Cement News tagged under: Indonesia
Conch full-year net profit rises 48.3%26 March 2014, Published under Cement NewsAnhui Conch Cement Co reported a 48.3 per cent YoY increase in profit attributable to shareholders during 2013 to CNY9.38bn (US$1.5bn) from CNY6.33bn a year ago. Turnover increased 20.75 per cent to CNY55.26bn from CNY45.77bn in 2012. In accordance with PRC Accounting Standards, the group’s revenue amounted to CNY55.3bn, a YoY increase of 20.28 per cent. Sales by region Clinker and cement sales amounted to 228Mt, representing growth of 21.95 per cent YoY. Sales volumes in East and Cent... |
Semen Baturaja to distribute dividend, Indonesia25 March 2014, Published under Cement NewsSemen Baturaja will distribute a IDR78.04 dividend, or 25 per cent of last year’s net profit of IDR312.18bn (US$27.4m) Pamudji Raharjo, president director of the publicly-listed company, said the government will have a share of IDR59.5bn (or 76.24 per cent of the dividend) and the investing public will have around IDR18.5bn). The remaining part of the net profit will be used as a reserve fund to support Semen Baturaja’s expansion, Pamudji added. This year, the company targets a 12.17 pe... |
PT Semen Indonesia agrees loan for new plant24 March 2014, Published under Cement NewsCement producer PT Semen Indonesia has secured a non-cash loan of IDR1.4trn (US$122.57m) from PT Bank Mandiri, said Ahyanizzaman, the company's finance director. The firm will use the facility to build a works worth IDR3.7trn ($323.92m) with a capacity of 3Mta in Rembang, Central Java, according Kontan Online. |
Indocement outlines capex to raise capacity20 March 2014, Published under Cement NewsPT Indocement Tunngal Prakarsa, the second-largest cement producer in Indonesia, plans IDR4-4.5trn (US$349m-393m) in capital expenditure to increase capacity and lift market share. Updating stakeholders on the company’s 2013 performance at a public presentation earlier this week, Indocement said it sold 18Mt of cement last year, just 0.5 per cent more than 2012. Its market share dipped to 30.4 per cent from 32 per cent in the previous year, a decline the company attributes to a lack of add... |
Indonesia February cement sales advance17 March 2014, Published under Cement NewsIndonesian cement sales rose 2.7 per cent last month to 4.4Mt from a year earlier, state-owned Semen Indonesia announced, citing data from Indonesia Cement Association (ASI). Cement sales during February 2014 in the main market of Java rose four per cent to 2.5Mt from the same period last year, despite the eruption of Mount Kelud in East Java on 13 February which disrupted flights and economic activities in the surrounding areas. Shipments in East and West Java rose just over 12 per cent... |
Semen Indonesia inaugurates Banjarmasin packing plant07 March 2014, Published under Cement NewsSemen Indonesia has inaugurated a new cement packing plant in Banjarmasin, South Kalimantan, taking the company’s total number of packing facilities to 23. The plant is estimated to have cost IDR120bn (US$10m), the company said in a statement posted on its website on Thursday. It has a cement silo equipped with two lines capable of packing 2200 bags per hour, the statement said. The new facility will also be equipped with a port that can unload at 300tph which is set to begin operations in... |
Southeast Asian advances07 March 2014, Published under Cement NewsSoutheast Asia continues to be a hive of cement activity and recent commentary by local producers suggests the prospects remain promising for certain key markets through 2014. Philippines: new capacity on the way The outlook for the Philippines remains upbeat for 2014, driven by government infrastructure spending and private sector projects. Last year cement sales rose by 5.9 per cent to 18.4Mt, according to local association CeMAP. A rise in construction activity and an increase in the ... |
Hazemag wins large Indonesian crushing plant contract27 February 2014, Published under Cement NewsHazemag & EPR has received a large crushing plant contract from Sinoma International Engineering for installation at PT Cemindo Gemilang’s new 10,000tpd plant on the island of Java, Indonesia. The crushing plant to be delivered by Hazemag consists of a large apron feeder, a wobbler feeder for pre-screening and the impact crusher which has a rotor diameter of 2.5m and a width of 3m and is the largest impact crusher from Hazemag’s product range. Another, smaller apron feeder will ensure that ... |
Semen Indonesia net income rises 11% YoY25 February 2014, Published under Cement NewsNet income at Semen Indonesia rose 11 per cent in 2013 to IDR5.37trn (US$462m) from a year earlier as the company boosts sales through expansion and strengthens its market position. A 24.5 per cent increase in sales to IDR24.5trn was recorded by Indonesia's largest cement producer last year. Domestic shipments rose 3.2 per cent to 25.4Mt. The surge in sales helped boost market share to 44 per cent last year from 41 per cent in 2012. The company has recently expanded its Indarung plant in... |
Indonesian president inaugurates Tonasa V project19 February 2014, Published under Cement NewsPresident Susilo Bambang Yudhoyono of Indonesia has officially inaugurated Semen Tonasa’s Line V project and power plant in Pangkajene Island District, South Sulawesi. Semen Tonasa, which is part of Semen Indonesia group of companies, invested US$289m in this fifth line which has a capacity of 8000tpd. The project has added 2.5Mta of volumes to Tonasa’s cement portfolio, bringing its total capacity to 7Mta. New equipment, supplied by some of Europe’s leading technology providers, spanned r... |