Cement News tagged under: Indonesia
Semen Indonesia targets 50% share of Papua market29 May 2013, Published under Cement NewsPT Semen Indonesia is targeting a 50 per cent share in the Papuan cement market following the company's decision to build a packing plant in the coastal city of Sorong, West Papua, last year. "We will maximise the utilisation of the packing plant," the company’s head of marketing development, Rudi Hartono, said the target is said after a company-held infrastructure seminar in Sorong yesterday. Rudi said that the packing plant with 300,000t capacity will push Semen Indonesia's demand in ... |
Indonesia cement sales rise 8.6%, Jan-Apr 201316 May 2013, Published under Cement NewsIndonesian cement sales increased by 8.6 per cent in the four months to the end of April 2013, the latest data from the Indonesian Cement Association (ASI) reveals. Sales for the January-April 2013 period reached 18.12Mt compared to 16.68Mt in the same period of last year. In April 2013 alone, sales also increased by 8.6 per cent to 4.54Mt in April from 4.18Mt in April 2012. The April sales growth showed an improvement on March's rate when sales only advanced by 3.5 per cent – the slowest... |
Siam Cement appoints Chinese contractor for new Indonesian plant10 May 2013, Published under Cement NewsSiam Cement Group (SCG) of Thailand has signed an agreement with China-based Anhui Conch Design & Research Institute for the construction of a greenfield plant in West Java, Indonesia. The Chinese company, a subsidiary of the Anhui Conch Group, will supply machinery and equipment and provide engineering and construction services for the 1.8Mta plant to be constructed in Sukabumi. The new cement works will be run by Siam Cement’s wholly-owned subsidiary PT Semen Jawa. With an investment to... |
Mixed first-quarter results for Indonesia's top three06 May 2013, Published under Cement NewsIndonesia's top three cement producers have posted a mixed set of results for 1Q13, as Semen Indonesia and PT Indocement report a rise in net profits but Holcim Indonesia feels the pinch from an increasingly competitive market. The country's largest cement producer, state-owned PT Semen Indonesia reported a 22.3 per cent increase in net profit to IDR1.24trn in the first three months of this year, thanks to a 20.4 per cent rise in sales volumes to 4.94Mt. The state-owned cement producer en... |
Siam Cement Group to lift capacity by 4.5Mta in two years25 April 2013, Published under Cement NewsSiam Cement Group plans to spend US$1.5bn to expand cement production capacity in Southeast Asia by 4.5Mta over the next two years. President and chief executive of Siam Cement Kan Trakhulhoon told the Bangkok Post that the US$400m cement plant in Indonesia is already under construction with Phase 1 expected to come on-stream by 2015. Meanwhile, the Myanmar cement factory is still awaiting approval, but Phase 1 is also slated to be operational by 2015 and involve a similar cost. The compa... |
Indonesia first-quarter sales rise 8.6%11 April 2013, Published under Cement NewsIndonesian cement sales rose by 8.6 per cent in the first quarter of 2013 to 13.6Mt, latest data from the country’s largest producer, Semen Indonesia, shows citing figures from the Indonesian Cement Association (ASI). While cement demand in the Southeast Asian country continues an upward climb, cement sales in March only rose by 3.5 per cent YoY to 4.5Mt – the slowest pace in seven months. Some analysts attributed the slowing sales to delays in the government’s infrastructure projects. ... |
Indonesia's multi-billion dollar capacity drive continues05 April 2013, Published under Cement NewsIndonesian cement capacity is expected to reach 100Mta by 2017 from the current 60.5Mta with domestic producers and new investors earmarking an estimated US$6.68bn over the next four years to build new and expand existing plants. Local producers have already announced plans to invest some US$4.83bn over the next four years to expand capacities by an aggregate total of 35.3Mt. These include state-owned Semen Indonesia which is building two new 2.5Mta plants and Holcim Indonesia is on cours... |
Indonesia cement sales rise 8.2 per cent in February22 March 2013, Published under Cement NewsIndonesian cement sales rose 8.2 per cent to 4.39Mt in February 2013, according to the country’s largest cement producer Semen Indonesia citing data from the Indonesian Cement Association (ASI). While growth has continued, February’s figure was the slowest pace of growth for six months. In the first two months of the year sales rose by 11 per cent to 9Mt. David Sumual, an economist at Bank Central Asia told the Jakarta Post that a slowdown in investment, particularly in government inf... |
ThyssenKrupp awarded new Holcim Indonesia cement plant project22 March 2013, Published under Cement NewsThyssenKrupp Polysius has won a contract from PT Holcim Indonesia Tbk, to build a second cement plant near the town of Tuban on the northern coast of the island of Java. The contract is worth around US$250m and the plant is scheduled to start production in 2015. "This follow-up order is proof of our good partnership with the customer and shows that our technological solutions and leading engineering expertise are supporting Holcim in the growth of the Indonesian cement industry. We are fi... |
Indocement nears completion of feasibility study for two plants14 March 2013, Published under Cement NewsPT Indocement Tunggal Prakarsa, Indonesia’s second-largest cement producer, has said it is in the final stages of a feasibility study to build two new plants. Company president, Daniel Lavelle, told ANTARA news agency that the two factories would have cement capacities of 2.5Mta each, one of which would be located in Central Java and the other outside. Mr Lavelle said that the expansion projects would also serve to maintain the company’s competitiveness in the market. Moreover, it to fu... |