Cement News tagged under: Indonesia
Semen Indonesia eyes further Asian expansion15 January 2014, Published under Cement NewsFollowing the acquisition of a majority stake in Vietnam-based cement producer Thang Long Cement in 2012, Semen Indonesia is now setting its sights on expanding into Bangladesh as well as completing a deal in Myanmar this year. “We will probably acquire grinding mills in Bangladesh [...] but not this year,” Semen Indonesia corporate secretary Agung Wiharto told the Jakarta Post. Wiharto also said that Semen Indonesia is looking to acquire a cement company or establish a joint venture i... |
Indonesia full-year growth rate decelerates14 January 2014, Published under Cement NewsIndonesian cement sales increased by 5.6 per cent in 2013, less than half the rate of growth of 14.5 per cent the year before, due to slower demand particularly in outer Java. Domestic cement sales for the January-December 2013 period reached 58Mt, according to the latest data from the Indonesian Cement Association (ASI). Including imports sales reached 59.5Mt. In Java, sales growth slowed to 7.7 per cent compared to a 14. 6 per cent increase in 2012. “The growth fell drastically in out... |
PT Semen Indonesia to increase packing capacities13 January 2014, Published under Cement NewsPT Semen Indonesia plans to increase its number of packing plants to 30 over the next two years as part of the company's strategy of reducing logistic costs and bringing its product closer to customers. Indonesia's largest cement producer is set to inaugurate a packing plant in Banjarmasin, South Kalimantan, this month, company secretary, Agung Wiharto, told Antara News. "The presence of Banjarmasin's packing plant that will soon be inaugurated in January 2014, will further strengthen the e... |
Semen Indonesia: upbeat on 2014 outlook10 January 2014, Published under Cement NewsPT Semen Indonesia (Persero) Tbk, the holding company for domestic producers Semen Gresik, Semen Padang and Semen Tonasa and Vietnam-based Thang Long Cement, is upbeat on its outlook for 2014 following a positive performance last year. Total group sales, including exports to the end of November reached 23.41Mt, up 14.6 per cent YoY, the company said in a statement. Exports amounted to 317,560t during the period, a staggering 335.3 per cent YoY increase on the 72,950t traded the year befor... |
Semen Baturaja sets higher 2014 capex07 January 2014, Published under Cement NewsPT Semen Batujara plans to increase capital expenditure for this year by 87 per cent YoY to IDR750bn (US$61.58m), according to reports by the Investor Daily. The investments will be geared towards increasing capacity and financing operating costs. The company plans to build a new factory to boost its capacity from 2Mta to 3.85Mta. The new plant is scheduled to begin operations in the fourth quarter of 2016. Semen Baturaja raised IDR1.3bn from an Initial Public Offering in June and will put... |
Semen Indonesia anticipates double-digit 2014 sales increase03 January 2014, Published under Cement NewsSemen Indonesia expects an 11 per cent sales increase this year as the country’s leading producer enhances its distribution network to better serve expected increases in demand. The company said in a statement that sales might reach 31Mt this year, compared to 27.9Mt in 2013. Dwi Soetjipto, Semen Indonesia president director, said that the company is establishing its packing plants closer to customers to reduce costs and expand its sales network. In addition to 21 packing plants, the comp... |
PT Semen Padang orders new line, Indonesia31 December 2013, Published under Cement NewsPT Semen Padang, part of the Semen Indonesia Group, has ordered a new cement production line with a capacity of 8000tpd from FLSmidth (Denmark), worth EUR40m (DKK 300m), according to a press release from the Danish equipment manufacturer. The plant is located in Indarung, just outside the city of Padang in West Sumatra, Indonesia. The order comprises equipment for the main part of the production line, including a raw mill, coal mill, preheater, kiln, burner, clinker cooler and silo equipme... |
Fajar Group/Taiwanese Indonesian joint venture project30 December 2013, Published under Cement NewsThe Fajar Group is to build a cement factory in Barru, South Sulawesi, in collaboration with a Taiwanese firm, Indonesian press have reported. The 10,000tpd plant will be 80-per cent owned by the undisclosed Taiwanese company, Antara News quoted Fajar Group founder Alwi Hamu as saying. Hamu added that land clearance has been undertaken for the new plant and construction is expected to begin following Indonesia's legislative and presidential elections next year. He said the IDR7trn invest... |
Indonesia: groundbreaking of Bosowa cement port27 December 2013, Published under Cement NewsIndonesia’s Chief Economic Minister, Hatta Rajasa, inaugurated the groundbreaking ceremony for the construction of the Bosowa cement packing terminal and port in Barru, South Sulawesi, on 26 December. The project includes a jetty for clinker shipments, a pier for ships or barges, a pier for small vessels dispatching cement, a cement packing terminal and cement storage facilities. Hatta said the construction of the port and related facilities, a IDR700bn investment, would not only support Bos... |
Bosowa inaugurates Maros cement mill, Indonesia24 December 2013, Published under Cement NewsThe Bosowa Group of Indonesia has inaugurated a 1.8Mta cement mill at its plant in Maros, South Sulawesi, raising the company’s total production capacity to 5.3Mta. The inauguration ceremony for the second mill at Maros was attended by MS Hidayat, Indonesia’s Minister of Industry as well as senior officials of the Bosowa Group. The industrial conglomerate’s cement plants are operated by Semen Bosowa Maros and Semen Bosowa Indonesia, which run cement plants in Maros and Batam, respective... |