Displaying items by tag: Indonesia
Indonesia: A joint venture between the State Development and Investment Corp (SDIC) and Anhui Conch Cement Company will start production at its 1.5Mt/yr plant in Manokwari, West Papua in July 2016. Hu Xiaohong, PT Conch-SDIC Papua Cement Indonesia’s head of general affairs, said that the first phase of the US$400m plant was nearly complete, in comments reported upon by the Jakarta Post.
Indonesia: Semen Indonesia has appointed Rizkan Chandra as its new president director at its annual general meeting. He will hold the post of president director until 2020. Rizkan Chandra replaces Suparni.
Rizkan Chandra, aged 47 years, has previously served as the director of Semen Indonesia (Persero) and worked for Telekomunikasi Indonesia (Persero), Telkomsel and Sigma Cipta Caraka. He holds an undergraduate degree in Informatics Engineering and a master’s degree in Management of Technology from the National University of Singapore.
Indonesia: State-owned cement producer Semen Baturaja has received a US$115m bank loan to build a new cement plant in Sumatra. The plant will have a cement production capacity of 1.85Mt/yr and it will be operational by June 2017. The project is expected to cost US$252m, according to Investor Daily. The plant was originally announced in 2014.
Indonesia: Indocement Tunggal Prakarsa has purchased stakes in marine transport services firm Lintas Bahana Abadi through the company's subsidiaries, Bahana Indonor and Indomix Perkasa. The acquisition is expected to support Indocement's business activities, particularly in the marine transport segment, according to Indonesia Finance Daily.
“Bangun Sukses Niagatama Nusantara will divest its shares in Lintas Bahana Abadi to Bahana Indonor and Indomix Perkasa for US$2.1m. The acquisition is fully funded from the two subsidiaries' internal cash,” said Christian Kartawijaya, President Director of Indocement Tunggal Prakarsa. Lintas Bahana will become a subsidiary that is indirectly owned by Indocement.
Indonesia: Semen Indonesia has reported that its net profit fell by 18.7% year-on-year to US$337m in 2015 from US$415m in 2014. Its revenue fell slightly to US$2.01bn. The cement producer’s director Suparni attributed the fall in net profits to an increase in electricity and distribution costs, as well as the depreciation of the rupiah against the US Dollar.
Semen Indonesia plans to increase exports in 2016 in order to counteract falls in sales in the domestic market, according to local press. The company expects to begin operations at two new cement plants, Indarung VI in West Sumatra and Rembang in Central Java, in the third quarter of 2016. The two cement plants will have production capacities of 3Mt/yr each.
Indonesia: ABB, a power and automation technology group, has won an order from Tianjin Cement Industry Design & Research Institute Co. Ltd, a subsidiary of Sinoma Group, for a variable-speed drive solution for a dual pinion ball mill at the PT Semen Bosowa Maros cement plant in Indonesia.
The equipment will be delivered in March 2016 and commissioned in the third quarter of 2016. ABB was selected for that project because the end customer is satisfied with earlier deliveries for the first cement grinding line at the plant, including a gearless mill drive (GMD) and a vertical mill with ABB slip ring motors.
"ABB's solution was favoured for several reasons, not least because of the high level of efficiency offered by the permanent magnet motors used and the absence of a gearbox in the system, which maximises availability and reliability," said Rachid Hamdani, Project Director of PT Semen Bosowa Maros.
This will be the first drive system for a grinding application with permanent magnet motors in this power range. The solution has the highest efficiency among all variable-speed drive systems and will raise productivity at the plant, while minimising electricity consumption.
Tianjin Cement Industry Design & Research Institute orders two Loesche LM 53.3+3 CS mills for PT Semen Baturaja05 January 2016
Indonesia: Tianjin Cement Industry Design & Research Institute Co., Ltd. has placed an order for two type LM 53.3+3 CS LOESCHE mills for clinker grinding for PT Semen Baturaja. Each of the clinker grinding mills has a designed a capacity of 175t/hr and material is ground to a fineness of 3400 Blaine. Each mill is fitted with a gearbox with a power of 4200kW.
The lead time for the main components of the mill is nine months and the gearboxes are supplied within 12 months.
Indonesia: 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.
Indonesia: 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.
Indonesia: 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.