Cement News tagged under: Indonesia
Indonesia cement price rise on the cards28 March 2012, Published under Cement NewsIndonesian cement producer, PT Semen Gresik is considering increase cement prices along with other local producers to offset planned fuel and electricity costs. The government’s plan to raise the subsidized fuel price to IDR6000/litre as of April from the current IDR4500, coupled with a possible increase in electricity tariffs by 10 per cent, have been widely expected to boost prices across the board, increasing production and distribution costs. State-owned Semen Gresik’s President ... |
Indocement targets 30Mt production by 201727 March 2012, Published under Cement NewsPT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, has outlined several expansion project which will lift the producer’s cement capacity to the 30Mt mark by 2017. Output at the company, which is the second-largest producer in Indonesia, is targeting at 20.6Mt this year. Indocement is currently constructing a cement mill at its Citeureup, West Java, site with a production capacity of 1.9Mta which is scheduled for completion in 2013. The Jakarta Post also now reports tha... |
Indocement to invest in new factory, Indonesia23 March 2012, Published under Cement NewsPT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, is set to construct a new cement factory in Citereup, West Java, according to local press reports. Asia in Focus has reported that the company is investing US$440m in the new facility. Corporate secretary Sahat Pangabena, however, refused to give details about the plan, saying Indocement will announce details later this month. |
Indocement sales advance, further growth ahead, Indonesia21 March 2012, Published under Cement NewsPT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, said on Tuesday cement sales rose 15 per cent in 2011 and forecasts a strong rise in infrastructure projects supported by the government’s recently-passed land clearing law. Domestic sales volumes by Indocement rose 20.2 per cent as the Indonesian construction sector has been benefiting from lively activity, particularly in the residential and high-rise construction sector, noted HeidelbergCement. As a result of lower stro... |
Conch plans to start building Indonesian plant this year15 March 2012, Published under Cement NewsChina-based Anhui Conch Cement said it plans to begin construction of a new cement plant in South Kalimantan, Indonesia, later this year. Following a meeting with a delegation from China's Anhui province, Indonesia’s Industry Minister MS Hidayat told the Jakarta Post: "The planned plant in South Kalimantan will be able to produce 2.5Mta of cement.” Conch is currently awaiting the completion of its land acquisition process and a license to be issued by the South Kalimantan administratio... |
Myanmar plant to improve Gresik distribution network13 March 2012, Published under Cement NewsFollowing PT Semen Gresik’s announcement that it plans to construct a cement plant in Myanmar, a government official has said the new facility will be improve the company's distribution network, particularly in light of a new regional trade agreement. Earlier this week, local press reported that Gresik is to construct a 2.5Mta cement plant in Myanmar where supply is falling short of demand. This will be Semen Gresik’s first foray abroad. Sumaryanto Widayatin, a deputy state enterprise... |
Indonesian February consumption rises 23.9%12 March 2012, Published under Cement NewsIndonesia’s domestic sales rose 23.9 per cent YoY in February 2012, according to figures from PT Semen Gresik. February sales reached 4.1Mt, slightly higher than the 4.06Mt achieved in January. Indonesia has enjoyed one of the world’s highest growth rates of cement demand in recent years. Sales in 2011 were up 17 per cent YoY to 47.9Mt and looking forward, growth is expected to continue in 2012 as the country aims to meet ambitious housing and infrastructure needs. |
Semen Gresik to build 2.5Mta plant in Myanmar12 March 2012, Published under Cement NewsState-owned Indonesian cement producer PT Semen Gresik, is reportedly expanding its operations into Myanmar by constructing a new plant as part of government expansion plans involving state enterprises. The Indonesian cement producer plans a 2.5Mta cement plant at an estimated cost of IDR4.5trn (US$500m), according to company finance director Ahyanizzaman. PT Semen Gresik is one of four state companies asked by the government under Indonesia Incorporated to expand operations to Myanmar... |
Siam Cement steps up ASEAN investments12 March 2012, Published under Cement NewsSiam Cement Group (SCG), Thailand's largest industrial conglomerate by revenue, is stepping up its plans to build on its cement and building materials activities in Southeast Asia as it eyes new regional investments and acquisitions in the markets of Indonesia, Vietnam and Myanmar. Earlier this week, the company announced plans to construct a 5000tpd cement plant in Indonesia as the manufacturer looks to penetrate the market further. With an investment of US$300m, the cement works will be ... |
Semen Tonasa announces eastern packing projects, Indonesia08 March 2012, Published under Cement NewsIndonesian cement producer, Semen Tonasa, a Semen Gresik subsidiary, is to construct cement packing plants in all provinces in eastern Indonesia. The company said it would need to spend up to IDR100bn (US$11m) on the project to be carried out in phases, according to reports in the Jakarta Post. Tonasa’s president, Sattar Taba, said the company will build at least two packing plants a year until each province in the eastern region has a packing plant. This year, it will start with the c... |