Satya Dharma CPO Production Reaches 145,397 Tons

JAKARTA – PT Dharma Satya Nusantara Tbk (DSNG) increase the production of crude palm oil (CPO) to 145 397 tonnes in the first half of 2013, an increase of 31.1 percent compared with the same period last year.

Director of Dharma Satya Nusantara, Djojo Boentoro, revealing CPO sales volume also increased significantly by 30.5 percent to 147 693 tonnes. The Company also recorded an increase in the production of fresh fruit bunches (FFB) during the period January to June 2013 reached 555,570 tons, an increase of 28 percent year on year.

“TBS is processed to reach 600 350 tonnes, up 35.0% from a year ago, which is obtained from the core plantations, smallholders and third parties,” he said in a press release on Tuesday (30/07/2013).

He explained that the increase in FFB production volume due to increased crop area grown and the age of the company’s plants. Mature plants increased the total area of ​​42 333 hectares in 2012 to 48,470 hectares in 2013. Meanwhile, the productivity of FFB per hectare to 11.9 tonnes per hectare increased by 9% over the same period the previous year.

The company targets the padatahun new planting could be 8,000 acres, consisting of the core consisting of 4,200 and 3,800 for a plasma.

Related to financial performance, DSNG successfully posted net sales of Rp 1.7 trillion, or relatively equal to sales in the same period last year, in the midst of the recent decline in CPO prices.

East Sumba Build Seaweed Industry

Commitment of the Ministry of Maritime Affairs and Fisheries (MMAF) to develop the industrialization program of marine and fisheries sector, continue to be improved. Among them, for commodities seaweed, CTF rebuild seaweed processing factory PT. Algae East Sumba Lestari (ASTIL) Tanamanang Village, District Pahunga Lodu, East Sumba, East Nusa Tenggara (NTT).

According to the Director General of Aquaculture, Slamet Soebjakto, construction of the PT. ASTIL in East Sumba very precise. Seaweed processing plant is of great importance to accommodate the cultivation of seaweed around East Sumba particular and East Nusa Tenggara province in general. Establishment of PT. ASTIL very directly benefit society, especially because of the distance factor so as to reduce transportation costs. “The plant can produce seaweed chips as much as 2 tons / day of raw material 6 tons / day. Production capacity will be increased up to 10 tons / day. In 2012, this factory has been producing seaweed chips as much as 124 thousand kg and sold to several companies in the country, “he said.

East Sumba chosen, according to Slamet, because NTT East Sumba is one of the pilot areas minapolitan commodity seaweed. Statistics show that seaweed production in NTT Province in the year 2012 amounted to 398,000 tons. Of these, 1393.8 tons came from East Sumba. Therefore, the existence of the plant will be able to increase the added value of seaweed products. So the purpose of fisheries industrialization program that increases productivity, value added products and increase competitiveness and improve the welfare of the community, particularly in terms of employment and economic growth in the community. “The potential of seaweed farming land owned by East Sumba is quite large. This potential is expected to increase seaweed production that supports increased production nationally, “he said.

Synergy

Slamet explained, seaweed processing plant establishment PT. ASTIL This is tangible evidence of synergy between sector performance. Where, for machine processing seaweed into chips, is help the Ministry of Industry. While CTF provides space and building processing factories. East Sumba government that will support the working capital. “Synergy performance like this should be passed on to other areas. So that the development will progress rapidly because of the encouragement given a boost with the all have the aim of improving public welfare through the marine and fisheries sector, “said Slamet.

Slamet added, in 2013, the CTF has established seaweed industrialization in 6 Provinces. That is the province of East Java, West Nusa Tenggara, East Nusa Tenggara, South Sulawesi, Central Sulawesi and North Sulawesi province. Accelerated increase in seaweed production through industrialization program in 2013, is targeted to produce as much seaweed is processed 1,214,299 tons. Moreover, of the industrialization program seaweed is able to absorb the amount of 37 807 farmers as RTP. “While employment in this sector will increase to 415 462 people with production value reached Rp 1,138 billion,” he said.

