Cement News tagged under: Semen Baturaja
Successful start-up for Indonesia Baturaja EPC project02 July 2015, Published under Cement NewsSemen Baturaja's 5000tpd clinker line, contracted to Sinoma-TCDRI, was successfully started up on 28 May 2015. The project is located in the Baturaja area of Sumatra, adjacent to the existing production line. On 2 April 2015, Sinoma-TCDRI signed another EPC contract for another 5000tpd clinker production line for Semen Baturaja Persero TBK in the Indonesian capital Jakarta. At present, the projects under construction for Sinoma-TCDRI in Indonesia are including: a 10,000tpd line for Heidel... |
TCDRI signs contract for Semen Baturaja 5000tpd project24 June 2015, Published under Cement NewsTCDRI and PT Semen Baturaja Persero TBK have signed an EPC contract for a 5000tpd clinker and cement production line project in Indonesia. State-owned Semen Baturaja currently owns one integrated works line and two cement grinding stations in Indonesia. The new project is located in Baturaja, Sumatra, close to the company's existing production line. Present at the signing ceremony were Liu Zhijiang, Board chairman of Sinoma Group, Song Shoushun, Board chairman of Sinoma, Sui Mingjie, gen... |
Semen Baturaja full-year profit advances 5%10 March 2015, Published under Cement NewsState-owned cement producer PT Semen Baturaja Tbk reported a five per cent increase in net profit to IDR328.336bn (US$25m) in 2014 from IDR312.184bn in the previous year. Operating income rose four per cent YoY IDR1.215trn in 2014. Company`s president director Pamudji Rahardjo said the 2014-2017 period will be important for Indonesia given the implementation of the government's Master Plan of Acceleration and Expansion of Indonesian Economic development especially in the infrastructure sect... |
Semen Baturaja reports January sales decline13 February 2015, Published under Cement NewsState-owned cement producer Semen Baturaja recorded a 9.7 per cent decline in January sales volumes, due to increased rainfall and weakening commodity prices which resulted in property and infrastructure developments being delayed. "Until the end of January of this year, we managed to sell 90,764t valued at IDR87.552bn," corporate secretary Zulfikri Subli told local press. However, the company expects sales volume to rise in the following months, bringing total sales this year to incre... |
Semen Baturaja on course to meet 2016 production target, Indonesia08 January 2015, Published under Cement NewsPT Semen Baturaja is on course to achieve its production target of 3.6Mt in 2016 to help meet increasing demand in South Sumatra and neighbouring regions. The state-owned Indonesian company is seeking to expand its production capacity and build a number of new production facilities to meet the target, company’s chief spokesman Sahadi told local press. He said the company has optimize the capacity of its three factories, which are located in Palembang and Baturaja in South Sumatra and in... |
Baturaja to part-finance new plant with bank loan24 November 2014, Published under Cement NewsIndonesia’s state-controlled cement producer PT Semen Baturaja plans to get IDR700-800bn (US$57.7-65.9m) in bank loans to finance its new IDR2.9tn plant in South Sumatra. The company intends to start construction of the 1.85Mta plant early next year with commissioning scheduled for 2018. In 9M14, Semen Baturaja posted sales of 853,089t and the company forecasts volumes of 1.31Mt for the year, up four per cent YoY. |
Semen Baturaja sales up 24% in first three months18 April 2014, Published under Cement NewsIndonesian state-owned cement maker PT Semen Baturaja's first-quarter sales rose 24 per cent to 305,000t from a year earlier. The cement producer has also opened a new cement mill with a capacity of 750,000tpa, according to a report from Kresna Securities. Baturaja said it plans to join fellow Indonesian manufactures on the Indonesia Stock Exchange and “may go public in the next two years,” Sadikin Aksa, managing director of Bosowa Corp told the Jakarta Globe last week. |
Semen Baturaja to distribute dividend, Indonesia25 March 2014, Published under Cement NewsSemen Baturaja will distribute a IDR78.04 dividend, or 25 per cent of last year’s net profit of IDR312.18bn (US$27.4m) Pamudji Raharjo, president director of the publicly-listed company, said the government will have a share of IDR59.5bn (or 76.24 per cent of the dividend) and the investing public will have around IDR18.5bn). The remaining part of the net profit will be used as a reserve fund to support Semen Baturaja’s expansion, Pamudji added. This year, the company targets a 12.17 pe... |
Semen Baturaja expects higher 3Q output and sales23 September 2013, Published under Cement NewsPT Semen Baturaja anticipates third-quarter 2013 production and sales to rise by 14 and seven per cent YoY, respectively, but full-year sales are expected to fall short of an earlier target. The company’s corporate secretary, Zulkifri Subli, told local press that the company expects output to increase to 337,429t from a year earlier and dispatches to rise to 321,235t. However, full year sales are forecast to reach 1.37Mt, down from an earlier target of 1.5Mt due to slower sales in the f... |
Semen Baturaja raises investment spend20 September 2013, Published under Cement NewsSemen Baturaja is having to increase investment for its new cement plant in South Sumatra to IDR2.9m (US$253m) from the original IDR2.6trn as the weaker rupiah has raised the cost of imported equipment. “According to our assessments, there will be additional costs of between IDR200bn-300bn due to exchange rate changes, as we have to import machines, Zulfikri Subli, corporate secretary of Semen Baturaja, told the Jakarta Globe. Mr Subli said equipment accounts for between 40-50 per cent of ... |