Cement News tagged under: Indonesia
Indocement prepared to make plant acquisition in 201910 July 2019, Published under Cement NewsIndocement Tunggal Prakarsa has noted that it is ready to make a cement plant acquisition this year if the opportunity arises. "Indocement is in a position that is ready to make an acquisition if there is indeed a cement manufacturer with a strategic location that will be sold," said Antonius Marcos, director and corporate secretary. Mr Marcos explained that by acquiring a strategic cement plant, it could create a positive synergy and will continue to consider all opportunities availa... |
Southeast Asia: tough times – consolidation ahead?17 June 2019, Published under Cement NewsAs Western giants are exiting the southeast Asian cement market, a new wave of consolidation, this time by local companies, is taking place. By Manas Tamotia, LEK Consulting, Singapore China’s Sinoma International Engineering Co Ltd is adding 10,000tpd of cement capacity to PT Cemindo Gemilang’s production base at the Bayah plant in Banten province, Indonesia As inflexible Western giants continue to withdraw from their positions in southeast Asia, the region’s cement market i... |
Semen Indonesia22 May 2019, Published under Cement NewsIn April 2019 PT Semen Indonesia sold a total of 3,096,519t of cement and clinker. This compares to 3,161,372t in the previous month. Semen Indonesia contributed 2,144,359t to the April total, mainly from domestic sales (1,851,219t) but also exports (293,140t). This was slightly down on the 2,219,685t reported in March this year. A further 204,601t was added by TLCC in April, made up of 117,301t to the domestic market and 87,300t in exports. This was an improvement on the 133,541t seen in th... |
HeidelbergCement02 May 2019, Published under Cement NewsHeidelbergCement has sold the 0.7Mta Spoleto cement works to Colacem and agreement has been reached to sell the Testi integrated cement works and two grinding centres to Buzzi Unicem, with completion envisaged by the end of July. The Indonesian subsidiary Indocement is looking for four per cent sales growth in 2019 to some IDR1.1bn, with most of the growth coming in the second half. This compares with a 5.3 per cent growth rate in 2018 when the net profit fell by 38.4 per cent. |
Indonesian cement sales edge up 3% in 2M1919 April 2019, Published under Cement NewsTotal cement deliveries by Indonesian cement producers advanced 2.6 per cent in the first two months of 2019 to 11.216Mt when compared with 10.93Mt in the 2M18, according to the latest data from the Indonesian Cement Association, ASI. While domestic sales were only 0.3 per cent higher YoY at 10.547Mt in January-February 2019, export sales during the period. surged by 62 per cent YoY to 668,815t. Of total export sales, 419,725t were exported as clinker, up 53.1 per cent YoY. Cement exports ... |
Semen Indonesia Group and SBI see 47% rise in February sales19 April 2019, Published under Cement NewsSemen Indonesia Group and PT Solusi Bangun Indonesia (SBI) have posted sales of 3.095Mt in February 2019, a significant increase of 47 per cent YoY when compared with a sales volume of 2.106Mt noted in February 2018. Semen Indonesia reported a 7.4 per cent YoY advance in its sales volume to 2.157Mt in February 2019. Of this total, the company supplied 1.856Mt to the domestic market, up 1.2 per cent when compared with 1.835Mt in February 2018. Around 300,772t was exported, representing a 7... |
Indocement anticipates conservative sales growth09 April 2019, Published under Cement NewsIndocement Tunggal Prakarsa is targeting a conservative sales growth of four per cent this year to IDR15.8trn (US$1.1bn) on the back of a slowdown in domestic cement consumption, president director Christian Kartawijaya has said. Mr Kartawijaya predicts demand for cement to pick up in the second half of 2019, after the country's presidential election to be held this month, he told the Jakarta Post. The HeidelbergCement group company believes cement consumption will be driven by government ... |
PT Semen Indonesia sees 10% revenue rise in 201803 April 2019, Published under Cement NewsPT Semen Indonesia increased revenues by 10.3 per cent YoY to IDR30.688trn in 2018 from IDR27,814trn in 2017. The company’s consolidated sales volume reached 33.153Mt, including the sales from Thang Long Cement in Vietnam. Export sales from its Indonesian production base advanced 68.7 per cent to 3.157Mt when compared with 1.871Mt in 2017. The Indonesian cement producer saw its cost of revenue advance by 7.6 per cent to IDR21.357trn when compared with IDR19.854trn in the previous year. ... |
PT Semen Indonesia01 April 2019, Published under Cement NewsIn February 2019 Semen Indonesia sold a total of 3,095,309t of cement and clinker. This compares to 2,495,779t in the previous month. Semen Indonesia contributed 2,156,914t to the February total, mainly from domestic sales (1,856,142t) but also exports (300,772t). This was slightly down on the 2,357,381t reported in January this year. A further 133,457t was added by TLCC in February, made up of 40,541t to the domestic market and 92,916t in exports. Again this was slightly down on the 138,398... |
The new Asian paradigm01 April 2019, Published under Cement NewsThis week CemNet news reported on the latest developments in LafargeHolcim's (LH) sale of Holcim Philippines Inc. Shares in the company have risen 50 per cent since January 2019, giving the cement maker a US$1.3bn market value, according to Bloomberg data. A decade ago, every cement major wanted to grab a piece of the Emerging Market pie. What happened? Holcim Philippines operates five plants with 9.6Mta capacity, following the recent grinding mill expansion at its La Union plant in North L... |