Cement News tagged under: Indonesia
New South Sulawesi cement plant planned, Indonesia31 August 2012, Published under Cement NewsA new cement plant is being planed in Barru, South Sulawesi involving an investment of US$400m, according to executive director of the PT Fajar Semen Baru project, James Martin. According to Indonesian press reports, the venture will involve participation from two cement companies in German and Taiwan and funding is to be sourced from a local consortium of banks. The cement plant is slated to have a capacity of 3.3Mta and, once operational, will serve eastern Indonesia. |
Thang Long Cement plans to increase exports, Vietnam29 August 2012, Published under Cement NewsVietnam-based producer Thang Long Cement JSC plans to double monthly cement exports to Cambodia from its Hiep Phuoc grinding plant to 10,000 due to increased demand in the neighbouring market. Since the start of this year, the company has shipped around 5000t and 2000t of cement to Cambodia and Indonesia, respectively from the grinding facility, according to the company’s director Mai Anh Tai. Thang Long Cement plans to export around a further 150,000t of cement to these two markets betwe... |
Property boosts Indonesian cement demand23 August 2012, Published under Cement NewsFuelled by rising housing demand and subsequent property development, Indonesia saw cement sales increase 12% through the first seven months of the year, according to the Indonesian Cement Association (ASI). Cement consumption rose to 30.86Mt in the January-July period, from 27.54Mt in the same period last year, said Widodo Santoso, ASI chairman. “Housing loans have spurred the development of housing and real estate development in Indonesia,” Widodo said last week. Industry analyst... |
Indocement gears up to meet rising demand, Indonesia16 August 2012, Published under Cement NewsPT Indocement Tunggal Prakarsa has said it will continue to raise capacity to meet increasing domestic demand with three new factories planned to come on-stream by 2016. The new facilities are to be built in Citereup (West Java), Pati (Central Java) and another outside Java. Construction of the Citereup factory, which will have a capacity of 4.4Mta, will start construction before the end of this year and be completed in 2015. An environmental impact assessment is still being carried out... |
Indonesia’s July sales rise 9.9 per cent13 August 2012, Published under Cement NewsIndonesia's domestic cement sales rose 9.9 per cent in July from a year ago, up from 9.5 per cent in June, data from the country's biggest cement firm PT Semen Gresik Tbk showed on Monday. Southeast Asia's biggest economy consumed more than 4.8Mt of cement in July, up 7.2 per cent on a monthly basis. The Moluccas islands and Papua led July growth at 51.1 per cent, while main islands Java and Sumatra led sales volumes. July cement sales volume was boosted by additional supply from... |
Semen Gresik plans name change to raise its profile, Indonesia03 August 2012, Published under Cement NewsState Enterprises Minister Dahlan Iskan said Indonesian state-owned Semen Gresik is set to change its name to Semen Indonesia in a bid to raise the company’s international profile. The change is subject to approval by shareholders expected October or November this year, the minister said on Tuesday. Once the change becomes official, Dwi Doetjipto, president director of Semen Gresik, will become chief executive of Semen Indonesia. Dahlan said President Susilo Bambang Yudhoyono of Indone... |
Semen Gresik new plant construction01 August 2012, Published under Cement NewsIndonesia state-owned producer PT Semen Gresik is expected to start construction of two new cement plants at home and away in the second half of 2012 and first half of 2013, respectively. Construction on Semen Gresik’s 2.3Mta Rembang plant in Indonesia will start at the end of this year, State-Owned Enterprise Minister Dahlan Iskan said on Tuesday. “The construction of the Rembang cement factory will start by the end of this year, after the establishment of Holding Cement Indonesia,” h... |
Gresik first-half net profit rises, Indonesia27 July 2012, Published under Cement NewsPT Semen Gresik said Friday its first-half net profit rose 12% to IDR2.10trn (US$221m) from IDR1.87 trillion a year earlier. Revenue for the January-June period rose to IDR8.66trn from IDR7.61trn a year earlier. Its assets totaled IDR22.28trn as of June 30, compared with IDR19.66trn a year earlier. |
Siam Cement plans Indonesian investment26 July 2012, Published under Cement NewsSiam Cement PCL, Thailand's largest conglomerate, has announced plans to invest around THB10bn (US$315m) to build a cement plant in Indonesia, President and Chief Executive Kan Trakulhoon said Wednesday. The planned investment is part of the company's five-year investment budget worth around THB200bn, Fox Business Reports, which is due to be proposed to the company's board for consideration in August, he said. |
Gresik market share slips, Indonesia23 July 2012, Published under Cement NewsPT Semen Gresik has lost market share in the first half of this year due to production growth being slower than increases in Indonesian consumption. In the first half of the year, state-owned Gresik sold 10.3Mt of cement, up 12 per cent YoY, and accounting for 39.7 per cent of Indonesia’s total cement sales. However, in the first half of last year, Gresik had a 40.7 per cent market share with sales of 9.2Mt. Total domestic cement consumption, meanwhile, increased 15 per cent to 25.8Mt, a... |