Cement News tagged under: Indonesia
LH Merger: LatAm, Asia, Africa07 July 2014, Published under Cement NewsThe Lafarge Holcim merger is being viewed as a good geographical fit in emerging markets given Lafarge’s strong presence in the Middle East and Africa, and Holcim’s significant exposure to Latin America and the Asia-Pacific region. However, regional overlaps in certain key markets are likely lead to the expected disposal of assets. Latin America Moves to address anti-trust concerns already appear to be underway with Lafarge last month confirming the sale of its cement operations in Ec... |
PT Holcim Indonesia officially launches production at Tuban I18 June 2014, Published under Cement NewsPT Holcim Indonesia Tbk officially announced its first cement production from Line 1 at its Tuban plant on 17 June 2014, adding 1.7Mta to the company’s total production capacity. The inauguration ceremony was attended by the Board of Directors and a number of key customers and distributors. In his opening address, Holcim Indonesia CEO, Eamon Ginley said: “The demand for Holcim products increased and has continued in 2014. This new capacity positions Holcim Indonesia in a very fav... |
Recovery in Indonesian monthly cement sales growth12 June 2014, Published under Cement NewsIndonesian cement sales growth picked up pace during May following a slowdown during the month before on the back of legislative elections. Last month cement sales advanced by 7.7 per cent to 5.2Mt, latest data from the Indonesia Cement Association shows. This follows just a 0.4 per cent increase in April before as elections led to projects being put on hold. Cement sales in May increased in most regions with the exception of Maluku, Papua (-4.7 per cent YoY) and Nusa Tenggara (-13 per ... |
Semen Indonesia provides loan to Gresik, Indonesia12 June 2014, Published under Cement NewsSemen Indonesia is to provide a IDR5trn loan (US$421.76m) to subsidiary Semen Gresik to partly finance the latter’s new cement plant in Central Java, according to an announcement posted on the Indonesia Stock Exchange. The loan agreement, which amounts to IDR5.07trn when taking interest into account, was signed on Monday. Semen Gresik is constructing an 8000tpd greenfield works situated just outside the city of Rembang in the northeastern part of central Java. The new factory is expecte... |
Claudius Peters to supply Indarung VI project, Indonesia05 June 2014, Published under Cement NewsClaudius Peters Projects has been awarded a contract from PT Semen Padang, part of Semen Indonesia, to supply two new cement storage silos for the cement producer's new Indarung VI project. The scope of supply comprises two storage silos type IC with Inspection chamber, each with a diameter of 20m and a volume of 9000m³. The two silos are to be placed on two rail tracks in line with four existing and well proven Claudius Peters IC Silos, which were supplied in the 1990’s. From each silo, th... |
Padang begins construction of Indarung VI28 May 2014, Published under Cement NewsPT Semen Padang, part of the Semen Indonesia group of companies, has launched construction of Line No 6 at its plant in Indarung, just outside the city of Padang in West Sumatra, Indonesia. The new 8000tpd line, the main contract for which was awarded to FLSmdith in December last year, is expected to commence operations in the second half of 2016. State-Owned Enterprises Minister Dahlan Iskan, West Sumatra Governor Irwan Prayitno, PT Semen Indonesia CEO Dwi Soetjipto and PT Semen Padang C... |
PT Holcim Indonesia seeks US$175m loan26 May 2014, Published under Cement NewsPT Holcim Indonesia is seeking US$175m syndicated loan this year to pay debt and finance working capital, according to finance director Kent Carson. The company's debt maturing in November this year amounts to IDR1.15trn (US$99m), Carson added. |
PT Loesche Indonesia service hub officially inaugurated15 May 2014, Published under Cement NewsLoesche has officially opened its new service hub in Jakarta, Indonesia, with an introductory seminar and inauguration ceremony for invited customers and potential business partners. PT Loesche Indonesia has been in full operation since January 2014. This country unit focuses on plant modernisation and spare part supply, as well as on-site support with all kinds of services for audits, maintenance, installation, and commissioning activities for the entire Indonesia region. To introduce del... |
Indocement outlines 2014 capex14 May 2014, Published under Cement NewsPT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, plans to spend between IDR4.5trn (US$390.07m) and IDR5trn in capital expenditure this year, up from last year's IDR2.1trn, Reuters cited company Finance Director Tju Lee Sukanto as saying. Indonesia’s second-largest cement producer commissioned an additional 1.9Mta of grinding capacity during the first quarter of this year. A further 4.4Mta will come on-stream in 2015, with two 2.5Mta greenfield works being planned for 20... |
Indonesian monthly cement sales contract12 May 2014, Published under Cement NewsCement sales in Indonesia declined 0.4 per cent YoY in April to 4.52Mt, according to data from the Indonesia Cement Association (ASI). Speaking to local press, Widodo Santoso, chairman of the ASI, said: “Demand for building material was low throughout the legislative campaigns, which is why cement sales were down last month. Figures for the sales of cement have declined throughout the archipelago. Sales in Sumatra dropped by four per cent to 934,000t, Kalimantan saw an 8.7 percent d... |