Displaying items by tag: Indonesia
Indonesia: Indocement has ordered seven Loesche vertical roller mills for a new production line at the Citeureup cement plant, south of Jakarta. Citeureup currently comprises nine kiln lines with a total cement capacity of 11.9Mt/yr, making it one of the largest cement plants in the world.
Two type LM 56.4 mills have been ordered to grind raw materials for cement. Each will have a capacity of 400t/hr at a product fineness of 10% R 90 µm. Two type LM 28.3 D mills are intended to grind coal and have a capacity of 40t/hr at a product fineness of 12 % R 90 µm. Indocement has ordered three type LM 56.3+3 mills to grind clinker. Each mill will be producing 240t/hr of PPC cement with a fineness of 19% R 32 µm.
In addition to supplying vertical roller mills, Loesche will also be responsible for the cyclones, dedusting filters, fans and corresponding hot gas generators for the cement mills. Delivery for Citeureup plant will start at in August 2014.
Holcim Indonesia sells less amid temporary overcapacity
02 August 2013Indonesia: Holcim Indonesia has reported that market oversupply has caused lower cement sales in the first half of 2013 than in the first half of 2012. Sales volumes dropped by 1.3% to 4Mt between January 2013 and June 2013.
"The company had foreseen the contraction after a similar dip in the first quarter, the first time after eight consecutive quarters of growth," said Holcim Indonesia's president director Eamon Ginley.
In the first quarter, Holcim Indonesia reported that its cement sales volume had declined by 1.6% to around 2Mt. Ginley said the condition was temporary as demand would continue to increase over the medium to long terms, citing government and private sector investments in infrastructure and housing.
Semen Indonesia plans to invest up to US$2bn by 2016
24 July 2013Indonesia: Semen Indonesia plans to invest up to US$2bn on expansion projects by 2016, according to the Jakarta Post. The company's finance director Ahyanizzaman was cited as saying that the government-owned cement producer would prepare and invest thee funds in separate stages with around US$190m earmarked for investment in 2013.
Semen Indonesia, which accounts for nearly 50% of the total cement sales in Indonesia, is looking to increase its cement production capacity to 40Mt/yr by 2017 from 30Mt/yr at present to meet the rising demands in Southeast Asia. It plans to around US$580m in 2014 and 2015, and around US$380m in 2016.
Indonesian cement sales growth slows in H1
17 July 2013Indonesia: Indonesian cement sales growth has fallen to 7.5% at 27.8Mt for the first six months of 2013 from 25.9Mt in the same period in 2012, according to the Indonesian Cement Association (ASI). Year-on-year sales grew by 15% for the January to June period between 2011 and 2012. The deceleration in cement sales is expected to continue in the second half of 2013 due to a reduction in infrastructure development.
Reasons for slower national growth in the first half of 2013 include fewer infrastructure projects, falling commodity prices that have affected development in resource-rich provinces and more frequent rain, according to ASI chairman Widodo Santoso. Sales in Java, the main driver of growth in the first months of 2013, rose by 9.2% to 15.5Mt. Meanwhile, sales outside Java rose by 5.38% to 12.4Mt.
State-owned cement producer PT Semen Indonesia said that the 7.5% growth in nationwide cement sales was still higher than sales growth before 2011. Figures from the ASI showed domestic cement sales rose 14.5% in 2012, 17.7% in 2011, 6% in 2010 and only 0.9% in 2009.
Semen Indonesia's pace ahead of national average
12 June 2013Indonesia: PT Semen Indonesia's sales in the January 2013 to April 2013 period reached 7.91Mt, a year-on-year rise of 19% from 6.65Mt compared to the same period of 2012. PT Semen Indonesia's sales rose by far more than the national average for all cement producers, which grew by 8.6% over the same time period.
The company's cement sales in Kalimantan rose by 11.4% in the period of January to April 2013, reaching 1.47Mt. The highest sales growth rate, 23.1% year-on-year was recorded in Nusa Tenggara. The company said that the cement market in Kalimantan was still full of potential and continued to grow in line with increasing infrastructure development in the region.
In South Kalimantan sales by PT Semen Indonesia Group (Semen Gresik and Semen Tonasa) in the same time period rose from 108,470t to 112,770t.
Indonesia: PT Semen Baturaja is seeking to raise up to US$163m in an initial public offering (IPO) in June 2013, officials have said. It will use the proceeds to increase its cement production capacity to 2Mt/yr.