July 90.474 Tons of Sugar Production

Sugarcane in Central Java has entered the milling season since last May. Of the target area of ​​76 762 hectares of sugarcane acreage suitable circulars governor, plants that have been millstones per July 15 new 20 297 hectares. Meanwhile, sugarcane production reached 1,405,679 tons produced.
Head Plantation (Disbun) Java Tegoeh Wynarno Haroeno states, crystal sugar produced from sugar cane milling realization this has reached 90 474 tons.
“The production of crystal sugar is produced from 14 sugar factories in Central Java. This number will continue to grow due to expire at the end of the cane milled October 26,” he said.
According to Teguh, future yield of milled cane yield (sugar cane) average of 6.44 percent. If the weather conditions are not going to support and continuous rain, the yield of sugarcane is believed to be lifted to 7.62 per cent.
Sugar self-sufficiency target this year to produce 368 thousand tons of sugar crystals are optimistic will be able to be realized. In fact, he is targeting the estimated potential taxation or surplus sugar crystals can be up to 415 167 tons. It welcomed the weather over the last 10 days are not rainy.
“Assessed Disbun target yield 7.62 percent, resulting in the production of sugar not only can achieve self-sufficiency but rather a surplus. Assessed I targeted 415 thousand tons, 368 thousand tons while the target,” he said.
Target of 368 thousand tons of sugar self-sufficiency was obtained from the Central Java peritungan population of 34 million. Where, per capita consumption of 12 kg / year. If 90 percent can be met, then the need for approximately 368 thousand tons of sugar.
Firmly asserted, the potential surplus of sugar in Central Java will be able to reduce the need for imports

Astra International Records Profit Rp 8, 8 Trillion

PT Astra International Tbk (ASII) posted a net profit of Rp 8, 8 trillion in the first semester of 2013, down nine percent compared to the same period in 2012 Rp9, 7 trillion.
“The performance of the company and its subsidiaries in the first semester of 2013 mennjukan a slight decrease from the first half of 2012,” said President Director ASII, Prijono Sugiarto in a press release here on Tuesday.
He added that Astra’s net income during the first six months of 2013 also decreased by two per cent to Rp94, 3 trillion, compared to the same period in 2012 amounted to Rp95, 9 trillion,

“Although the outlook remains positive domestic demand, increased competition in the automobile market, rising labor costs and declining commodity prices expected to affect the performance of the business in the second half of this year,” he said.
He argues Astra Group activities remain focused on six core business lines, namely the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.
Mentioned, several divisions which decreased net income in the first semester of 2013 the automotive division fell by 10 percent to Rp 4, 4 trillion. Net income and mining equipment division fell 24 percent to R1, 4 billion.
Then, the net profit agribusiness division decreased by 25 percent to Rp571 billion. And the net profit and logistics infrastructure division fell by 29 percent to Rp223 billion.
Meanwhile, the division has increased, the financial services division’s net profit rose 19 per cent to Rp2, 1 billion. And, net income and information technology division of Rp55 billion, up two percent compared to the first half of 2012.

CPO production in 2013 Projected 27.5 Million Tons

Production of crude palm oil (CPO) is projected nationally at 27.5 million tonnes by the end of the year, an increase over 2012, which reached 26.5 million tonnes.
“Until the first half production was down about 6-7 percent. But usually the second half production rose, probably to around 27.5 million tonnes by December,” said Secretary General of the Indonesian Palm Oil Association (Gapki) Joko Supriyono in Jakarta on Sunday.
Thus, he continued, the national CPO production in 2013 will continue to grow, although only one million tons.
“The increase in production of one million tons of CPO (2013) was a moderate,” said Joko.
Though he acknowledges, national CPO production last year rose quite large about three million tonnes from the year 2011 amounted to 23.5 million tons. Weather factors, it called, simply influence CPO production this year.
CPO production growth are only one million tonnes, he added, have an impact on national CPO stocks projected down in Inia.
“Last year the stock of CPO reached about five million tonnes. Years estimated at around two million tonnes,” he said.
Due to the large stock of last year, until the first half of this year the national CPO exports, he said, continues to grow about 29 percent, although production in the same period down 6-7 percent.
“Exports account for about 10.6 million tonnes by the first half, continued to grow approximately 29 percent over the same period of 2012, because there is a carry-over of stock last year,” he said. .

