US$360mn factory for Semen Indonesia

A plant will be constructed by Semen Indonesia (Semen) with up to US$360 million (€327.01 million) in investment. Work is expected to start some time in 2016, and a local partner has been secured by the company for the project. It is anticipated that some 3 million tonnes of cement will be produced annually by the plant. At present, Semen Indonesia is examining the prospect of setting up the cement plant in Pidie. Work on a plant is also being carried out by Semen in Papua, and operation at the US$

November 2, 2015 Read time: 2 mins

RSSA plant will be constructed by 7818 Semen Indonesia (Semen) with up to US$360 million (€327.01 million) in investment.

Work is expected to start some time in 2016, and a local partner has been secured by the company for the project. It is anticipated that some 3 million tonnes of cement will be produced annually by the plant.

At present, Semen Indonesia is examining the prospect of setting up the cement plant in Pidie.

Work on a plant is also being carried out by Semen in Papua, and operation at the US$150 million facility is expected to start in 2019.

Plans are also in place to launch a plant in East Nusa Tenggara.

A memorandum of understanding (MoU) has been sealed by Semen with Semen Kupang. Cement produced at the East Nusa Tenggara plant will potentially be exported to Australia.

Meanwhile, Semen Indonesia has reported revenue of IDR 19.11trillion (€1.26 billion/US$1.39 billion) as at the end of September 2015, down by 1.2% from IDR 19.35 trillion a year ago.

Revenues were at IDR 11.6trillion during the quarter, up 6.5% from the same quarter a year ago. Its net profit during the third-quarter of 2015 was at IDR 3.2trillion, a year-on-year drop of 21.6%.

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Semen Indonesia

Semen Indonesia to halt 2015 expansion plans

In view of the slow domestic demand for cement, Semen Indonesia, Indonesia's biggest cement maker, will halt its expansion plans for 2015.

It will continue with projects that have already got off the starting block, but other projects could be delayed.

September 26, 2014

Semen Indonesia seeks IDR 840bn loans for cement plant

Bank loans worth between IDR 600 billion (€39.29 million/US$50.20 million) and IDR 840 billion are being sought by Indonesia-based cement manufacturer Semen Indonesia for financing the set-up of a new cement plant in Papua's Jayapura.

The company will likely secure the loans in 2015, while the plant will commence construction in 2015. The plant is worth IDR 1.2 trillion and it will be Papua's first cement plant. The plant will be able to manufacture between 600,000tonnes and 1 million tonnes of cement.

February 23, 2015

Holcim’s 2014 sales

September 23, 2014

Semen Indonesia to invest IDR 1.2tn to set up new plant

According to the President of Semen Indonesia, Dwi Soetjipto, the cement company plans to invest IDR 1.20 trillion (€78.01 million US$100.23 million) to set up a new cement plant in Jayapura, Papua.

The cement demand for Papua-Maluku is projected to reach 1.5 million tonnes/year.

Demand for cement in Papua during the first eight months of 2014 was at 787,000tonnes. The new plant will have a capacity of between 600,000tonnes-1 million tonnes/year.

The plant construction is expected to take around th