Displaying items by tag: PT Semen Indonesia
Scramble for LafargeHolcim’s Indonesian unit
17 August 2018Indonesia: The sale of LafargeHolcim's Indonesian unit has sparked the interest of several potential buyers in the region. Names in the ring include Japan's Taiheiyo Cement, Malaysia’s YTL Corp and Indonesia’s PT Semen Indonesia, according to Bloomberg reports that cite unnamed sources. PT Indocement Tunggal Prakarsa is also reported to be interested. Bloomberg reports that LafargeHolcim could seek as much as US$2bn for the unit, which has 15.5Mt/yr of capacity across seven plants.
Semen Indonesia commissions new cement packing plant in Indonesia
13 November 2015Indonesia: PT Semen Indonesia will commission a new cement packing plant in Pontianak, West Kalimantan, according to company Sales Department Chief Bambang Djoko.
"The packing plant will strengthen the position of Semen Indonesia in the cement industry in West Kalimantan and in the country in general. Currently the company has a 35% share of the cement market in the province," said Djoko. "Infrastructure development in Pontianak and West Kalimantan in general has been especially fast, opening better opportunities for the cement market in this region."
Mukhamad Saifudin, the Commercial Director of Semen Gresik, the parent company of Semen Indonesia, said that sales of Semen Gresik in West Kalimantan had increased by 0.5% year-on-year to 117,000t tons in the first 10 months of 2015. Saifudin attributed the increase in sales to construction of road infrastructure, shopping malls, hotels and tourist resorts in Singkawang. Starting in August 2015, sales of Semen Gresik in the province have continued to increase. Saifudin said that bagged cement accounts for 75% of the company's cement sales, indicating that the property sector accounts for the largest part of sales.
PT Semen Indoensia plans feasibility study for cement plant in Aceh
12 November 2015Indonesia: PT Semen Indonesia is conducting a feasibility study in Aceh in connection with its plan to build a cement plant in Pidie, Aceh.
"Our partner is ready to build a cement plant in Aceh. We are now in the process of completing the feasibility study. The ground-breaking ceremony is expected to take place in 2016 if all the processes go well," said the company's President Director, Suparni. He noted that around US$257 – 294m will be invested to develop the 3Mt/yr cement plant, excluding the infrastructure cost. He added that the company will set up a joint venture for the project with a local company in which PT Semen Indonesia will later be the majority stockholder, with more than 70%. "It is forecast that the construction will be completed in 2019 - 2020," said Suparni.
The cement plant would target consumers in the eastern parts of Sumatra and North Sumatra, with a possibility of exporting some of its production to Myanmar, Malaysia, and Singapore. It will also target Bangladesh in view of the country's cement needs, which have so far only been met through imports. "Bangladesh only has one cement plant that cannot fully meet the country's demands. Around 85% of the country's needs are met through imports," said Suparni.
Suparni claimed that the efforts to boost exports will also be made following the completion of Semen Indonesia's 3Mt/yr Indarung VI plant in West Sumatra and a 3Mt/yr plant in Rembang, Central Java, in the third quarter of 2016.
Semen Indonesia’s cement production to reach 30Mt in 2016
30 October 2015Indonesia: PT Semen Indonesia's CEO Suparni has predicted that company production will reach 30Mt in 2016 and is optimistic that sales performance will improve in the fourth quarter of 2015 until next year.
"In 2016 we will increase the number by 5%. This year is at 28.6Mt, so it's almost 30Mt," said Suparni. "Starting in August 2015, we recorded an increase that has continued to rise until this day." Since August 2015, the company's plant in Padang, Gresik and Tonasa have begun to achieve maximum utilisation. Suparni also said PT Semen Indonesia has started to supply some infrastructure projects whether for both the government and private companies. "Those projects include tolls, dams and others," said Suparni.
Looking by the numerous infrastructure projects that have been worked on, Suparni predicts that next year's company expenditure will rise by 20 – 25%. He also expects PT Semen Indonesia's earnings to increase by 5 – 6% as prices will increase.
DWI Soetjipto selected as Pertaminas CEO by Indonesian Government
02 December 2014Indonesia: The Indonesian government has selected PT Semen Indonesia president director Dwi Soetjipto as the next president director and CEO of the country's state-owned oil and gas firm PT Pertamina, following interim chief Muhamed Husen, who took over on 1 October 2014 from Karen Agustiawan. As of 28 November 2014, Soetjitpto is leading Pertamina.
Soetjipto managed PT Semen Indonesia's troubled unit, PT Semen Padang, between 2003 and 2005, where his success in overcoming widespread worker's opposition to the government's plan to sell a controlling stake in the firm to Mexico's Cemex landed him the top post in Semen Indonesia.
Soetjipto gained a Bachelor Degree in Engineering from the Sepuluh Nopember Institute of Technology in Surabaya, East Java, a Masters in Management from the Andalas University in West Sumatra and a PhD in Management from the University of Indonesia in Depok, West Java.