PLN: Net Profit Up 15 833 Percent

Company Limited reported a net profit of PLN in the first half of 2013 amounted to 15 833 percent compared to the same period of 2012.
Head of Commercial Division PLN Benny Marbun in Jakarta on Thursday, said the first half of 2013, net income reached Rp 4, 78 trillion, a significant increase of Rp 4, 75 trillion over the same period of 2012 which only 30 billion.
“The increase in net income was mainly due to tremendous rise in foreign exchange earnings which are noncash Rp 7, 6 trillion,” he said.
In the first half of 2012, the electricity SOEs suffered losses at Rp 6, 7 trillion, while the first half 2013 profit rate RP0, 9 trillion in order to obtain foreign exchange gain of Rp 7, 6 trillion.
Though, Benny continued, on the other hand an increase in interest expense and finance Rp2, 3 billion and increase the tax burden Rp1, 6 trillion.
According to him, the increase in foreign exchange gain of Rp 7, 6 trillion, mainly due to the appreciation of the rupiah against the yen by 10.4 percent even though at the same time the rupiah depreciated 2.7 percent against the U.S. dollar.
In the first half of 2012, the rupiah depreciated against both the yen and the U.S. dollar, respectively 2.4 percent and 4.5 percent.
“PLN pretty much liability in that decline yen yen positive impact on net income,” he said.
Benny also said that the first half of 2013 operating revenues rose 4.8 percent to Rp116, 7 billion when compared to the first half of 2012 amounted to Rp111, 4 trillion.
The increase in revenue, primarily from an increase in sales volume due to the addition of electric power customers and increase rates on a quarterly basis starting in January 2013 account.
Meanwhile, the operating expenses recorded Rp98, 3 trillion, up 3.6 percent compared to 2012 Rp94, 9 trillion.
“The increase in operating expenses among others, due to increased consumption of fuel and lubricants due to increased electricity sales and rising fuel prices,” he said.
Thus, he continued, first half 2013 operating income rose R1, 9 billion or 11.5 percent of Rp16, 5 trillion to Rp18, 4 trillion.
To EBITDA increased 10.1 percent to Rp30, 4 trillion from Rp27, 6 trillion.
The amount of non-current assets increased 2.6 percent to Rp484, 6 trillion on June 30, 2013 from Rp472, 1 trillion on December 31, 2012.
Current assets rose 0.9 percent to Rp69, 2 trillion on June 30, 2013 from Rp68, 6 trillion at December 31, 2012.
“The total number of the company’s assets at the end of Semester 1 in 2013 amounted to Rp553, 8 billion or increased by Rp13, 1 trillion from Rp540, 7 billion at December 31, 2012,” said Benny.

Analysts: Fear Makes Case IM2 Investors Capital Market.

JAKARTA – the current capital market investors worried about the telecommunications business pascaputusan court corruption (corruption) cases IM2. Equity analyst Pardomuan Sihombing explains, penalties and regulations that ensnare IM2 yet fully clear.
Pardomuan also assess the regulations are not clear as IM2 case could ensnare anyone who runs a business in the country. In this case the investors in the world’s capital markets.
“It could happen (investors will fear) that the decision was negative, meaning that is associated with the regulation of the telecommunications industry,” said Pardomuan Sihombing, Sunday (07/21/2013).
Pardomuan asserted, the current capital market investors require legal certainty. According to Pardomuan, IM2 case and rules in the telecommunications industry should be clear, so as to ensure the future development of the business.
“Investors who will invest in doubt whether an investment fund to be back or not, when the company suddenly entangled case,” said Pardomuan.
Pardomuan added that the symptoms have not been perceived concerns, the article of the legal process is not over. However, if there is already a binding verdict and declared IM2 guilty, then the impact will be felt.
“We all expect the final result will be better,” said Pardomuan.
Previously reported, the Corruption Court sentenced former Director of IM2, Indar Atmanto kuruangan 4 years with a fine of Rp 200 million, with subsidiary imprisonment of 3 months. Judge also sentenced IM2 pay fines of Rp 1.3 trillion. Judges cooperation-IM2 Indosat network there is an element of corruption.
This ruling a major impact, as almost all sectors of the telecommunications businesses registered as a public company is also running a similar business model. Including PT Indosat Tbk, PT Telkomsel, PT XL Axiata Tbk, PT Smartfren Telecom, PT. Bakrie Telecom Tbk and others.
Communication sector alone contributes to Rp 11.8 trillion in revenues and in 2012. This figure is the biggest revenue for Indonesia in addition to the energy and mineral resources.

