.id - Jakarta, In the Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meeting of Shareholders held today, Thursday (17/5/2018), the shareholders approved the financial statements of PT Holcim Indonesia Tbk in 2017 and the appointment of Surindro Kalbu Adi as Director and company growth strategy in facing challenge.

In response to Holcim Indonesia Holcim Indonesia Annual General Meeting, Holcim Indonesia President Director Gary Schutz said that the market situation in Indonesia in the first quarter of 2018 is still heavy, especially with the condition of oversupply in the cement market.

However, Gary continued, we remain optimistic and expect a 6% volume increase through the end of the year including growth of 25% of Aggregate and Building business units, especially innovative products and value-added solutions such as SpeedCrete, ThruCrete.

"As a precaution, Holcim will continue to make cost-efficiency and take commercial transformation measures," Gary said

According to him, Holcim is currently in a good position thanks to a wider network as well as the presence of new products that are increasingly complementing the product line to provide added value and solutions for customers.

"The presence of a new cement terminal in Palembang this year is expected to further expand Holcim's network in areas with high growth rates," he explained.

"We are ready to serve the market and meet the needs of our customers, from homeowners to infrastructure projects and high rise building projects Our commitment is to provide innovative and value-added solutions for our customers This is what sets us apart from our competitors," added Gary.

To that end, Holcim continues to offer innovative solutions, lower costs and take efficiency measures for operational needs in order to offset competitive pressures and inflation costs.

Having a number of product lines with special specifications, Holcim Indonesia is an innovator and leader in the building materials industry as it is ready to cope with dynamic market changes.

News Comment

Today's Industry

Ilustration Brand phishing (Photo by Technonlogy For You)

Selasa, 04 Agustus 2020 - 09:15 WIB

Google and Amazon Overtake Apple as Most Imitated Brands for Phishing in Q2 2020

Brand phishing involves the attacker imitating an official website of a known brand by using a similar domain or URL, and usually a web page similar to the original website.

Tommi Makila, Senior Solutions Architect at Synopsys Software Integrity Group (Photo by LinkedIn)

Selasa, 04 Agustus 2020 - 08:20 WIB

Are you following the top 10 software security best practices?

Each and every company’s security needs are unique and ultimately the practices and policies related to such will be unique (or as I like to put it; it’s a journey).

Ardhi Bebi Laksono

Jumat, 31 Juli 2020 - 19:30 WIB

Market Trend E-Comerce in Indonesia

As many as 90 percent of internet users in Indonesia have made purchases of products and services online.

Ardhi Bebi Laksono

Jumat, 31 Juli 2020 - 19:15 WIB

Learning from IKEA Marketing Strategy

Who doesn't know IKEA in the furniture market. A Swedish company founded by Ingvar Kamprad in 1943, is the largest furniture company in the world.

Ilustration Global Broadband Speeds (Photo by Liputan6.com)

Jumat, 31 Juli 2020 - 18:15 WIB

Global Broadband Speeds Plummet During COVID-19 Lockdown Periods

Cable.co.uk has analysed data from over 364 million broadband speed tests (M-Lab) in 114 countries which instituted COVID-19 lockdowns (OxCGRT) to measure differences in average broadband speed…