Cement News tagged under: Indonesia
Semen Baturaja expects higher 3Q output and sales23 September 2013, Published under Cement NewsPT Semen Baturaja anticipates third-quarter 2013 production and sales to rise by 14 and seven per cent YoY, respectively, but full-year sales are expected to fall short of an earlier target. The company’s corporate secretary, Zulkifri Subli, told local press that the company expects output to increase to 337,429t from a year earlier and dispatches to rise to 321,235t. However, full year sales are forecast to reach 1.37Mt, down from an earlier target of 1.5Mt due to slower sales in the f... |
Semen Baturaja raises investment spend20 September 2013, Published under Cement NewsSemen Baturaja is having to increase investment for its new cement plant in South Sumatra to IDR2.9m (US$253m) from the original IDR2.6trn as the weaker rupiah has raised the cost of imported equipment. “According to our assessments, there will be additional costs of between IDR200bn-300bn due to exchange rate changes, as we have to import machines, Zulfikri Subli, corporate secretary of Semen Baturaja, told the Jakarta Globe. Mr Subli said equipment accounts for between 40-50 per cent of ... |
Semen Indonesia to launch new packing plant20 September 2013, Published under Cement NewsA new packaging terminal being built by Semen Indonesia in Banjarmasin, South Kalimantan, will be ready in the next quarter and forms part of a strategy to position the company closer to end-markets and reduce logistical costs. Around 80 per cent of the plant’s construction had been completed by August and the new plant is expected to be opened in the fourth quarter of 2013, according to company president director Dwi Soetjipto. The new US$10.4m facility will have a 600,00t silo and i... |
Semen Indonesia sees 16% YoY rise in Jan-Aug 2013 cement sales17 September 2013, Published under Cement NewsSemen Indonesia reported a 16 per cent increase in cement sales for the first eight months of this year to 16Mt, as the country's largest producer sees market share increase on the back of new volumes. Domestic shipments increased by 15 per cent YoY to 15.8Mt while exports rose 373 per cent to 191Mt. Dwi Soetjipto, president director of Semen Indonesia, said the rise in sales was also supported by operations of two new lines, Tuban IV and Tonasa V. Over the Jan-August 2013 period, the ... |
Semen Tonasa begins construction of West Sulawesi packing plant13 September 2013, Published under Cement NewsState-owned Indonesian cement producer PT Semen Tonasa has begun construction of a new 300,000t capacity packing plant in the Belang Belang port area, Mamuju District, West Sulawesi. Speaking at the inaugural ceremony to launch construction of the IDR100bn project, Tonasa's president director, Unggul Attas, said the plant is being built in cooperation with PT Latanindo Graha Persana and is expected to be completed in a year. He said that demand for cement in West Sulawesi was high so that... |
Indonesian sales down 5.8% In August12 September 2013, Published under Cement NewsIndonesian cement sales fell 5.8 per cent to 3.3Mt in August 2013, according to latest data from the Indonesian Cement Association. Compared to July 2013, cement sales in Indonesia were down by 32 per cent, however, there was an almost two-week holiday in August (the Idul Fitri or Lebaran festivities that follow after the holy fasting month of Ramadan). Export of cement increased 2.4 per cent to 95,000t in August 2013 from the same month a year earlier. This year's growth target of c... |
Weaker rupiah impacts Semen Baturaja plant plans11 September 2013, Published under Cement NewsPT Semen Baturaja is having to adjust its plan to develop a new factory due to the weakening of the rupiah against the US dollar. According to reports by the Jakarta Post, that the purchase of equipment, which makes up about 40-50 per cent of total investment costs, could be delayed. Semen Baturaja president director Pamudji Rahardjo told the newspaper that the company was working on a new valuation of the investment with higher exchange rate, as the currency has passed 11,000. The curre... |
Cemindo Gemilang to break ground on new project, Indonesia11 September 2013, Published under Cement NewsPT Cemindo Gemilang is to break ground on a new 4Mta cement plant in Banten, the westernmost province on the island of Java, bordering Jakarta. President director of Cemindo told the Jakarta Post that the company would carry out the plant's groundbreaking on Wednesday. The plant will begin commercial operations in the third quarter of 2015 and will serve the markets of Banten, Greater Jakarta and West Java. Last year, Cemindo acquired the majority stake in Vietnamese cement producer... |
Otto Marine signs MoU for new cement carriers project, Indonesia06 September 2013, Published under Cement NewsSingapore-based Otto Marine has signed a memorandum of understanding (Mo) for the building of five new cement carriers with sizes ranging from 7500-15,000dwt for an Indonesian customer. Apart from the cement carriers order, there is also potential for Otto Marine to secure contracts for the conversion of two additional bulk carriers into cement carriers, and a further order for a 3,500 bhp ocean towing tug from the same Indonesian customer. Conversion works will be carried out in Otto Marin... |
Indocement orders seven Loesche mills21 August 2013, Published under Cement NewsIndocement has ordered seven Loesche Vertical Roller Mills (VRM) for the new production line at Citeureup cement plant, 45km south of Jakarta, Indonesia. The new production line will consist of two Type LM 56.4 mills for the grinding of cement raw material. Each will have a capacity of 400tph at a product fineness of 10 per cent R90μm. Two further, LM 28.3 D mills will be grinding coal at a maximum rate of 40tph at a product fineness of 12 per cent R 90μm. For the clinker grinding the cli... |