Displaying items by tag: Semen Kupang

Indonesia: The ground-breaking ceremony for Semen Indonesia’s new Kupang cement plant has been scheduled for 10 March 2017. The governor of East Nusa Tenggara, Frans Lebu Raya, told the Antara news agency that the preparation phase for the project had been completed. The new line will have a production capacity of 1.5Mt/yr and it will be situated in the Bolok Industrial District. The project has a budget of US$150m and it will take about three years to build. The new plant is a join-venture between Semen Indonesia and Semen Kupang. Both cement producers already operate cement plants in Kupang.

Indonesia: Semen Indonesia sealed an agreement on 15 October 2015 with Semen Kupang to build a 1.5Mt/yr cement plant in Kupang, East Nusa Tenggara in order to boost its distribution efficiency. The US$148m plant will cater to the cement needs in the areas around Kupang. Construction is expected to start in 2016 and cement production is expected in 2018.

Indonesia: Minister of State-Owned Enterprises Dahlan Iskan has said that he expects that Semen Kupang, a local cement company in East Nusa Tenggara that went bankrupt in 2008, will re-open and build a third plant to meet demand for cement in the region.

In 2008 Semen Kupang formed a joint operation scheme with Sarana Agro Gemilang (SAG) to cope with its debts. Dahlan explained that all of Semen Kupang's debt has been paid and that the company 'must' expand its business by developing the national cement industry to meet national demand.