The state-owned cement producer plans to sell 2.34bn shares, equivalent to 23.8% of the company after the issuing. It will sell the shares in an indicative price range of US$0.05–0.07 each, according to State Enterprises Ministry strategic planning deputy Wahyu Hidayat.
"We're targeting production to reach 2Mt this year from 1.2Mt in 2012. We will invest about US$270m in a new 1.85Mt/yr plant. We aim to start operation of the additional capacity in the fourth quarter of 2016," said chief executive Pamudji Raharjo. The offering is scheduled for between 20 June 2013 and 24 June 2013.
Indocement losing market share in Q1
22 May 2013Indonesia: Indocement Tunggal Prakarsa, a leading Indonesian cement producer, saw its market share fall from 32.5% to 30.6% in the first three months of 2013. A report by the Jakarta Globe attributed the decline due to other cement producers raising their production levels to match growing infrastructure development programs in the country. However, Indocement said that it actually believed in protecting margins rather than increasing its sales.
The HeidelbergCement subsidiary saw its domestic sales increase year-on-year by 2.1% to 4.2Mt for the first three months of 2013. However, the Indonesian cement industry as a whole saw sales volumes of cement rise by 8.6% to 13.6Mt for the quarter.
"Our competitors have managed to add to their cement production capacity, thus resulting in our sales volume being not quite as high as expected," said Indocement's Finance Director Tju Lie Sukanto.
Indonesia: Cement plant projects for operation in 2014 are being planned by four companies in the Lebak regency of Banten province in Java, according to the district office of a local investment board. PT Gamma is in the final phase of construction for its 4Mt/yr cement plant. PT Siam, PT Tri Utama and PT Pos Perdi are still in the process of seeking licenses and procuring land. The plants are to be built in the sub-districts of Muncang, Sajira, Cibeber, Bayah and Cilograng.
Holcim Indonesia to build capacity by 40% to 12.5Mt/yr
02 April 2013Indonesia: Cement producer Holcim Indonesia has announced plans to expand its production capacity by 40% to 12.5Mt/yr. Eamon J Ginley, Holcim Indonesian president director, released the news at a press conference in Jakarta reported on by the Jakarta Globe.
Ginley said that the increased output will come from the operation of Tuban 1 plant that will begin production in the second quarter of 2013, along with the acquisition of Tuban 2 plant in East Java. The capacity of both plants is estimated to be 1.7Mt/yr, adding 3.4Mt/yr to the company's current output of 9.1Mt/yr. Tuban 2 is expected to be completed in 2015. According to Ginley, Holcim Indonesia is investing more than US$800m - raised from internal cash, export credits and other loans - to boost its production capacity.
Overall in Indonesia, local and foreign producers have set aside US$6.7bn until 2017 on capacity expansion. This investment is expected to boost the country's cement production capacity by 80% to 109Mt/yr in 2017 from 60.5Mt/yr in 2012.
Semen Indonesia to build US$200m plant in Myanmar
27 March 2013Myanmar: Indonesia's largest cement producer PT Semen Indonesia, formerly Semen Gresik, has announced that it will build a US$200m cement plant in Myanmar early in 2014 as part of its expansion into the Southeast Asian market.
The company may pitch about US$70m for the plant, which it would set up with its Myanmar partners, as it aimed to control about a 40% stake in the planned joint venture, said president director Dwi Soetjipto in a press event reported by the Jakarta Post. The construction of the cement plant, designated with a capacity of 1Mt/yr, is scheduled to start in early 2014, while operations are expected to begin in 2017. Based on the firm's plan, the new plant will serve the Myanmar market and neighbouring countries like Thailand and Bangladesh.
The move by Semen Indonesia follows its acquisition of Vietnam's largest cement producer, Thang Long Cement Joint Stock Company, in late 2012. It now aims to expand its annual capacity to 6.5Mt/yr from 2.3Mt/yr by establishing two new plants. At home in Indonesia, Semen Indonesia is also preparing for capacity upgrades with the construction of cement plants in Rembang, Central Java and Padang, West Sumatra, both with production capacities of over 2.5Mt/yr.
In 2013 the firm has targeted a domestic market share of up to 44%, up from 41% in 2012, supported by increased output to around 27Mt from 22.6Mt in 2012, according to Dwi. The overall domestic cement market is estimated to increase by more than 10% to 6Mt in 2013, according to the Indonesian Cement Association.