US$250 million contract signed to add second line at Tuban
• First cement from Tuban 1 mill in June 2013
• Tuban 2, a second 1.7 mt production line due in H1 2015
PT Holcim Indonesia Tbk gave notice today of its intention to continue investing and expanding in the high growth cement sector by signing key equipment and installation contacts for a second cement kiln ‘Tuban 2’ at the company’s Merkawang - Tuban site.
The company’s soon-to-be-completed Tuban 1 will commence milling operations in June this year, less than 30 months after groundbreaking in 2010.
At the contract signing Eamon Ginley, President Director of Holcim Indonesia, said “We are delighted to continue our relationship with ThyssenKrupp Polysius who are assembling and installing our Tuban 1 facility. By proceeding immediately with Tuban 2 we will double our capacity from this single site, in order to ensure that we can continue to help meet Indonesia’s rising cement demand.”
Representing ThyssenKrupp Polysius, Dr.–Ing Detlev Rose, Chairman of the Executive Board responded, “We share Holcim’s commitment to the rapid expansion of the Indonesian cement industry and the highest engineering standards that will be present.”
Tuban 1 and 2 represents a considerable investment – in total over US$800 million - by Holcim in contributing to the future of the cement industry and addresses capacity constraints in the fast growing Java market as well as being able to supply outer island markets by sea. Mr. Ginley concluded, “In addition to providing the latest in cement technology, the realisation of these investment plans, is very good news in terms of local job and career opportunities, and support for local commerce as the building industry grows.”
About PT Holcim Indonesia Tbk
PT Holcim Indonesia Tbk (Holcim Indonesia) is a publicly listed company which its majority stake (86.35%), is owned and managed by Swiss-based Holcim Group, one of the world’s largest cement companies with more than 85,000 employees and production capacity of more than 170 million tons of cement.
As one of the largest cement companies in Indonesia, PT Holcim Indonesia Tbk maintains integrated businesses of cement, ready-mix concrete, and aggregates production. The company operates three cement plants in Narogong-West Java, Cilacap-Central Java, Tuban 1-East Java and a grinding facility in Ciwandan-Banten with total capacity of 11 million tons of cement and employs more than 2,500 employees.
PT Holcim Indonesia Tbk operates a domestic building material supply network, which covers special distributors, retailers, masons, and Solusi Rumah outlets – the outlet provides housing design service, building materials, building consultation, and financing access. All under one roof.
||Diah Sasanawati (Anna)|
|Relationship Management Director||Corporate Communications Manager|
|PT Holcim Indonesia Tbk||PT Holcim Indonesia Tbk|
|Mobile: 0811 860375||Phone Number: +62 21 29861000 ext 8361|
|Mobile: 0813 81818554|
|e-mail: email@example.com||e-mail: diah.sasanawati(at)holcim.com|
|website: www.holcim.co.id||website: www.holcim.co.id|