Cement News tagged under: Bosowa Group

RSS feed

Indonesia: Bosowa Corp opens new 1.8Mta grinding plant

19 December 2016, Published under Cement News

The Bosowa Corporation has started operation of two new facilities in Banyuwangi, East Java, built with a IDR1.59trn (US$118.2m) investment as part of its expansion strategy this year. The company has completed a cement grinding plant worth INR800bn and a liquefied petroleum gas (LPG) terminal worth INR787bn, are set to tighten Bosowa's grip on both the cement and energy industries in the surrounding regions. "The facilities aim to strengthen distribution and the existence of LPG and cemen...

Bosowa inaugurates Maros cement mill, Indonesia

24 December 2013, Published under Cement News

The Bosowa Group of Indonesia has inaugurated a 1.8Mta cement mill at its plant in Maros, South Sulawesi, raising the company’s total production capacity to 5.3Mta. The inauguration ceremony for the second mill at Maros was attended by MS Hidayat, Indonesia’s Minister of Industry as well as senior officials of the Bosowa Group. The industrial conglomerate’s cement plants are operated by Semen Bosowa Maros and Semen Bosowa Indonesia, which run cement plants in Maros and Batam, respective...

Bosowa Corp set to start Banten plant construction, Indonesia

17 December 2013, Published under Cement News

The Bosowa Corporation said it plans to start construction of a new cement plant in Cilegon, Banten, in the first quarter of next year. Company CEO, Erwin Aksa, told the Jakarta Post that should construction begin in March 2014, operations could commence by the end of 2015. The new facility is expected to serve the surrounding areas, notably Banten, Greater Jakarta and Lumpung, Erwin added. The project is expected to cost an estimated cost of IDR1.5trn (US$123.92m), 70 per cent of which...

Bosowa breaks ground on new plant

25 January 2013, Published under Cement News

The Bosowa Group has kicked off construction of a clinker grinding plant in Sorong, northern cost of Papua, Indonesia, with a groundbreaking ceremony. The new plant will have a capacity of 0.75Mta and is scheduled to be operational by January 2014, according to Bosowa chief Erwin Aksa. The plant will be operated by Bosowa subsidiary Bosowa Sorong, and the output will be sold to consumers in provinces in Papua and Maluku. Cement consumption on the island of Papua is around 0.9Mta with p...

Indonesia: Bosowa Group to extend ties with QNB

06 December 2012, Published under Cement News

Indonesia's Bosowa Group, plans to boost cooperation with Qatar National Bank by inviting the Qatari commercial lender to establish several joint ventures in non-banking financial institutions, reports the Jakarta Globe. Bosowa, which runs businesses ranging from taxi operations to power-plant construction and cement production, and QNB are investing partners in a locally incorporated bank, Bank QNB Kesawan. Bosowa now owns a 23% stake in the Indonesian lender, and QNB owns a majority stake...

Bosowa aims for larger slice of Indonesian market

05 December 2012, Published under Cement News

The Bosowa Corporation is planning to invest around IDR3trn in its cement activities to gain a greater share of the thriving Indonesian market. Speaking to the Jakarta Post, Bosowa CEO Erwin Aksa, said the company will spend a total of IDR10trn (US$1.06bn) by 2014 with a special focus on the cement and energy-related sectors. Next year, it plans to spend IDR6trn, half of which will be dedicated to increasing cement capacity.  “We will spend about IDR3bn on the cement sector and IDR3trn...

Bosowa Group outlines cement expansion plans, Indonesia

02 March 2012, Published under Cement News

The Bosowa Group of Indonesia has outlined plans to increase its footprint on the Indonesian cement market as it prepares to compete with some of the major players on the Java market. The group has said it will spend US$1bn on expansion for strategic sectors such as cement, infrastructure, mining finance and automative within the next five years. Bosowa, which currently operates a cement plant in South Sulawesi and a grinding plant in Batam, planst to build new factories in Rembang (Ce...