Pertamina Increase Production of Lube Base Oil Refinery Cilacap LOC

PT Pertamina (Persero), SK Lubricants Co.., And PT Patra SK signed a Memorandum of Understanding (MoU) for the implementation of the feasibility study for a project to increase production capacity and marketing of lube base oil refinery LOC RU IV Cilacap.
The signing of the MoU by Pertamina processing director Chrisna Damayanto, CEO & President of SK Lubricants Kwan Ho Choi, and SK Patra President Personal Dadik in Jakarta,
The feasibility study will include technical, market, and economic aspects of the project will be the basis for the three companies to work together to increase the production capacity of the lube base oil refinery LOC RU IV Cilacap, from Group I to Group II. Through this partnership, LOC RU IV Cilacap refinery will be designed to be able to produce lube base oil Group II which has better quality and environmentally friendly, while still producing lube base of Group I.
The signing of this MOU is in line with Pertamina plans to accelerate expansion in the field of downstream Pertamina to realize the mission of profitable downstream. In addition, this project plans to reinforce the company’s commitment to improving Indonesia’s economy by controlling the domestic and regional markets, according to the vision of a World Class Energy Company and became Champion in Asia in 2025.
“The increase in lube base oil production capacity of RU IV Cilacap Refinery LOC is intended to capture the best possible opportunities in the trend of increasing demand for environmentally friendly lube base in the domestic market, regional and global. It is also in line with Pertamina’s commitment to maintain and preserve the environment, “said Vice President of Corporate communiation Mundakir Ali in a press release on Thursday (04/07/2013).
The feasibility study is expected during the period of 6-8 months. After the signing of this MOU, the three companies will form a joint team to finalize a focused strategic agreement to form a joint venture company.
South Korean companies, SK Lubricants, a leading global player in the field of production and marketing of a variety of lube base oil Group, mainly in the South Korean market, Asia and Europe. SK Patra is a joint venture between PT Patra Niaga and SK Energy is engaged in the production and marketing of lube base oil plant site in Dumai, Riau.

PSC which is 7 Oil Production Exceeds Target

JAKARTA – Special Unit Managing Upstream Oil and Gas (SKK Migas) said oil production in the first half of this year reached an average of 831,118 barrels per day (bpd), or 99 percent of the target set in the state budget in 2013 amounting to an average of 840,000 barrels of oil per day.

Head of Oil and Gas SKK Rudi Rubiandi, said as many as seven Sharing Contract (PSC) surpassed the revised budget target of 2013.

“That ConocoPhillips Indonesia Ltd, Vico Indonesia, Medco E & P Indonesia (S & C Sumatra), PHE ONWJ, Chevron Pacific Indonesia, Medco E & P Indonesia (Rimau) and ConocoPhillips (Grissik) Ltd,” Rudi said in Jakarta, Thursday (01/08/2013 ).

The following oil production of 7 KKKS who achieved the target:

1. ConocoPhillips Indonesia Ltd managed to achieve oil production by an average of 34 867 barrels per day from the target in the state budget in 2013 amounted to 32 890,

2. Vico Indonesia managed to produce as much as 13,740 barrels of oil per day from the target of 13 010 barrels per day,

3. Medco E & P Indonesia (S & C Sumatra) managed to produce 6,841 barrels of oil per day from the target of 6,630 barrels per day,

4. PHE ONWJ managed to produce 38 996 barrels of oil per day from the target of 38 080 barrels per day,

5. Chevron Pacific Indonesia managed to produce 323 014 barrels of oil per day from the target of 319 430 barrels per day

6. Medco E & P Indonesia (Rimau) managed to produce 14,086 barrels of oil per day from the target of 14,060 barrels per day

7. ConocoPhillips (Grissik) Ltd managed to produce 9,435 barrels of oil per day from its target of 9,430 barrels per day.

WIKA Rp 457 Billion Record Earnings, Up 29%

PT Wijaya Karya Tbk (WIKA) recorded a 29.2% rise in net profit in 2012, amounting to Rp 457.86 billion from Rp 354.50 billion in the previous period. This increase was driven increase in the turnover of SOEs.

WIKA’s coded sales reached Rp 9.82 trillion, up 26.9% from 2011’s Rp 7.74 trillion.

“The increase in sales in the year 2012 the profit growth in several business segments,” he disclosed WIKA 2012 financial statements, as quoted detikFinance, Tuesday (03/19/2013).

WIKA sales over the past year supported by six business segments namely construction, (civil and building), mechanical electrical, energy investment, concrete products (precast), realty and property, and manufacturing.

“Construction services, mechanical electrical, and energy investments are managed by the Parent Company accounts for 70.4% of total sales WIKA,” he added.

Water Dragon year, WIKA sales target company could reach Rp 11.86 trillion, up 20.8% from the realization in 2012 that amounted to Rp 9.82 trillion. While, for net income, is targeted to reach Rp 555.06 billion, up 21.2% from the figure for 2012.