Cement News tagged under: Indonesia
Holcim Indonesia sees sales volume grow by 21.1% in 1H1609 September 2016, Published under Cement NewsPT Holcim Indonesia Tbk, part of the LafargeHolcim Group, noted that domestic sale prices of cement dipped 17 per cent in 1H16, but the company still achieved 11.5 per cent increase in sales revenues to IDR4.8tn (US$3.66m) and a 10 per cent improvement in absolute gross profit. This price erosion is expected to continue, the company said. An enlarged operation which includes Lhoknga cement plant in Aceh, acquired in February 2016, supported the company's sales volume growth up by 21.1 per ... |
SDIC new projects in Indonesia08 September 2016, Published under Cement NewsState Development & Investment Corp (SDIC), China’s largest State-owned investment holding company by fund volume, has plans to expand its investment portfolio over the next five years, from cement factories to power plants, nickel ore mines and ports in Indonesia. The company recently began construction of the first phase of a new cement plant in West Papua last week, a 16-month project which represents a US$329m investment and aims to achieve a production capacity of 1.5Mta following co... |
Consolidated Gold Holdings enters JV to acquire plant07 September 2016, Published under Cement NewsConsolidated Gold Holdings announced it has entered into a preliminary agreement to form a joint venture with a major Asian industrial and mining group to supply and distribute cement throughout the Philippines and Indonesia. The joint venture will include the acquisition of an existing 1Mta cement plant in the Philippines, which will be used to grind and process clinker imported from China and Vietnam. Product will then be shipped to the Northern Sulawesi Province in Indonesia for packag... |
Indonesian cement exports expected to grow 50%30 August 2016, Published under Cement NewsIndonesia's cement and clinker exports are forecast to reach 1.5Mt in 2016, a 50 per cent increase when compared with the export volume of the previous year. In the seven months to July, exports had already noted a 63 per cent YoY increase. Indonesia exported 833,000t of cement and clinker in January-July, according to the Indonesia Cement Association (ASI). Around 509,000t of this was clinker while the remainder consisted of bulk cement. The news is particularly welcome for the countr... |
Indonesia: Chinese plant begins production in West Papua30 August 2016, Published under Cement NewsA new cement plant funded by China’s State Development and Investment Corporation (SDIC) has begun operations in the Indonesian state of West Papua, China Daily reports. The 1.5Mta plant was designed by Anhui Conch and forms part of SDIC’s wider investment strategy in Indonesia. The plant was built at a cost of CNY2.2bn (US$329m) over a 16-month period. Li Bing, vice president of SDIC, said: "Restrained by weak industrial and logistics foundations in certain parts of Southeast Asia, ma... |
Indonesia: July cement demand up slightly, stronger growth anticipated24 August 2016, Published under Cement NewsAccording to figures released by the Indonesian Cement Association (ASI), cement demand in July was up slightly YoY, despite falling by 29 per cent compared to June, Indonesian Investments reports. Taken as a whole, the first seven months of 2016 have seen consumption rise by four per cent above the same period in 2015. However, demand remains below that recorded in 2014. The industry’s failure to regain its previous peak has been partly attributed to the government’s slow pace of spen... |
Know your raw materials22 August 2016, Published under Cement NewsStackers and reclaimers play a large part in achieving the reliability that helps deliver a constant supply of homogenised raw materials to the mills. The storage solution must cope with quarry operations and logistics, as well as different raw material parameters. To ensure the reliability of stackers and reclaimers and to optimise their total costs, accurate raw materials characterisation is essential. By FLSmidth, Denmark. At Holcim Brazil's Barroso plant, the clay excavator was in... |
Indonesia: Holcim completes Lampung terminal15 August 2016, Published under Cement NewsHolcim Indonesia has completed the construction of its cement terminal in Lampung at a cost of up to IDR400bn (US$30.5m). The new 4.7ha facility will be used for both storage and packing and will be able to process up to 1Mt of cement per year. Speaking on the project, finance director for the company, Mark Schmidt, said, "We will get the cement from a plant in Tuban [East Java], we will take it to Lampung to be packaged and marketed in South Sumatra.” |
Indonesia: Indocement cuts production by 1Mt10 August 2016, Published under Cement NewsPT Indocement Tunggal TBK will cease operations at two production lines at its Citeureup plant due to the national cement excess, resulting in a 1Mta drop in output levels. The fall in cement sales in the country resulted in Indocement seeing its domestic sales volume drop 3.7 per cent to 7.9Mt QoQ in 2Q16. However, exports for the company increased by 190,000t when compared to the same period last year. President Director of Indocement, Christian Kartawijaya, said, “we supply a lot of pr... |
Indonesia: uneven demand hitting company revenues08 August 2016, Published under Cement NewsCement consumption in Indonesia was up by 3.1 per cent in the three months to June, but the national figures belie the patchiness of regional growth. According to the Jakarta Post, statistics from the Indonesian Association of Cement (ASI) show that demand in Java actually declined – albeit by just 0.13 per cent – whereas consumption in Sumatra grew by 6.8 per cent, twice as fast as the national average. The uneven distribution of growth has implications for Indonesia’s cement firms. S... |