Cement News tagged under: Indonesia
Indonesia cement consumption rises in October18 November 2013, Published under Cement NewsIndonesian cement sales in October 2013 increased 7.9 per cent (YoY) to 5.58Mt, according to data from the Indonesia Cement Association (ASI). Therefore, cement sales picked up further from the 5.3 per cent growth (YoY) in the previous month. The October growth rate was mainly caused by increased cement demand from islands other than Java. In particular, demand from Sumatra rose significantly, the association said. Indonesia's second most-populous island bought 1.15Mt of cement. Despite ... |
PT Semen Indonesia to further boost capacity18 November 2013, Published under Cement NewsPT Semen Indonesia plans to spend up to IDR6trn (US$516.4m) on capital expenditure in 2014, up from this year's IDR3trn, which will be used to build a greenfield cement factory. This will boost production capacity and finance working capital, said corporate secretary Agung Wiharto. Reuters reports that the company will develop plants in Central Java and West Sumatra, and a cement packaging plant worth up to IDR1trn. It expects sales volume of 5.6Mt in the 4Q13 and achieve its 2013 full-y... |
PT Semen Papua set to begin construction of new factory, Indonesia15 November 2013, Published under Cement NewsPT Semen Papua is due to start construction of Papua’s first cement factory, which will be constructed in the Paumako port area of East Mimika. The company, which is owned by the Papua provincial administration, will start construction of the new 0.5Mta plant this year, Adolf Haley, head of the regional development planning board, told ANTARA news. Analysis of the Environmental Impact Assessment have been signed by Papua Governor, Lukas Enembe, he said. |
PT Semen Indonesia nine-month net profit rises 15% YoY30 October 2013, Published under Cement NewsPT Semen Indonesia said Tuesday that its net profit rose 15 per cent YoY to IDR3.91trn (US$353m) during the first nine months of the year. The company recorded revenue of IDR17.39trn during the period, up from IDR13.67trn a year before. |
Global demand growth outlook downgraded28 October 2013, Published under Cement NewsA recent report by Morgan Stanley has lowered the growth outlook for global cement demand for 2013 to adjust for a changing economic landscape in emerging regions. Following economic updates by its analysts, which cut GDP forecasts for most emerging countries, cement volume expectations have been significantly trimmed in half of the world’s regions. The research house now expects two per cent growth in global cement demand in 2013 (excl. China) followed by 3.5 per in 2014 – marking the slo... |
Semen Indonesia sees robust sales rise14 October 2013, Published under Cement NewsSemen Indonesia has announced that its sales increased to 18.5Mt in the first nine months of the year, 15.6 per cent higher than the same period of last year including a notable rise in exports. Most sales derived from holding company Semen Indonesia (9.5Mt), followed by its subsidiaries Semen Padang (5Mt) and Semen Tonasa (3.95Mt). Sales increased by 17.5, 6.6 and 24.2 per cent respectively compared to the January-September period of 2012. Semen Indonesia exported as many as 268,200t,... |
Holcim Indonesia commissions new packing plant11 October 2013, Published under Cement NewsHolcim Indonesia has commissioned its new packaging plant and silo in Pontianak, West Kalimantan. President Director of Holcim Indonesia, Eaman Ginley, said the packing plant and silo would better serve the customers in the region. "With the facility we hope to reach our operational target . Our customers would easily find our product in the market in West Kalimantan," he told local media. The silo, which is located at Jalan Raya Wajok Hilir, 25km from Pontianak, will improve the cement lo... |
Indonesia sales growth slows, Jan-Sept10 October 2013, Published under Cement NewsIndonesian sales growth has slowed over the first nine months of this year despite hitting a monthly record in September. Data from the Indonesian Cement Association (ASI) showed that domestic sales totalled 41.58Mt between Jan-September 2013, an increase of 5.3 per cent compared to 39.48Mt in the same period of last year. The YoY growth in the first nine months was lower than the 7.5 per cent growth recorded in the same period of last year. It was also slower than the 5.7 per cent adva... |
Semen Indonesia secures loan04 October 2013, Published under Cement NewsState-owned cement producer PT Semen Indonesia (Persero) Tbk has secured a US$100m loan from PT Bank Mandiri Persero Tbk and Standard Chartered Bank with a 5-8 year tenure to refinance its outstanding debt, said CEO Dwi Soetjipto in Bisnis Indonesia. The firm also seeks loan totalling US$150m to partly fund its US$200me expansion in Myanmar. |
SCG outlines Indonesian plant spend24 September 2013, Published under Cement NewsThailand-based Siam Cement Group (SCG) is expanding its southeast Asian presence by constructing a new cement plant on the island of West Java, Indonesia, through its subsidiary PT Semen Jawa. “The total investment for this factory is IDR3.4trn [US$304.7m],” SCG CEO Kan Trakulhoon told local press on Monday. The greenfield facility will have a capacity of 1.8Mta. |