Indonesia: Holcim Indonesia has officially inaugurated its new 1Mt/yr cement terminal in South Lampung. The event was attended by the Vice Regent of South Lampung Regency, Nanang Hermanto, the representatives of the Ministry of Industry and the Board of Directors of Holcim Indonesia. The US$26m project was started in 2014 and it will process bagged and bulk cement. It is intended to serve markets in Sumatera Island, especially in Lampung.
“We want to get closer to our customers and ensure secure supply to meet local demand in Lampung. This terminal applies the latest technology and environmental-friendly equipment and a jetty to support the operation,” said Gary Schutz, President Director of Holcim Indonesia.
Schutz also addressed the country’s economic slowdown and decreasing demand for cement by calling for the government to invest in delayed infrastructure projects. He said that numerous additions to the national cement production capacity has led to a ‘drastically’ over-supplied market outpacing demand by far for the next six to 10 years.