Displaying items by tag: Semen Indonesia
Thang Long Cement exports 30,000t of cement to Peru
11 December 2013Vietnam: Thang Long Cement has exported 30,000t of cement cargo in bulk packed with Jumbo bags to Peru. This is the first and largest shipment of cement the Semen Indonesia subsidiary has exported to Peru in 2013. Since May 2013 Thang Long Cement has exported over 750,000t of products.
Indonesia: JFE Engineering Corporation has started work on a 28MW waste heat recovery (WHR) project for PT Semen Indonesia, the leading state-owned cement company in Indonesia. The WHR project will be designed and manufactured by the Japanese engineering firm with installation by local contractors at the Tuban cement plant in West Java. Commissioned of the plant is scheduled for the end of 2014.
The Semen Indonesia project is the second WHR build JFE Engineering has undertaken in Indonesia following a previous project for Semen Padang. This project is expected to reduce CO2 emissions by 130,000t at full load operation. Further collaboration between JFE Engineering and Semen Indonesia, following a strategic agreement signed on 23 October 2013, will see coordination between the companies on WHR projects and waste management in Indonesia and Vietnam.
The project from JFE Engineering is part of a feasibility study of the Joint Credit Mechanism (JCM) by the Ministry of Environment of Japan (MOEJ), to offset Japan's emissions targets through low carbon projects overseas. Once awarded accreditation on the scheme, the project will be supported by a subsidy from the MOEJ.
Semen Indonesia reports 16% cement sales increase to 16Mt
16 September 2013Indonesia: Indonesia's largest cement producer, Semen Indonesia has reported a 16% increase in cement sales year-on-year for the period January to August 2013 to 16Mt. This increase was supported by a 15% sales growth in the domestic market to 15.8Mt. Exports rose by 373% to 191Mt.
Semen Indonesia President Director Dwi Soetjipto said that the sales increase was also supported by the operations of its cement plants, Tuban IV and Tonasa V. In the first eight months of 2013 Semen Indonesia grew its market share to 44% from 40.2% in the same period in 2012. Semen Indonesia contributed to the majority of sales at 51.2%, followed by its subsidiary Semen Padang at 27.5% and Semen Tonasa at 21.2%. Semen Indonesia reported that its profit rose by 22.9% year-on-year to US$227m for the first eight months of 2013. Revenue rose by 31.9% year-on-year to US$1bn.
In 2013, Semen Indonesia aims to increase its cement production by 23.1% to 27.7Mt/yr from 22.5Mt/yr.
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.