Cement News tagged under: Semen Gresik
Indonesia: PT Semen Indonesia looks to alternative fuels to save jobs17 October 2016, Published under Cement NewsCost-saving measures other than staff layoffs are considered more efficient in improving company margins as they are challenged by weak demand, according to corporations and consulting firms quoted in The Jakarta Post. "Our energy-related costs hovered around 60 per cent of overall costs so we prioritised making them more efficient," said Agung Wiharto, corporate secretary of state-owned Semen Indonesia, highlighting energy as the focus of the company’s cost-saving measures. Semen ... |
Know your raw materials22 August 2016, Published under Cement NewsStackers and reclaimers play a large part in achieving the reliability that helps deliver a constant supply of homogenised raw materials to the mills. The storage solution must cope with quarry operations and logistics, as well as different raw material parameters. To ensure the reliability of stackers and reclaimers and to optimise their total costs, accurate raw materials characterisation is essential. By FLSmidth, Denmark. At Holcim Brazil's Barroso plant, the clay excavator was in... |
Semen Indonesia29 April 2015, Published under Cement NewsDespite Semen Gresik and Semen Padang both posting a fall in sales volumes in 1Q15, PT Semen Indonesia is pushing ahead with its expansion plans. Semen Gresik saw sales drop by 0.6 per cent to 3.27Mt, compared to 3.29Mt in 1Q14, while Semen Padang registered a 1.8 per cent contraction to 1.58Mt. Semen Tonasa, meanwhile, increased sales by 2.3 per cent coming in at 1.3Mt in 1Q15, compared to 1.27Mt in the same period last year. According to the Indonesia Cement Association, domestic consumpti... |
Semen Indonesia provides loan to Gresik, Indonesia12 June 2014, Published under Cement NewsSemen Indonesia is to provide a IDR5trn loan (US$421.76m) to subsidiary Semen Gresik to partly finance the latter’s new cement plant in Central Java, according to an announcement posted on the Indonesia Stock Exchange. The loan agreement, which amounts to IDR5.07trn when taking interest into account, was signed on Monday. Semen Gresik is constructing an 8000tpd greenfield works situated just outside the city of Rembang in the northeastern part of central Java. The new factory is expecte... |
Gresik inks loan facility for Rembang construction27 March 2014, Published under Cement NewsPT Semen Gresik, part of the Semen Indonesia group, has as secured a letter of credit (L/C) facility to help finance the construction of its Rembang greenfield works in Central Java, Indonesia. The facility agreement, worth INDR1.4trn (US$122.53m), was signed on Friday by Semen Gresik president director Gatot Kustyadji and state lender Bank Mandiri institutional banking director Abdul Rachman. Under the deal, Mandiri has agreed to issue L/Cs to Semen Gresik for the next 42 months to suppor... |
FLSmidth wins Indonesian greenfield order17 February 2014, Published under Cement NewsFLSmidth has received an order worth approximately EUR42m (approximately DKK310m) from Indonesian cement producer PT Semen Gresik for a greenfield cement plant with a capacity of 8000tpd. The new plant will be located just outside the city of Rembang in the northeastern part of Central Java, Indonesia. The order comprises equipment for the main part of the production line, including a raw mill, coal mill, preheater, kiln, burner, clinker cooler and silo equipment as well as a complete con... |
Gresik achieves record production in 201204 January 2013, Published under Cement NewsState-owned Indonesian cement producer PT Semen Gresik achieved record production last year and targets further increases this year, according to a senior member of the company. Cement production rose 18 per cent in 2012 to 22.6Mt and revenue is expected to hit IDR19trn (US$2bn). “We hit a record in terms of production,” said the company’s president director Dwi Soetjipto in Gresik early this week. Revenue reached IDR18.43trn in the first nine months of 2012 and net income was IDR4.55... |
Semen Gresik sets US$400m for 2013 capex02 January 2013, Published under Cement NewsIndonesia’s largest cement producer PT Semen Gresik has set US$400m in capital expenditure for its corporate business activities, according to its president Dwi Soetjipto. "The expenditure will be used to carry out a number of corporate business activities such as continuing the company`s transformation into a holding firm, namely PT Semen Indonesia Tbk," Mr Soetjipto, told reporters. He said that the other corporate activities included the integration of Thang Long, a Vietnamese firm i... |
Indonesia Jan-November 2012 sales rise 15%17 December 2012, Published under Cement NewsIndonesia's cement sales have continued their upward trend, with domestic consumption having risen 15 per cent in the first 11 months of 2012, thanks to the country's infrastructure and property sectors. Cement sales rose to 49.9Mt between January-November 2011, state-owned cement producer Semen Gresik reported on its website on Friday citing data from the Indonesian Cement Association (ASI). "Increases in cement consumption were driven by the property and infrastructure sectors, as we... |
Gresik eyes tie-up with Semen Baturaja, Indonesia30 November 2012, Published under Cement NewsSemen Gresik CEO Dwi Soetjipto has expressed an interest in synergising with another state-owned cement producer, Semen Baturaja, according to local press reports. "We see that such a synergy can improve Semen Gresik's position and Baturaja's inclusion can give added value," said Dwi at a press conference during the Investor Summit, earlier this week. The acquisition was planned after Semen Gresik had changed its name to Semen Indonesia and became a strategic holding company for products u... |