Holcim Strengthens Presence By Inaugurating A Cement Terminal in Lampung

11 November, 2016, 21.33 WIB Last Updated 2016-11-11T14:34:12Z

LAMPUNG  - Holcim Indonesia officially inaugurated its new cement terminal in South Lampung, 11 November 2016. The inauguration of the 1 million ton cement distribution terminal(bag and bulk) per annum was attended by the Vice Regent of South Lampung Regency, NanangHermanto, the representatives of the Ministry of Industry, and the Board of Directors of PT Holcim Indonesia Tbk.

Started off the USD 26 million worth investment two years ago, the cement terminal complementsHolcim’s presence to serve the market in Sumatera Island especially in Lampung. “We want to get closer toour customers and ensuresecured supply to meet the local demand in Lampung.This terminal applies the latest technology and environmental friendly equipment and a jetty to support the operation”, said Gary Schutz, President Director of PT Holcim Indonesia Tbk.

Concerning the economy slowdown and sluggish domestic cement market, Gary Schutz underlined Holcim’s commitment to invest and the Government’skey role torestore the balance of demand and supply by spending on delayed projects that will affect other sectors such as housing and commercial building. “The economy slowdown is not the only challenge for the cement sector in particular. The numerous addition to the national cement production capacity has led to a drastically over-supplied market outpacing demand by far for the next 6 – 10 years,” he added.

Furthermore, Gary addressed his appreciation to the stakeholders for the given support and partnership, especially the Government of South Lampung Regency and the local community throughout the project. “This terminal is also built with the acceptance and support of the locals. We are committed to build relationship based on mutual respect and trust with all of our stakeholders. We believe that by fulfilling our social responsibilities, we can add value to our business and stakeholders,” said Gary.[*]