Cement News tagged under: Indonesia
Semen Indonesia set to start construction of new Rembang plant18 February 2013, Published under Cement NewsSemen Indonesia is set to start construction of a new 2.5Mta cement factory in Rembang, Central Java, according to local press reports. “The construction of the plant will be started in the first quarter of 2013 and will go on until the first quarter of 2016,” Dwi Soetjipto told local news portal Liputan 6.com which was later reprinted in the Jakarta Globe. According to Dwi, the civil work, installation of equipment as well as electrical systems will be carried out by domestic contract... |
Semen Indonesia inaugurates Papua packing plant29 January 2013, Published under Cement NewsSemen Indonesia (formerly Gresik) has inaugurated a new packing plant in West Papua, Indonesia. Situated in Sorong and involving an investment of IDR162trn, the new terminal has a capacity of 2200 bags per hour with a cement bulk capacity of 120tpa. The plant is supported by a jetty capable of handling vessels of 10,000dwt. “This will further strengthen the company's existence and business expansion in Papua. This is part of our strategy to get closer to consumers”, the company said in a... |
Bosowa breaks ground on new plant25 January 2013, Published under Cement NewsThe Bosowa Group has kicked off construction of a clinker grinding plant in Sorong, northern cost of Papua, Indonesia, with a groundbreaking ceremony. The new plant will have a capacity of 0.75Mta and is scheduled to be operational by January 2014, according to Bosowa chief Erwin Aksa. The plant will be operated by Bosowa subsidiary Bosowa Sorong, and the output will be sold to consumers in provinces in Papua and Maluku. Cement consumption on the island of Papua is around 0.9Mta with p... |
Indonesia sales forecast to see double-digit growth hat-trick18 January 2013, Published under Cement NewsIndonesian cement consumption is expected to continue its strong growth trajectory and rise by double-digits for the third year in a row, according to estimates by local analysts. “We’ve seen two years of two digit growth. This year, the cement market remains positive because demand remains strong, particularly in ongoing infrastructure projects,” said Gifar Indra Sakti, an analyst with PT Sucorinvest Central Gani said. Cement demand rose by 17.7 and 14.5 per cent in 2011 and 2012, res... |
Sinoma awarded contract for new Indonesian line14 January 2013, Published under Cement NewsSinoma International Engineering and Indonesian producer PT Cemindo Gemilang have entered into an operation contract for a new clinker line at cement plant in Banten Province, Indonesia. Under the contract worth US$350.1m, Sinoma International will provide a supply chain of a cement plant manufacturing sections and services to PT Cemindo Gemilang for its Bayah cement plant, at the centre of which will be a 10,000tpd clinker line. The Ganda Group acquired the Semen Kupang Cement (SKC) p... |
Gresik achieves record production in 201204 January 2013, Published under Cement NewsState-owned Indonesian cement producer PT Semen Gresik achieved record production last year and targets further increases this year, according to a senior member of the company. Cement production rose 18 per cent in 2012 to 22.6Mt and revenue is expected to hit IDR19trn (US$2bn). “We hit a record in terms of production,” said the company’s president director Dwi Soetjipto in Gresik early this week. Revenue reached IDR18.43trn in the first nine months of 2012 and net income was IDR4.55... |
Holcim04 January 2013, Published under Cement NewsThe Holcim associate Siam City Cement is to re-commission the two kilns that have been idle since 2008. One of the kilns will be fired again in October 2013, boosting active capacity by 1.4Mta. The second kiln will be re-lit some time during 2014. With all six kilns in operation, Siam City will have a capacity of 12.5Mta of clinker and 14Mta of cement. Siam City Cement is also contemplating building an integrated cement works in Cambodia, where it currently has a 49 per cent market share. A... |
Further double-digit gains forecast for Indonesian demand03 January 2013, Published under Cement NewsIndonesian cement consumption is expected to rise between 10-12 per cent in 2013, driven by developments in the property and infrastructure sector, according to estimates by the Indonesian Cement Association (ASI). Cement demand last year is expected to have increased by 14.5 per cent to 55Mt. The ASI is optimistic that this high growth trajectory can be sustained this year thanks in part to the economic development master plan (MP3EI). “The domestic cement consumption is still high, ... |
Semen Gresik sets US$400m for 2013 capex02 January 2013, Published under Cement NewsIndonesia’s largest cement producer PT Semen Gresik has set US$400m in capital expenditure for its corporate business activities, according to its president Dwi Soetjipto. "The expenditure will be used to carry out a number of corporate business activities such as continuing the company`s transformation into a holding firm, namely PT Semen Indonesia Tbk," Mr Soetjipto, told reporters. He said that the other corporate activities included the integration of Thang Long, a Vietnamese firm i... |
Holcim Indonesia agrees to higher royalty payout02 January 2013, Published under Cement NewsPT Holcim Indonesia has increased the royalty to its parent company – a move that has surprised some analysts and caused the cement producer to plunge the most in four years in Jakarta trading. Holcim Indonesia slumped 17 per cent to IDR2900 on 28 December 2012, the steepest decline since October 2008 and the biggest drag on the benchmark Jakarta Composite Index, according to reports by Bloomberg. The company, based in Jakarta, signed a royalty agreement with Holcim Technology Ltd on 2... |