Cement News tagged under: Indonesia
Semen Indonesia may review expansion plans amid slow demand environment12 August 2015, Published under Cement NewsSemen Indonesia has said it may review some planned expansion projects amid sluggish domestic cement demand, according to a senior company executive. “We will probably be accelerating the projects that have already started construction, but for other projects, like our regional expansion and the packing plant, we may adjust the plans,” said Ahyanizzaman, finance director at Semen Indonesia told the Jakarta Globe. “Our biggest investments are the Rembang plant and the Indarung plant. We’re... |
Indocement plans to close three inefficient lines, Indonesia10 August 2015, Published under Cement NewsIndocement Tunggal Prakarsaplans, part of the HeidelbergCement Group, plans to discontinue production activities of lines P1, P2, and P6 at its flagship Citeureup works, Indonesia. "We seek to stabilise margins this year by shutting down factories that are not efficient, including factories P1, P2, and P6 in Citeureup with a total production capacity of 1.2-1.5Mta," Indonesia Finance Today quoted Christian Kartawijaya, President Director of Indocement as saying. Mr Kartawijaya said operati... |
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... |
PT Indocement29 June 2015, Published under Cement NewsAs testimony to its ongoing commitment to sustainability, PT Indocement has scooped five accolades at the recent Indonesia Green Awards 2015 held in Jakarta. Its cultivation of castor oil plants as an alternative fuel resource won the company the "Development of New and Renewable Energy" award, while its waste management efforts across 1000 different villages bagged it the "Development of Integrated Waste Management" accolade. The company’s green village at Cupang resulted in the award fo... |
PT Semen Indonesia29 June 2015, Published under Cement NewsFollowing instructions earlier this year from Indonesia's president to lower cement prices to help support the government’s huge infrastructure projects, Semen Indonesia has seen its prices fall by around 10 per cent so far this year. But with new rivals entering the market and the economic slowdown continuing to dampen demand, the company is looking to the export market to help boost sales. Total Indonesian cement consumption has fallen from 23.78Mt in January-May 2014 to 22.87Mt in the ... |
Semen Indonesia lowers prices amid increased competition, weaker demand26 June 2015, Published under Cement NewsSemen Indonesia, the country's largest cement producer, has reduced cement selling prices by around 10 per cent this year and is looking to increase exports against a backdrop of heightened competition in a weaker demand environment. Following a presidential instruction in January this year calling on state-owned cement producers to lower their prices by IDR3000/bag, Semen Indonesia has so far adjusted its prices by around 10 per cent this year, the Jakarta Post reports. Cement prices had... |
Indonesian president caps cement prices during peak periods19 June 2015, Published under Cement NewsIndonesia's president has signed a decree allowing the government to cap prices of cement, staple foods and other basic goods during peak periods, a presidential spokesman said. "This regulation gives the authority to the government to set special prices ahead of, on, or after religious holidays or during periods of price volatility," Teten Masduki, presidential spokesman, told reporters. The government is imposing extra measures to ensure prices for food and basic goods do not spike durin... |
Indonesian monthly consumption declines by 7.9%15 June 2015, Published under Cement NewsIndonesian consumption remained weak in May, declining by nearly eight per cent, latest data from the Indonesia Cement Association shows. Cement demand fell by 7.9 per cent in May 2015 to 4.78Mt. Consumption during the month was down in all areas, with Kalimantan seeing the largest regional drop (-24.3 per cent) followed by Maluk & Irian Jaya (-16.2 per cent) and Sulawesi. On the main island of Java, demand fell by 8.7 per cent, with the biggest declines in Jakara (-14.5 per cent), Banten... |
Semen Indonesia May sales down12 June 2015, Published under Cement NewsIndonesia's largest cement maker, PT Semen Indonesia Tbk, said its sales in May were down 13.9 per cent from the last year at 1.98Mt, Indonesia Finance Today reported, quoting the firm's investor relations officer Anto Brilianto. The cement producer sold 9.91Mt of cement in the first five months of 2015, down 5.3 per cent from 10.47Mt during the same period last year. |
Indonesia: Rembang plant on course for 2016 start-up08 June 2015, Published under Cement NewsState-owned cement producer PT Semen Indonesia expects is Rembang cement plant, Central Java, to be completed in 2016. “By the end of 2016, the construction works are expected to finish so that [the factory] is ready for operation,” PT Semen Indonesia president director, Suparni, told The Jakarta Post in Surabaya. “The products are oriented for distribution in Central Java, East Java and West Java.” The 3Mta cement plant will produce cement branded as ‘Semen Gresik’ and has been built wit... |