Cement News tagged under: Semen Indonesia
Semen Indonesia approves 2016 cash dividends03 April 2017, Published under Cement NewsState-owned cement manufacturer Semen Indonesia will distribute cash dividends worth IDR304.92/share from its 2016 fiscal year. The total dividends that will be distributed amount to IDR1.8trn, or the equivalent of 40 per cent of the company’s 2016 net profit of IDR4.52trn. Rizkan Chandra, president director of Semen Indonesia, said the dividend plan was approved by the company’s shareholders during an annual meeting in Jakarta on 31 March 2017. He added that Semen Indonesia will set as... |
Semen Indonesia appoints former intelligence chief Sutiyoso03 April 2017, Published under Cement NewsPT Semen Indonesia has appointed former Jakarta governor and State Intelligence Agency (BIN) director, Sutiyoso, its president commissioner. Sutiyoso served as BIN chief under President Joko Widodo’s administration and previously led the Indonesian Justice and Unity Party (PKPI). The appointment comes at a time of public protest against the building of the company’s new factory in Rembang, Central Java. |
BlackGold Natural Resources Ltd completes first coal delivery to Semen Padang, Indonesia29 March 2017, Published under Cement NewsBlackGold Natural Resources Ltd announced that its subsidiary, PT Samantaka Batubara has successfully completed its first coal delivery to Indonesian producer Semen Padang. The purchase order from Padang has an approximate value of US$12.6m which BlackGold expects to complete periodically within the next 10 months. The first delivery of coal to Semen Padang was completed on 24 March 2017 and delivery by a second fleet of trucks is expected to commence by April 2017. "We are very pleased wi... |
Semen Indonesia postpones Rembang opening22 March 2017, Published under Cement NewsPublicly-listed cement manufacturer PT Semen Indonesia (SI) has decided to postpone the initial launch of its new production facility in Rembang, Central Java, for several months due to a prolonged dispute with the local community. “[The facility] will start commercial operation in either May or June. We are not in a hurry,” SI corporate secretary Agung Wiharto said as quoted by kontan.co.id on Monday. The production facility was initially scheduled to start operating in April. |
Indonesia: Kupang Cement to start work on new Kupang plant21 February 2017, Published under Cement NewsKupang Cement Indonesia's third factory in Kupang will soon be realised, according to the Governor of East Nusa Tenggara, Frans Lebu Raya. "The preparation phase has been completed. The groundbreaking ceremony is scheduled to be held on 10 March this year," he informed ANTARA in Kupang, Monday. He further stated that the new IDR2trn (US$1.49bn) plant will have a 1.5Mta cement capacity and will be built in the Bolok Industrial District. The construction will take approximately three yea... |
Semen Indonesia halts Rembang construction20 January 2017, Published under Cement NewsSemen Indonesia has halted the construction of its plant in Rembang, Central Java, following the provincial government's revocation of the plant's environmental licence on 16 January. The company said it has complied with the government ruling despite having completed nearly 99 per cent of the plant. It is taking steps to submit certain required documents, such as an environmental impact analysis, required to obtain a new environmental licence. |
Semen Indonesia IDR6trn expansion06 January 2017, Published under Cement NewsSemen Indonesia has designated IDR6trn (US$449.1m) for capital expenditure in 2017 to finance its expansion programme. The programme includes the development of four plants set to add 10.5Mta to the company’s current installed capacity of 32.3Mta. Two plants are already under construction. Approximately IDR1trn of the year’s spending will be channelled into the construction of the Rembang plant in Central Java and the Indarung VI plant in Padang, West Sumatra, which have both entered into... |
Protests again Semen Indonesia plant06 December 2016, Published under Cement NewsApproximately 300 people from Rembang, Central Java, have marched 150km in protest of the construction of a cement plant in the area by state-owned Semen Indonesia. The march was undertaken in a bid to force Central Java Governor, Ganjar Pranowo, to revoke the environmental permit issued to Semen Indonesia for the project in 2012. |
Semen Indonesia19 October 2016, Published under Cement NewsDespite missing out on its bid to win shares in Holcim (Lanka) Ltd in Sri Lanka back in July, Semen Indonesia says that it is pushing ahead with its expansion plans throughout the ASEAN region. 2016 will see the commissioning of its new 8000tpd, greenfield plant near Rembang in Central Java, forming part of the company’s plan to target production of up to 100Mta by 2030. This is despite a recent decision by Indonesia’s Supreme Court to cancel an environmental permit for the plant, which is c... |
Semen Indonesia to continue Rembang construction12 October 2016, Published under Cement NewsDespite the decision of Indonesia’s Supreme Court to cancel an environmental permit for Semen Indonesia's Rembang plant, the cement producer will continue the construction of the works. Semen Indonesia's Corporate Secretary, Agung Wiharto, said: "As a publicly-listed state owned company, the management will comply with the legally-binding court decision ...(but,) until we receive the official copy of the ruling, we'll continue construction.” The project represents an investment of ID... |