Cement News tagged under: Indonesia
Protests again Semen Indonesia plant06 December 2016, Published under Cement NewsApproximately 300 people from Rembang, Central Java, have marched 150km in protest of the construction of a cement plant in the area by state-owned Semen Indonesia. The march was undertaken in a bid to force Central Java Governor, Ganjar Pranowo, to revoke the environmental permit issued to Semen Indonesia for the project in 2012. |
Semen Indonesia01 December 2016, Published under Cement NewsDespite the government’s commitment to infrastructure development and low-income housing programmes, poor cement demand caused a 3.3 per cent YoY contraction in Indonesian cement sales in September 2016. According to the Indonesian Cement Association (ASI), domestic sales fell to 5.64Mt with a decline being seen in all regions except Sulawesi (+6.8 per cent) and Maluku and Papua (+10 per cent). These latest figures take total sales for January-September to 44.71Mt, up 2.95 per cent compared ... |
PT Indocement01 December 2016, Published under Cement NewsPT Indocement has inaugurated its new Tiga Roda cement plant in Bogor District, West Java, boosting the company’s domestic production capacity to 24.9Mta. The new plant, P14, has an installed capacity of 4.4Mta and boasts the world’s largest packing and dispatch centre capable of handling 360,000 bags per day. Costing IDR5.6trn (US$429m), funded entirely from internal cash, the new plant has taken three years to build. The news comes as the company announces a 12 per cent contraction i... |
Indonesia: Semen Baturaja plant due online in 201715 November 2016, Published under Cement NewsPresident of PT Semen Baturaja, Pamudji Rahardjo, announced that the state company would bring its second cement plant online next year. The Baturaja II plant is currently under construction with a planned production capacity of 1.85Mta. The new plant represents a IDR3.4tn (US$254.5m) investment. The funds will be raised partly (IDR1.27tn) via initial public offering, IDR1.3tn in loans and the rest put up by the company. "Currently we are facing weak demand in the country’s cement mark... |
PT Semen Indonesia domestic sales down 6%, export more than double11 November 2016, Published under Cement NewsPT Semen Indonesia’s domestic cement sales dropped six per cent YoY to 2.55Mt in October from 2.71Mt. However, the company saw its export sales rise from 28,302t in October 2015 to 62,829t one year later. For the first 10 months of 2016, domestic sales edged up from 20.93Mt in 10M15 to 21.19Mt. Cement exports rose 15.2 per cent YoY from 419,767t to 483,745t. |
PT Indocement sees 12% drop in 9M16 sales01 November 2016, Published under Cement NewsIn the first nine months of 2016, Indonesia’s PT Indocement Tunggal Prakarsa noted a 12 per cent YoY fall in sales to IDR11.3trn (US$866m). The company’s net profit of the period slipped 2.2 per cent to IDR3.15trn while the cost of sales was down 7.2 per cent YoY to IDR6.6trn. |
Indonesia: Holcim Indonesia reports 5.3% growth in 9M1601 November 2016, Published under Cement NewsPublicly-listed Holcim Indonesia reported 5.3 per cent sales growth YoY to IDR6.91trn (US$530m) in the first nine months of 2016. The company attributed the performance to a 10.4 per cent increase in its cement sales volume to 6.2Mt. Domestic sales growth stood at less than three percent, with total sales at 44.7Mt. However, as prices remained under pressure, the company continued to note losses, albeit on a smaller scale than in 9M15. Holcim’s net losses in 9M16 fell to IDR160bn from I... |
Indonesia: Semen Baturaja 9M16 net profit down 34% YoY01 November 2016, Published under Cement NewsPT Semen Baturaja announced a near-34 per cent fall in January-September 2016 net profit from 9M15 to IDR174.74bn (US$13.4m) from IDR264.66bn. The drop in net profit was attributed to the rise in the cost of goods at a time when revenues increased only marginally. Revenues in the first nine months of 2016 edged up to IDR1.04trn from IDR1.03trn in 9M15. |
Indonesia: 8% growth predicted for 2017 consumption24 October 2016, Published under Cement NewsAccording to the Chairman of the Indonesian Cement Association (ASI), Widodo Santoso, national cement consumption is expected to grow by 8.04 per cent in 2017, reaching 68Mt. The growth is expected to come as a result of steady overall growth and higher demand for building materials for public projects. Demand is forecast to reach 62.94Mt, a 4.14 per cent increase YoY in 2016. Mr Santoso commented on the predicted growth, saying, “We expect the government-initiated projects, like the one-... |
Indonesia: new Indocement plant commissioned21 October 2016, Published under Cement NewsIndonesia’s Minister of Industry, Erlangga Hartarto has commissioned a new cement plant of PT Indocement Tunggal Prakarsa Tbk in Cileungsi, Bogor District, West Java. "The government appreciates the use of high technology in the new factory, with an annual production capacity of 4.4Mt,” the minister said. The unit represents an investment of IDR5.6tn, a reflection of the country’s attractiveness to investors, he added. Mr Erlangga said Indonesia produces 60Mta of cement with an insta... |