Displaying items by tag: Indonesia
Indonesia: PT Holcim Indonesia has said that it expects its new plant in Tuban, East Java, to start operations during the first half of 2015. Spokesperson Deni Nuryandain said that the plant would increase the company's production capacity by 3.4Mt, or 40%. "Our total production capacity will reach 12.5Mt /yr," he said. Deni added that currently, Holcim has started operating its new plants in Narogong, West Java, and Cilacap, Central Java.
Indonesia: 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.
Pakistan: Cement producers in Pakistan are considering sourcing their coal from Indonesia instead of South Africa. The move is in response to an on-going investigation initiated by the International Trade Administration Commission (ITAC) on alleged dumping of Portland Cement from Pakistan.
The ITAC intends to finish its investigation by the end of January 2015 with the introduction of a preliminary antidumping duty on import of Pakistan cement in South Africa, according to Pakistan local media. Pakistan's Ministry of Commerce has also raised the matter with its South African counterpart in the meeting of Joint Trade Commission (JTC) of the two countries in South Africa in November 2014 but so far no consensus has been reached between the two countries.
Industry sources have said that five to six Pakistan-based exporters of cement constitute the biggest buyers of South African coal. Pakistan is the third largest buyer of coal from South Africa after China and India. Local cement makers collectively import 3Mt/yr of coal worth US$240m from South Africa and export around 1.3Mt/yr of cement worth US$120m.
Indonesia: Semen Indonesia has commenced the construction of a 30.6MW waste heat recovery power generator (WHRPG) in an effort to reduce the company's electricity costs.
The facility will be located at Semen Indonesia's cement plant in Tuban, East Java and will cost US$52.9m. The power plant will make use of the heat generated from the cement plant. Construction is expected to take 26 months. Operations are expected to start in the second half of 2016.
In 2013, Semen Indonesia signed a memorandum of understanding (MoU) with Japan's JFE Engineering Corporation for the WHRPG construction. "This will be the first project in Indonesia where waste heat in the whole area is utilised to supply the power plant," said Semen Indonesia president director Dwi Soetjipto. The company has applied similar technology at its Indarung facility in Padang, West Sumatra, on a smaller scale. Indarung power plant's capacity is 8.5MW and it started operation in 2011.
Once the power plant is completed, Semen Indonesia will be able to supply about one third of the company's energy needs at the Tuban plant. It could save US$9.95m/yr in electricity costs.
Indonesia: Following its plan to build a cement plant in Papua, Semen Indonesia has said it will soon expand to the west and develop another cement plant in Aceh Province to fulfil increasing local demand.
Semen Indonesia finance director Ahyanizzam said that the company was considering developing a cement plant in Aceh, as well as in Sulawesi and Kalimantan, in addition to its plan to set up a plant in Papua. Each of the plants would have up to 3Mt/yr of cement production capacity. The investment would be around US$352m, which would be sourced from bank loans. He added that Semen Indonesia is currently looking for suitable locations for the plants. "We expect to start working on the Aceh project in 2015," said Ahyanizzam.
Semen Indonesia expects cement demand in the province to rise due to the construction of the Trans Sumatra highway, a 2700km toll road project that stretches from Aceh to Lampung in 24 sections, connecting major cities in Sumatra. Four sections of the toll road began construction in October 2014 and are expected to be completed in 16 months, absorbing US$4bn of investment. The four sections are designed to connect Medan to Binjai in North Sumatra, Pekanbaru to Dumai in Riau, Bakauheni to Bandar Lampung in Lampung and Palembang to Indralaya in South Sumatra.
Ahyanizzam added that the planned cement plants were also projected to help Semen Indonesia cope with rising cement demand from across the country. Demand is expected to grow by 4% in 2014 and by 6% in 2015.
Semen Indonesia produces 31.8Mt/yr of cement and has a 44% share of the country's cement market. The company plans to boost its cement production to 39.3Mt/yr by 2016 and to 40.8Mt/yr by 2017 with the help of its new plants.
