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Indonesia: Semen Indonesia has signed a sales and purchase agreement worth US$917m to buy a 80.6% share of Holcim Indonesia. The acquisition gives Semen Indonesia a production capacity of 53Mt/yr making it the largest cement producer in south-east Asia, according to the Antara news agency.
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Cement, or Portland cement, is defined as "a hydraulic cement, obtained by burning a mixture of lime and clay to form a clinker, then pulverizing the clinker into powder. The greenish gray powder is composed primarily of calcium silicates, calcium aluminates, and calcium ferrites.
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