Cement News tagged under: Indonesia
PT Indocement30 October 2018, Published under Cement NewsIn the opening nine months of 2018, Indocement has seen its sales volume advance by up to six per cent YoY to more than 13Mt. This compares to domestic cement demand growth in Indonesia of just 4.9 per cent over the same period. The company saw sales reach 1.7Mt in September alone this year, compared to 1.6Mt in the same month last year, marking an improvement of 6.25 per cent. Indocement expects sales to continue to advance at the same rate, reaching a total of around 17Mt for 2018 as a who... |
Anhui Conch30 October 2018, Published under Cement NewsAnhui Conch has signed a cement sale and purchase agreement with Jiangsu Conch Building Materials, believed to be worth around US$230m. Under the agreement, Conch subsidiaries in east China will sell a total of 3.5Mt of cement products to Jiangsu, a non-wholly-owned subsidiary of Anhui Conch. The deal is designed to allow the direct Conch subsidiaries to focus on production while Jiangsu concentrates on what is being described as its “centralised sales advantage”. The contract is seen as a p... |
PT Holcim Indonesia Tbk shares rise steeply26 October 2018, Published under Cement NewsThe stock price of PT Holcim Indonesia Tbk rose steeply in trading this week. Rumours related to the divestment of shares owned by LafargeHolcim in Indonesia raised optimism in the company’s shares. According to CNBC Indonesia, Thursday, 25 October trading took the company’s share price up by 10.87 per cent to IDR1785/share (US$0.118/share). Trading volume was also quite large reaching 47.02m shares valued at IDR81.5bn. Since May speculation about the release of PT Holcim Indonesia Tbk... |
Anhui Conch to set up distribution centre in Indonesia02 October 2018, Published under Cement NewsAnhui Conch Cement is seeking project finance for a US$105m cement transport centre in Palembang, Indonesia. The company plans to raise 80 per cent of the total investment via debt from international and Chinese banks. The plans include a transportation and storage centre, with a berth for vessels of a 3000dwt capacity, which will import and export 400,000tpa of cement. The project is expected to be completed within 18 months. |
PT Indocement26 September 2018, Published under Cement NewsPT Indocement recorded a one per cent YoY increase in cement sales in August 2018, in line with national cement consumption growth. Sales that month came in at 1.6Mt with total sales for the first eight months of the year reaching 11.5Mt, up seven per cent compared to the same period last year. According to Prakarsa Antonius Marcos, director and company secretary, PT Indocement, the poor growth seen in August is blamed on national holidays and the opening of the 2018 Asian Games, resulting i... |
PT Semen Indonesia26 September 2018, Published under Cement NewsIn August 2018 PT Semen Indonesia sold 20.67Mt of cement, up four per cent compared to the same period a year earlier. Domestic sales came in at 16.93Mt while exports reached 1.99Mt during the month, an increase of 42.7 per cent YoY. The company is reportedly aiming for exports of 3Mta this year, equivalent to IDR4.44trn (US$297,687), to help boost plant utilisation rates. Most exports from Semen Indonesia are destined for Sri Lanka, Tahiti, Timor Leste, Tonga, UAE, Philippines and China. |
Indonesia exports reach 3.62Mt between Jan-Aug 201825 September 2018, Published under Cement NewsIndonesia's cement and clinker exports have reached 3.62Mt in the January-August 2018 period an increase of 95.8 per cent YoY, reports Indonesian Investments. According to the Indonesian Cement Association (ASI), cement and clinker exports are now forecast to reach 5Mt by the end of 2018, which is massively up on the original target of 3Mt. In the month of August cement and clinker exports rose by 31.1 per cent YoY to 541,143t, said ASI. Agung Wiharto, corporate secretary of PT Semen Indon... |
PT Semen Indonesia reports 4% rise in August sales20 September 2018, Published under Cement NewsPT Semen Indonesia reports its cement sales in August 2018 amounted to 20.67Mt, a rise of four per cent compared to 19.88Mt in August 2017. Domestic sales totalled 16.93Mt while exports reached 1.99Mt for the month. PT Semen Indonesia's Director of Marketing and Supply Chain, Adi Munandir, said, " We no longer see that Sement Indonesia consist of three cement companies in Indonesia that are separated." By consolidating the brands customers no longer see PT Semen Gresik and PT Semen Padang... |
Aceh's coastline damaged by PT Lafarge Cement Indonesia's coal spill07 August 2018, Published under Cement NewsPT Lafarge Cement Indonesia, (LafargeHolcim) is likely to face a hefty environmental clear up bill after a barge spilt 700t of coal off the Sumatra coast, polluting beaches, damaging coral and impacting marine life. The incident occurred on July 30, when the barge, reportedly carrying coal to the Aceh cement factory, was hit by high waves just 100m (330ft) off Lampuuk Beach in Aceh Besar district, on the northern tip of Sumatra. "The coal spill has damaged corals, affected the marine life... |
HeidelbergCement attracted to possible LafargeHolcim Indonesia sell-off02 August 2018, Published under Cement NewsHeidelbergCement could buy parts of LafargeHolcim's business in Indonesia that is up for sale, says HeidelbergCement CEO, Dr Bernd Scheifele. LafargeHolcim is planning to raise around CHF2bn (US$2.02bn) from selling assets as it reduces its operations, with speculation that its business in Indonesia could be among the candidates for sale, claims Reuters. "LafargeHolcim is in the market regarding the sale of its entire Indonesia business. In principle we always look at such topics... but it... |