Cement News tagged under: Semen Indonesia
Semen Indonesia rebrands as Semen Indonesia Group17 February 2020, Published under Cement NewsSemen Indonesia has rebranded to become Semen Indonesia Group (SIG), including a new logo, to reinforce the company’s environmental efforts and introduce itself as a provider of building materials solutions. Launching the new strategy, Adi Munandir, Semen Indonesia's director of Marketing and Supply Chain, told local press that: "We are already in the phase of thinking about our future. Cement manufacturers have a very industrialist connotation, sometimes connoted to activities that ar... |
Semen Indonesia Group sees 29% rise in 2019 sales20 January 2020, Published under Cement NewsThe total sales volumes of the Semen Indonesia Group, including Thang Long Cement Co (TLCC) and former Holcim subsidiary, PT Solusi Bangun Indonesia (SBI), increased 36 per cent in December 2019 to 3.93Mt from 2.891Mt (before the group’s acquisition of SBI and therefore, not included in the group’s consolidated numbers), according to a company statement. Semen Indonesia saw sales edge up 4.4 per cent to 2.782Mt YoY, of which 2.564Mt in domestic sales (+8.2 per cent) and 218,678t in export ... |
Semen Indonesia volumes surge 44% in November18 December 2019, Published under Cement NewsSales volumes of the Semen Indonesia Group, including Thang Long Cement Co (TLCC) and former Holcim subsidiary, PT Solusi Bangun Indonesia (SBI), surged 44.2 per cent in November 2019 to 4.399Mt from 3.05Mt (before the group’s acquisition of SBI and therefore, not included in the group’s consolidated numbers), according to a company statement. Semen Indonesia, excluding TLCC and SBI, improved its sales volumes by 11.8 per cent YoY in November 2019 to 3.18Mt. A rise was particularly noted i... |
Indonesian cement market expands 2% in October19 November 2019, Published under Cement NewsIndonesia saw cement demand advance by 1.9 per cent YoY to 7,326,461t in October 2019 from 7,187,897t in October 2018, as reported by Semen Indonesia. Market expansion was largest in Sulawesi where volumes were up by 18.5 per cent to 661,453t YoY while Nusa Tenggara reported a 13.2 per cent increase in sales to 444,057t in October 2019. A smaller gain was noted in East Indonesia, the country’s smallest market, where sales rose by 6.2 per cent YoY to 177,649t. The key province of Java saw d... |
Semen Indonesia sees 41% rise in October sales19 November 2019, Published under Cement NewsSemen Indonesia Group, including SBI, reported a 40.8 per cent rise in sales volumes to 4,771,181t in October 2019 when compared with a volume of 3,388,174t in October 2018. Semen Indonesia, excluding SBI and TLCC, reported a 5.8 per cent uptick in sales to 3,342,839t from 3,159,448t. The company sold 2,877,048t in the domestic market, up 1.4 per cent YoY, and 465,791t to export markets, representing a 44.6 per cent increase on October 2018. Thang Long Cement Co (TLCC) sales increased b... |
Semen Indonesia joins WCA28 October 2019, Published under Cement NewsSemen Indonesia has joined the World Cement Association (WCA) as a Corporate Member. Semen Indonesia maintains a production capacity of 51Mta, which is shipped to customers across Indonesia, but also Sri Lanka, United Arab Emirates, Yemen, Philippines, China, Australia, India, Bangladesh, Africa, Timor-Leste and other countries. The company has cement plants in Lhoknga in Aceh, Indarung in West Sumatra, Narogong in West Java, Rembang and Cilacap in Central Java, Gresik and Tuban in East Jav... |
Semen Indonesia reports 4% drop in August sales19 September 2019, Published under Cement NewsSemen Indonesia reported a four per cent fall to 2.789Mt in total sales in August 2019 when compared with the previous year, when the company achieved sales of 2.904Mt. In July 2019 sales slipped by 2.6 per cent YoY to 2.706Mt. Of the total, domestic sales of 2.466Mt were reported, down 5.1 per cent YoY. This follows a six per cent YoY drop in July, when sales to Indonesian customers stood at 2.354Mt. Exports advanced by 5.6 per cent YoY to 323,101t following a 29.5 per cent rise to 352,55... |
PT Semen Indonesia27 June 2019, Published under Cement NewsIn May 2019 the Semen Indonesia group sold a total of 3,353,940t of cement and clinker. This compares to 3,058,721 in the previous month and 2,840,181t in May 2018. Semen Indonesia contributed 2,320,344t to the May total, a contraction of 9.71 per cent YoY, mainly from domestic sales (1,992,823t) but also exports (327,521t). TLCC added a further 204,601t, a YoY decline of 24.28 per cent, made up of 117,301t to the domestic market and 87,300t overseas. PT Solusi Bangun Indonesia (SBI) sold... |
LafargeHolcim04 February 2019, Published under Cement NewsThe sale of the 80.6 per cent stake in Holcim Indonesia to Semen Indonesia, formerly known as Semen Gresik, has been completed, taking Semen Indonesia’s share from 35.7 per cent of the national capacity to 49.5 per cent. The deal, valued at around US$1750m, adds four cement works, 33 ready-mixed concrete plants and two quarries to Semen Indonesia’s production base. Semen Indonesia also has a sizeable cement business in Vietnam. The completion of this deal suggests that a disposal of the Phil... |
LafargeHolcim completes Indonesia asset sale01 February 2019, Published under Cement NewsLafargeHolcim has completed the divestment of its 80.6 per cent share in Holcim Indonesia to Semen Indonesia, which had an enterprise value of US$1.75bn. The proceeds from the asset sale will improve LafargeHolcim’s net debt to recurring EBITDA ratio by 0.2, with the target of two times or less expected to be achieved before end-2019, according to the company. |