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

Huawei earns MOCN Partners Award from Indosat

Rabu, 31 Mei 2023 - 16:30 WIB

Huawei Recognized as Outstanding Partner from Indosat in MOCN Partner Awards for Successful Network Integration

Indosat Ooredoo Hutchison (Indosat), has achieved a significant milestone in its mission to connect and empower the people of Indonesia, after completed the merger in January 2022.

65 years APO Tokyo

Rabu, 31 Mei 2023 - 15:28 WIB

65th Session of the APO Governing Body in Mongolia: Assessing Progress, Celebrating Milestones, Shaping the Future

The Asian Productivity Organization (APO) successfully concluded the 65th Session of its Governing Body (GBM) with representatives of 19 APO member economies attending in Ulaanbaatar, Mongolia,…

World Fishing Championship, the First Fishing Game on WEMIX PLAY, Launches in 170 Countries (Graphic: Wemade)

Rabu, 31 Mei 2023 - 15:00 WIB

World Fishing Championship, the First Fishing Game on WEMIX PLAY, Launches in 170 Countries

Wemade officially launched World Fishing Championship, a fishing game developed by Wemade Plus, on May 25th in 170 countries.

President Jokowi launched the IKN logo, Tuesday (30/05/2023), at the State Palace, Jakarta. (Photo: Public Relations of Setkab/Agung)

Rabu, 31 Mei 2023 - 14:35 WIB

President Jokowi Launches IKN Logo Themed Tree of Life

Indonesian President Joko Widodo (Jokowi) officially launched the Indonesian Capital City logo (IKN), Tuesday (30/05/2023), at the State Palace, Jakarta.

Falcon 40B," the UAE's first large-scale AI model, is now open source for research and commercial use. (Photo: AETOSWire)

Rabu, 31 Mei 2023 - 14:05 WIB

UAE's Technology Innovation Institute Launches Open-Source "Falcon 40B"

The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today strengthened…