Cement News tagged under: PT Semen Indonesia

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Semen Indonesia secures loan

04 October 2013, Published under Cement News

State-owned cement producer PT Semen Indonesia (Persero) Tbk has secured a US$100m loan from PT Bank Mandiri Persero Tbk and Standard Chartered Bank with a 5-8 year tenure to refinance its outstanding debt, said CEO Dwi Soetjipto in Bisnis Indonesia. The firm also seeks loan totalling US$150m to partly fund its US$200me expansion in Myanmar.

Thang Long Cement launches new product, Vietnam

16 August 2013, Published under Cement News

Thang Long Cement has launched a new cement product onto the market for large-scale construction projects, folllowing R&D carried out under the supervision of holding company, Semen Indonesia. The PC50 type cement, produced at the company’s Quang Ninh Factory, is designed for buildings with high specifications, or special concrete used for large projects such as bridges, roads, hydroelectric projects, construction of reinforced concrete and concrete construction with high compressive streng...

Indonesia's largest cement producer records 14.7% sales increase

14 June 2013, Published under Cement News

PT Semen Indonesia (Persero) recorded a 14.7 per cent increase in cement sales last year, exceeding the country's average increase of 14.5 per cent and representing a 44 per cent market share. Semen Indonesia is the country's largest cement producer with production units in Gresik, West Sumatra and South Sulawesi, Indonesian news agency ANTARA reported. Rudi Hartono, head of Semen Indonesia's marketing department, said the state company sold 22.5Mt of cement in 2012, up from 19.6Mt in ...

Indonesia: cement sales up in Kalimantan

12 June 2013, Published under Cement News

Cement sales of PT Semen Indonesia in Kalimantan rose 11.4 per cent in the period of January to April reaching 1.47Mt. The growth is the third biggest nationally, company spokesman Muhammad Helmi said to newsmen on Tuesday. "The highest sales growth is recorded in Nusa Tenggara regions by around 23.1 per cent  followed by Papua-Maluku regions by 14 per cent," he said. He stated that the cement market in Kalimantan still has plenty of potential and continued to grow in line with increasing...

Semen Indonesia targets 50% share of Papua market

29 May 2013, Published under Cement News

PT Semen Indonesia is targeting a 50 per cent share in the Papuan cement market following the company's decision to build a packing plant in the coastal city of Sorong, West Papua, last year. "We will maximise the utilisation of the packing plant," the company’s head of marketing development, Rudi Hartono, said the target is said after a company-held infrastructure seminar in Sorong yesterday. Rudi said that the packing plant with 300,000t capacity will push Semen Indonesia's demand in ...

Indonesia cement sales rise 8.6%, Jan-Apr 2013

16 May 2013, Published under Cement News

Indonesian cement sales increased by 8.6 per cent in the four months to the end of April 2013, the latest data from the Indonesian Cement Association (ASI) reveals. Sales for the January-April 2013 period reached 18.12Mt compared to 16.68Mt in the same period of last year. In April 2013 alone, sales also increased by 8.6 per cent to 4.54Mt in April from 4.18Mt in April 2012. The April sales growth showed an improvement on March's rate when sales only advanced by 3.5 per cent – the slowest...

Semen Indonesia to begin Myanmar construction next year

26 March 2013, Published under Cement News

PT Semen Indonesia is set to start construction of a new plant in Myanmar next year as part of the country's regional expansion drive. Citing the company’s president director Dwi Soetjipto, the Jakarta Post reported that operations at the 1Mta would begin in 2017. The plant would mainly serve the growing market of Myanmar which is modernising its economy after decades of military rule. Domestic cement consumption, which in 2012 is expected to have increased by 16.7 per cent to 7Mt, is ...

PT Semen Gresik officially changes name, Semen Kupang takeover recommended

09 January 2013, Published under Cement News

PT Semen Gresik has officially changed its name to PT Semen Indonesia and is being urged by the government to take majority ownership of state-owned cement producer Semen Kupang, The company’s corporate name change to PT Semen Indonesia was officially marked during an inauguration ceremony in the presence of State-owned Enterprises Minister Dahlan Iskan and attended by PT Semen Indonesia vice president Dwi Soetjipto. “We must become a regional champion. This company should become In...