Cement News tagged under: Indonesia
Indonesia: commission will back Rembang plant21 October 2016, Published under Cement NewsThe state-owned PT Semen Indonesia Rembang cement plant, Central Java, will received the backing from the House of Representatives Commission VI, says its head Teguh Juwarno, following a Supreme Court case review decision in favour of the people of Kendeng mountain, reports the Jakarta Post. "The parliament gives its political support to PT Semen Indonesia in Rembang so it can continue its operation there. We support Semen Indonesia and the State-owned Enterprises Ministry to continue the ... |
Dangote Asian expansion?18 October 2016, Published under Cement NewsAccording to a Ghanaian news source, Dangote Cement is hoping to expand into the Asian market over the next decade. It is reported that the company plans to launch in southeast Asia and Latin America once it is able to consolidate its operations in Africa. Immediate targets for such an expansion are countries such as Nepal, Indonesia, Vietnam and Colombia, according to Armando Martinez Gallegos, director of Dangote’s Ibese plant in Nigeria. Mr Gallegos commented, “Dangote has to first ... |
Indonesia: PT Semen Indonesia looks to alternative fuels to save jobs17 October 2016, Published under Cement NewsCost-saving measures other than staff layoffs are considered more efficient in improving company margins as they are challenged by weak demand, according to corporations and consulting firms quoted in The Jakarta Post. "Our energy-related costs hovered around 60 per cent of overall costs so we prioritised making them more efficient," said Agung Wiharto, corporate secretary of state-owned Semen Indonesia, highlighting energy as the focus of the company’s cost-saving measures. Semen ... |
Semen Indonesia to continue Rembang construction12 October 2016, Published under Cement NewsDespite the decision of Indonesia’s Supreme Court to cancel an environmental permit for Semen Indonesia's Rembang plant, the cement producer will continue the construction of the works. Semen Indonesia's Corporate Secretary, Agung Wiharto, said: "As a publicly-listed state owned company, the management will comply with the legally-binding court decision ...(but,) until we receive the official copy of the ruling, we'll continue construction.” The project represents an investment of ID... |
Indonesia: September figures weaker11 October 2016, Published under Cement NewsDue to a lower demand from the domestic housing industry, Indonesian cement sales for the month of September fell 3.3 per cent to 5.64Mt compared to September of 2015, according to the Indonesian Cement Association (ASI). Cement sales fell in Java, Sumatra and Kalimantan, while eastern parts of the country including Sulawesi, Maluku and Papua saw growth, reports Widodo Santoso, ASI chairman. Java sales amounted to 3.11Mt for the month, a drop of five per cent YoY, Sumatra saw a decline of... |
Indonesia: minister to bring in regulation to stop capex expansion10 October 2016, Published under Cement NewsIn an effort to curb Indonesia’s burgeoning overcapacity, the government has announced that it is working on a regulation banning the issuance of new permits for cement plants, the Jakarta Post reports. “We’ve been talking about the moratorium as well as some other ways to accommodate existing oversupply”, Industry Minister Airlangga Hartarto said. Other sources in government say that the regulation should be issued some time this year. The country saw a slight increase in nationwide cement... |
Semen Indonesia: unsuccessful Holcim (Lanka) bid will not deter from ASEAN expansion29 September 2016, Published under Cement NewsPT Semen Indonesia (Persero) Tbk's director, Rizkan Chandra, has claimed that Siam City's bid for Holcim (Lanka) Ltd was "an outrageous price". Siam City Cement won 99 per cent of the Holcim Lanka shares for US$400m. "We lost the tender in Sri Lanka because Siam City Cement bid an outrageous price," said Mr Chandra to CNN Indonesia. "The price Siam City paid was an anomaly. The lowest price by one of the seven other bidders was US$240m," he explained. The director disclosed that ... |
Indonesia: cement carrier catches on fire29 September 2016, Published under Cement NewsA cement carrier called Divine Success caught fire last Friday while at dock in Port of Tanjung Priok, north Jakarta, Indonesia. After several hours the fire on board of the cement carrier Divine Success was extinguished and the inspectors boarded the vessels to assess the damages and to investigate the cause of the accident. "The fire on board of cement carrier Divine Success occurred at around 18:02 pm, at Pier 115 in Port of Tanjung Priok. The exact cause of the fire will be assess... |
Anhui Conch27 September 2016, Published under Cement NewsAnhui Conch is reportedly interested in acquiring a stake in Pakistan’s Dewan Cement Ltd (DCL), according to local media reports. While DCL denies the reports, a Chinese company, believed to be Anhui Conch, has been exploring investment opportunities in the country. DCL operates two plants – one in southern Pakistan near Karachi and another in northern Pakistan near Kamilpur Hattar Industrial Estate – with a cement and clinker capacity of 2.89Mta and 2.76Mta, respectively. The company cu... |
India: cement industry demand raises coal imports12 September 2016, Published under Cement NewsThe demand for coal with a high calorific value, primarily from the cement sector, combined with the doubling of clean environment cess has resulted in a shift in coal imports into India. Steam coal imports have been declining in the April-June 2016 quarter due to higher output of domestic mines, but the key shift relates to the origin of the imports. While Indonesia has accounted for the majority of coal imports, in the 1Q16-17 import growth of coal sourced from this Asian country has re... |