Cement News tagged under: Indocement

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Indocement sets 2014 capex spend, Indonesia

29 November 2013, Published under Cement News

PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, plans IDR4-5trn in capex next year, mostly geared towards boosting the company's production. "Most of it will be used to finance the ongoing construction of our brownfield plant in Citeureup [Bogor, West Java]," Sukanto told a news conference on Thursday. Funds will be sourced from internal cash. The brownfield works will have a capacity of 4.4Mta  China-based Tianjin Cement Industry Design and Research Institute will...

Indocement to raise prices, Indonesia

22 July 2013, Published under Cement News

PT Indocement Tunggal Prakarsa is planning to raise its cement prices in an effort to help offset an increase in subsidised fuel prices. Indocement’s director, Kuky Permana, told local press that increases have not yet been published as the company is still currently working out new prices. The company’s OPC currently sells at IDR54,000/40kg bag (US$5.3) and IDR64,000/50kg bag. The Indonesian government has increased the price of subsidized fuel from IDR4500/l to IDR6500/l for Premium g...

Indonesia cement sales rise 8.6%, Jan-Apr 2013

16 May 2013, Published under Cement News

Indonesian cement sales increased by 8.6 per cent in the four months to the end of April 2013, the latest data from the Indonesian Cement Association (ASI) reveals. Sales for the January-April 2013 period reached 18.12Mt compared to 16.68Mt in the same period of last year. In April 2013 alone, sales also increased by 8.6 per cent to 4.54Mt in April from 4.18Mt in April 2012. The April sales growth showed an improvement on March's rate when sales only advanced by 3.5 per cent – the slowest...

Indocement gears up to meet rising demand, Indonesia

16 August 2012, Published under Cement News

PT Indocement Tunggal Prakarsa has said it will continue to raise capacity to meet increasing domestic demand with three new factories planned to come on-stream by 2016. The new facilities are to be built in Citereup (West Java), Pati (Central Java) and another outside Java. Construction of the Citereup factory, which will have a capacity of 4.4Mta, will start construction before the end of this year and be completed in 2015. An environmental impact assessment is still being carried out...


05 April 2012, Published under Cement News

HeidelbergCement's turnover increased by 9.7% last year to €12,901.9m while the EBITDA improved by 3.6% to €2320.7m. At the trading level, the improvement was 3.2% to €1376.6m and the net interest charge was 6.8% lower at €545.8m and the total financial charge fell by 20.7% to €582.4m. This led to a 32.6% increase in the pre-tax profit by to €794.2m. After a virtual quadrupling of the tax charge and a 10.6% increase in minorities, the net attributable profit emerged just 1.6% higher at €348....