India: Shree Cement is considering importing coal from Indonesia in 2015. The Indian cement producer is in talks with Indonesian mines, according to a report by India Coal Market Watch. The report said that Shree Cement had purchased around 1.5Mt of US steam coal in 2013 – 14. Part of this allocation was re-sold by the company to brick kiln-makers in Punjab, Haryana and Rajasthan. Shree Cement is believed to have secured its steam coal and pet coke requirements until December 2014.
Indonesia: Two Chinese companies signed an agreement on 25 September 2014 to invest in an Indonesian cement plant as part of investment cooperation measures that were agreed by China and Indonesia in 2013.
State Development and Investment Corp (SDIC) and Anhui Conch Cement Company will fund the project for the plant located in West Papua Province. After the construction is completed, the plant will have 3Mt/yr of production capacity, serving Indonesia and neighbouring countries, including Papua New Guinea. SDIC and Anhui Conch will have stakes of 51% and 49% respectively.
Indonesia: Semen Indonesia is seeking US$50 - 70m in bank loans to help finance the construction of a new cement plant in Jayapura, Papua. The company has recently announced its intention to construct the first cement plant in the country's most eastern Province, in order to meet the region's demand potential and to reduce distribution and logistics costs.
"For the Papua plant, we will seek external funds like from loans on top of equity injection," said Semen Indonesia's finance director, Ahyanizzaman.
He said that Semen Indonesia is still looking for suitable land and bank loans are expected to be secured in 2015. Semen Indonesia is completing the feasibility study for the project, which is slated to have a capacity of 0.6 - 1Mt/yr. Construction is anticipated to start in 2015.
Indonesia: PT Semen Indonesia is considering the construction of a cement plant in Papua in a bid to supply the market in the country's easternmost province. Semen Indonesia president director Dwi Soetjipto said the location of the plant would be either in Jayapura or Manokwari, the two largest cities close to limestone reseerves, according to local media. The plant will have a cement production capacity of 0.6 – 1Mt/yr with an investment of up to US$100m.
"We hope the study can conclude soon so that we can include the investment needed for the plant in our next year's capital expenditure budget. It might take around three years to construct the facility before it can commence commercial operations," said Dwi Soetjipto.
According to Semen Indonesia's estimates, Papua consumes around 600,000t/yr of cement, or 40% of the total eastern Indonesia cement consumption of 1.5Mt/yr. Semen Indonesia supplies around half of Papua's cement market. With the new factory, it is expected to increase its market share to around 70%.
The company has projected that cement demand in Papua will hit around 900,000t/yr from around the time the company has finished building its new plant.
Increasing its market share in the region will place Semen Indonesia in competition with Indocement Tunggal Prakarsa and Semen Bosowa. Currently the company supplies the Papua market from its subsidiaries Semen Gresik in East Java and Semen Tonasa in South Sulawesi.
In 2013 Semen Indonesia built a rotary packing plant in Sorong, West Papua at a cost of US$13.8m. The plant produces 2200 bags per hour and currently supplies 300 - 400t/day of cement to the West Papua area.
Vietnam: In the first seven months of 2014, Vietnam earned US$563m from the export of 13.1Mt of clinker and cement, a 24% rise year-on-year in value terms and a 20.4% increase in terms of volume. Indonesia, Taiwan and Malaysia were the largest importers of Vietnamese clinker and cement in this period, according to the Vietnamese Ministry of Industry and Trade.
Indonesia imported 1.42Mt of clinker and cement (worth US$69m), Taiwan bought 0.86Mt (US$37.6m) and Malaysia purchased 0.7Mt (US$34.7m). Cambodia was fourth with 0.29Mt (US$15.6m).
Vietnam's domestic cement sales are expected to rise by 9% year-on-year to between 49 - 50Mt in 2014, while cement and clinker exports are likely to hit 16 - 20Mt. The country exported 15Mt in 2013.