Cement News tagged under: Indonesia
Loesche to launch subsidiary in Indonesia18 December 2013, Published under Cement NewsLoesche is to open a new subsidiary in Jakarta, Indonesia, scheduled to be fully operational by 1 January 2014. Indonesia is becoming an increasingly-important market for Loesche with the company having received "a substantial number of new orders for its specialist equipment," the Germany-based equipment supplier said in a statement. "And, with a growing population of mills in the cement and other industries, the company has reached the position where it needs expert staff on-the-spot to... |
Bosowa Corp set to start Banten plant construction, Indonesia17 December 2013, Published under Cement NewsThe Bosowa Corporation said it plans to start construction of a new cement plant in Cilegon, Banten, in the first quarter of next year. Company CEO, Erwin Aksa, told the Jakarta Post that should construction begin in March 2014, operations could commence by the end of 2015. The new facility is expected to serve the surrounding areas, notably Banten, Greater Jakarta and Lumpung, Erwin added. The project is expected to cost an estimated cost of IDR1.5trn (US$123.92m), 70 per cent of which... |
Indocement eyes 6% sales growth in 201410 December 2013, Published under Cement NewsIndocement has set a growth target of six per cent next year on the back of new capacity additions and rising domestic demand. In the first nine months of the year, the company increased total cement and clinker volume by just 0.6 per cent per cent. The Citeureup works is adding 1.9Mta of grinding capacity later this year which will boost total capacity to 20.6Mta. It is further adding 4.4Mta of integrated capacity in 2015 in a brownfield project which started construction in October. Two ... |
Indonesia monthly sales growth picks up05 December 2013, Published under Cement NewsSales in Indonesia increased by 7.9 per cent in October, having experienced slowing growth in recent months. Data from the Indonesian Cement Association shows October sales reached 5.58Mt, rebounding from 5.3 per cent growth in the previous month. The October growth rate was mainly attributed to increased demand from islands other than Java, with a significant rise in consumption registered in Sumatra particularly. Indonesia's second most populous island bought 1.15Mt of cement. Java co... |
Semen Indonesia sets 2014 capex target at IDR6trn28 November 2013, Published under Cement NewsPT Semen Indonesia said it requires IDR6trn (US$508m) capital expenditure for expansion in 2014, the company’s president director has said. Speaking to local media, Dwi Soetjipto, said Indonesia's largest cement producer had between IDR4trn-5trn. “The available capex currently does not include expansion plans in Myanmar and Bangladesh. To do that, we need a total of IDR6trn,” Dwi Soetjipto, said as quoted by Kontan.co.id. Soetjipto added that Indonesia's largest cement producer currentl... |
PT Semen Indonesia announces waste heat project21 November 2013, Published under Cement NewsJFE Engineering Corporation announced that it has started work on a waste heat recovery power generation project for PT Semen Indonesia (Persero) Tbk, the leading state-owned company and the largest cement producer in Indonesia. JFE Engineering has also been entrusted for the feasibility study of the Joint Credit Mechanism (JCM) by the Ministry of the Environment of Japan (MOEJ) on this project. The system, mainly consisting of boilers, a steam turbine and a generator, will be designed a... |
Indonesia cement consumption rises in October18 November 2013, Published under Cement NewsIndonesian cement sales in October 2013 increased 7.9 per cent (YoY) to 5.58Mt, according to data from the Indonesia Cement Association (ASI). Therefore, cement sales picked up further from the 5.3 per cent growth (YoY) in the previous month. The October growth rate was mainly caused by increased cement demand from islands other than Java. In particular, demand from Sumatra rose significantly, the association said. Indonesia's second most-populous island bought 1.15Mt of cement. Despite ... |
PT Semen Indonesia to further boost capacity18 November 2013, Published under Cement NewsPT Semen Indonesia plans to spend up to IDR6trn (US$516.4m) on capital expenditure in 2014, up from this year's IDR3trn, which will be used to build a greenfield cement factory. This will boost production capacity and finance working capital, said corporate secretary Agung Wiharto. Reuters reports that the company will develop plants in Central Java and West Sumatra, and a cement packaging plant worth up to IDR1trn. It expects sales volume of 5.6Mt in the 4Q13 and achieve its 2013 full-y... |
PT Semen Papua set to begin construction of new factory, Indonesia15 November 2013, Published under Cement NewsPT Semen Papua is due to start construction of Papua’s first cement factory, which will be constructed in the Paumako port area of East Mimika. The company, which is owned by the Papua provincial administration, will start construction of the new 0.5Mta plant this year, Adolf Haley, head of the regional development planning board, told ANTARA news. Analysis of the Environmental Impact Assessment have been signed by Papua Governor, Lukas Enembe, he said. |
PT Semen Indonesia nine-month net profit rises 15% YoY30 October 2013, Published under Cement NewsPT Semen Indonesia said Tuesday that its net profit rose 15 per cent YoY to IDR3.91trn (US$353m) during the first nine months of the year. The company recorded revenue of IDR17.39trn during the period, up from IDR13.67trn a year before. |