Cement News tagged under: Indonesia
Indonesian July 2014 cement delivery fall 25%11 August 2014, Published under Cement NewsIndonesian cement dispatches dropped by a quarter YoY to 3.7Mt in July 2014. The slowdown is attributed to falling economic growth, the presidential election and the Idul Fitri/Lebaran holiday. Apart from business closures, the holiday also leads to the large-scale movement of workers to their hometowns, which results in trucks being banned from specific roads. According to Widodo Santoso, chairman of the Indonesian Cement Association (ASI), cement sales are expected to recover and expand... |
Semen Indonesia to expand to 72.9Mta by 203011 August 2014, Published under Cement NewsPT Semen Indonesia said that it intends to expand its production capacity to 72.9Mta by 2030. As a result, output potential would more than double its present capacity of 31.8Mta, according to Dwi Soetjipto, Semen Indonesia's president director. The higher capacity would be achieved through building more plants or acquire the works of other cement producers, he added. "In 2014, the company has carried out strategic preparations for further expansion. The process of groundbreaking has bee... |
Semen Indonesia outlines 2015 capex07 August 2014, Published under Cement NewsSemen Indonesia has earmarked US$500m in capex next year in anticipation of an increase in infrastructure projects over the next five years, its president director has said. Dwi Soetjipto told the Jakarta Post that the state-owned cement producer will use the investments to build or upgrade cement plants and to improve the company’s distribution network. Dwi added that the company aims to produce 40Mta of cement by 2017. He expects demand to jump over the 2014-19 period due to infrastruct... |
Holcim Indonesia secures IDR4bn loan04 August 2014, Published under Cement NewsPT Holcim Indonesia has secured a IDR400bn (US$34.09m) loan from Bank Sumitomo Mitsui Indonesia which it plans to use for working capital, Reuters quoted the cement producer's CEO, John Ginley, as saying. The firm is currently working on Tuban Line II in East Java, with a capacity of 1.7Mta, which is expected to start operations in the first quarter of 2015. The new line is identical to Tuban Line I which was officially launched last month. First-half performance Gross profit was margina... |
Capstone wins order for Indonesian cement plant21 July 2014, Published under Cement NewsCapstone Turbine Corporation has received an order from Indonesia for a Capstone C800 system to power a cement factory in Balikpapan, Indonesia. The order was secured by Serba Dinamik, Capstone's exclusive distributor for Indonesia, Malaysia, and Brunei and is expected to be commissioned in September 2014. The cement factory will be powered exclusively by the Capstone C800 microturbine. After securing a steady supply of liquefied natural gas (LNG) to replace high cost diesel fuel, the fact... |
SCG: second-quarter earnings drop expected, outlook upbeat17 July 2014, Published under Cement NewsSiam Cement, Thailand’s largest industrial conglomerate and leading cement producer, is expected to report a 10.5 per cent drop in second-quarter earnings, according to KGI Securities. The decline is mainly attributed to falling regional demand for chemical products. KGI analyst Nat Panassutrakorn has revised down his full-year net profit forecast by 8.2 per cent to THB34.5bn (US$1.1bn), but is more upbeat about longer-term prospects. "Revival in local confidence, quick disbursement fr... |
Indonesia ranks Vietnam’s top importer over Jan-May 201417 July 2014, Published under Cement NewsIndonesia accounted for the largest share of Vietnam’s exports over the first five months of this year, according to data from the Vietnamese Ministry of Industry and Trade. Indonesia imported 1.27Mt of cement and clinker from Vietnam, representing 12 per cent of sales over the January-May 2014 period. Taiwan ranked second with 581,600t, followed by Malaysia (423,371t), Chile (215,000t), Cambodia (206,473t) and Angola (193,159t). Vietnam’s domestic sales are expected to rise by nine pe... |
Semen Indonesia to build East Java WHR facility16 July 2014, Published under Cement NewsSemen Indonesia is to invest in a IDR638bn (US$54.4m) waste heat power generation facility in East Java as the company looks to reduce costs and move towards more environmentally-friendly energy sources. The country’s leading cement producer is partnering with Japan’s JFE Engineering Corp for the 30.6MW plant, which will supply power to the company’s four lines at Tuban, East Java. The plant is scheduled to be completed by the end of 2016 and is expected to save Semen Indonesia up to 152MkW... |
SCG prepares to launch flagship products to Indonesian market16 July 2014, Published under Cement NewsSiam Cement Group (SCG) is preparing to introduce its three flagship products to the Indonesian market, a country high on the Thai building materials major's agenda as it looks to extend its southeast Asian presence. The three products are SCG’s energy-saving lightweight concrete SCG Smartblock, the quick-to-dry Portland composite cement SCG Cement PCC, and the ready-mixed concrete Jayamix by SCG Super Concrete. The products will be used to serve the Jakarta market initially. SCG Sma... |
Indonesia sales growth slows in first six months14 July 2014, Published under Cement NewsIndonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target. For the six months to the end of June 2014, domestic sales reached 28.9Mt, up 3.9 per cent YoY but well below the full-year growth target of six per cent. According to data from the Indonesian Cement Association (ASI), cement demand on the island of Sulawesi rose at the highest YoY rate of 5.7 per cent YoY to 2.1Mt. Consumption on Java, Ind... |