Cement News tagged under: Indonesia
Indonesia cement demand up 9.9% in January 201820 February 2018, Published under Cement NewsIndonesia's cement consumption rose 9.9 per cent YoY to 5.68Mt in January 2018. The growth of demand is being attributed to rising cement demand on the back of the government-led infrastructure development programmes, particularly the construction of toll roads. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said cement consumption rose at similar levels across the country. Highest growth was reported on Sumatra, traditionally the second-biggest cement-consuming isl... |
Pulau Baai packaging plant will increase PT Semen Padang's cement sales19 February 2018, Published under Cement NewsA new packaging plant in the port of Pulau Baai, due to come on-stream later this year, has led PT Semen Padang to target cement sales of 442,100t in 2018. The new packing plant in the provincial city of Bengkulu "will guarantee good quality and availability of supply throughout the year of 2018," said Nur Anita Rahmawati, public relation head of PT Semen Padang. "In 2017, Semen Padang dominated the cement market in Bengkulu, and we believe the market share could still be increased in ... |
Indocement to commission terminal26 January 2018, Published under Cement NewsIndocement Tunggal Prakarsa expects to complete construction of its new cement terminal in Palembang in the first quarter of 2018, according to Indonesia Investments. The terminal will have a 1Mta capacity once the project is commissioned in March. In December 2017, Indocement began production at its 4.4Mta plant in Citeureup, West Java, bringing the company’s total capacity to 25Mta. However, the facility is only expected to utilise 75 per cent of its capacity due to the current oversupp... |
Semen Indonesia25 January 2018, Published under Cement NewsSemen Indonesia has recorded a 10.2 per cent YoY increase in sales volumes to 15.34Mt in 2017, compared to 13.92Mt the previous year, according to data from the Indonesian Cement Association. December alone saw volumes jump 13.5 per cent to 1.31Mt, versus 1.16Mt in December 2016. Total domestic sales volumes for the company, including Semen Padang and Semen Tonasa, came in at 27.1Mt in 2017, 5.5 per cent up on the 25.68Mt reported in the previous year. Exports also grew with Semen Padang ... |
PT Indocement25 January 2018, Published under Cement NewsPT Indocement closed 2017 by being awarded Green Industry Level 5 status for all three of its factories for the third time in a row. The Green Industry Award is given by the Indonesian government in recognition of efforts made by the industrial sector to prioritise the efficient and effective use of sustainable resources in its production processes. Indonesia’s cement producers continue to face the challenges of increased competition and domestic oversupply. Despite this, 2017 produced so... |
Indonesia’s state-owned cement companies to increase efficiency24 January 2018, Published under Cement NewsState-owned cement producers in Indonesia have announced that they will continue with efficiency measures to improve their bottom line amid increasing competition and domestic oversupply. The country’s largest producer, PT Semen Indonesia, will pursue a more efficient production process this year following last year’s fall in profit, said the company’s President Director, Hendi Priyo Santoso. "We will control what we can control, such as our internal resources, to be more efficient," ... |
BDI rallies on back of coal demand20 December 2017, Published under Cement NewsFreight rates in the dry bulk sector are rising on the back of a commodity boom. By the end of November 2017, the Baltic Dry Index (BDI) had improved by 45 per cent so far that year, coming in at over 1470 points in the closing week of the month. According to brokers, the late rise in dry bulk freight rates has been driven by renewed demand for coal in China and India. Some of this trend may be due to the Indian government’s potential extension of its petcoke ban forcing the country’s cement... |
Siam Cement Group plans to diversify products20 December 2017, Published under Cement NewsSiam Cement Group (SCG) plans to diversify its products next year, according to the Jakarta Post. The company hopes to become more competitive in the market by applying technology and innovation to its products. “We want to compete by [introducing] more products and services,” said Nantapong Chantrakul, SCG country director for Indonesia. SCG has recently supplied construction materials for several large-scale projects in South Sumatra, such as new toll roads and a 2018 Asian Games st... |
Indonesian cement demand up 13% in October06 December 2017, Published under Cement NewsThe Indonesia cement market expanded 12.5 per cent YoY to 6.754Mt in October 2017, according to data from the Indonesian Cement Association (ASI). The key market of Java reported a 17 per cent increase with local demand rising from 3.202Mt in October 2016 to 3.745Mt one year later with growth particularly robust in Banten, West and Central Java. Indonesia’s second-largest market, Sumatra, saw demand increase by 7.8 per cent YoY to 1.494Mt. Kalimantan’s cement consumption advanced by ... |
Anhui Conch to resume Indonesian project with US$240m credit27 November 2017, Published under Cement NewsAnhui Conch Cement has issued guarantees for loans likely to include US$90m facility provided by the company’s Indonesian branch, according to Anhui Conch investor relations. This is in addition to the 10-year US$151.5m loan applied for by its subsidiary Pabrik Semen China Conch from the Export-Import Bank of China (EIBC) in support of the planned resumption of the development of Pabrik Semen China Conch in Inobonto, North Sulawesi. The project, which the Chinese cement producer initiated... |