First semester of 2013, Pertamina EP Records Profit of Rp 10 Trillion

In the first half (I) 2013, PT Pertamina Exploration and Production (EP) posted a profit of Rp 10 trillion more. Targeted for this year, a subsidiary of state-owned PT Pertamina is able to reap a profit of Rp 18 trillion.
Public Relations Manager of PT Pertamina EP, Amperianto Agus told reporters in Jakarta, Saturday (3/8) night suggests, corporate profits optimistic embrace of it is based on the production performance of oil and gas corporation that produced it.
He said that the present level of oil production per day PT Pertamina EP reached 132 thousand barrels. The expected production rate constant and even increases with the exploration and discovery of new reserves by corporations. “In 2012, corporate profit reached Rp 21.5 trillion,” he said.
This year profit target of Rp 18 trillion does not mean a decrease compared to last year. Agus argues that profits surge last year in addition to the corporate consistency in producing oil and gas, as well as exchange rate differences and the rise in oil prices in the international market.
“Target profit last year (2012) amounted to Rp 17 trillion,” he added.
Most of PT Pertamina EP oil fields located in Sumatra, especially in Jambi, South Sumatra, North Sumatra, and Riau. Pertamina EP also has oil fields in West Java, Central Java and East Java.
“We’re also there is quite a large project in Central Java and East Java. BUT, it is where the gas production is later used to supply gas power plant Tambaklorok Semarang. If that was to be our gas production, is estimated to be saving USD 2 billion of fuel conversion used oil to gas power plant Tambaklorok Semarang, “he explained.
As a subsidiary of PT Pertamina engaged in the upstream oil and gas sector, according to Agus, operational and corporate performance requires the support of many parties, especially the government and society.
Oil theft cases in a massive scale in the pipeline Tempino-Plaju South Sumatra should not happen in other places. In the pipeline along the 265 kilometer (KM), he said, about 75% have been embedded in the ground at the depth of 1.5 meters to 2 meters.
“But, it remains stolen. Trick with building above the oil pipelines, oil pipelines and oil drilled and taken,” he said.

PTPN Unified Create Largest Indonesian Sugar Factory

PT PTPN III, XI, and XII plans to build a sugar factory along with the name of PT Industri Gula Glenmore. Largest sugar mills in Indonesia later this stake by 60 per cent owned by PTPN III, PTPN XI 10 percent, and the remaining 30 percent had PTPN XII.

This determination was Minister of State-Owned Enterprises, Dahlan Iskan, in his office, Jakarta, Tuesday, July 23, 2013.

The plant will produce primary products and white sugar premium products such as bio-ethanol bandwagon, bio fertilizer, and animal feed.

The plant will be built with a processing capacity of six thousand tons of cane per day and will be increased to eight thousand tons per day in the end. At the beginning of production of the company is expected to earn as much as nine percent yield, so the premium of white sugar production could reach nine thousand tons.

The factory is located in East Java will be supplied entirely from plantation PTPN XII. The construction itself is expected to cost Rp1, 5 trillion.

“This plant should be completed within 22 months, since the completion of the project has been adapted to harvest sugar cane grown to be supplied to Glenmore. If it’s too late. Later sugarcane to be supplied to anybody,” said Dahlan.

Petrochemical plant construction is expected to hit imports

Director General of the Ministry of Industry, Manufacturing Industry, Panggah Susanto said, with the new petrochemical plant planned to be built in West Papua is expected to reduce the number of Indonesian imports of raw materials.

“These projects will be able to reduce the importation of raw materials which, according to the data in 2012 reached 16 billion U.S. dollars for chemical raw materials,” said Panggah after witnessing the signing of the MoU between Ferrostaal Industrial Projects by PT Chandra Asri Petrochemical Tbk, in Jakarta on Thursday.

He said that with the cooperation will be produced basic products, such as propylene and polypropylene, which will not reduce the importation of raw materials.

“Hopefully, in 2019 to be operational, which we seek is how as soon as possible to get gas allocation,” he said.

Panggah explain step construction of the plant is part of the Ministry of Industry to develop two important sectors in Indonesia related to the chemical industry base and base metals.

“Two of the basic industries we encourage its development, it is important because it aligned with the growth of domestic industry, which will increase the need for raw materials and capital goods,” he said.

He said later that the results of the plant is expected to require an investment of $ 1.8 billion will be earmarked for the domestic market.

“Domestic demand is big enough, then it will be destined for the domestic market,” he said.

65% TVS Motor Components Manufactured in Indonesia

TVS Motor factory located in the Industrial area Suryacipta City Jl. Surya Madya I Kav. 1-30 Kutanegara Village, cikampek 41 361 East Karawang, West Java, in a single day can produce 150 to 200 units.

Then how much this bike components manufactured in Indonesia?

“Local contentnya for all motorcycle TVS in Indonesia is 65 percent and the rest is shipped from India,” said Vehicle Assembling, Agus Ahmad Yani told reporters on the sidelines of the visit TVS factory.

He explained, for components such as frames, tires, handle bars, etc. are produced in Indonesia and to the still shipped from India such as engines, cables, head lamp.

“If the headlamp is to be sent from India because reflektornya better. CDI is also shipped from India,” he added.

He added, which are exported to the motor itself is still using only local components for SKD (semi knock down) there are some parts that are paired from the destination country.

“For example, if the motor is to be exported, headlamp is not here but after a pair of new paired up there as well with the other parts are,” due diligence.

Social Security in First Half Profit Jumps 95 Percent

Social Security PT (Persero) posted a profit after tax in the first semester of 2013 amounted to Rp 1.69 trillion or 95 percent jump compared to the first half of 2012 amounted to Rp 870 billion. Director of Social Security Masasya G Masassya said that the increase in fee revenue over the first half of 2013 rose 64 percent to Rp 2.87 trillion in the same period last year to Rp 1.75 trillion.
»In the first half of 2013 we recorded a net income contribution of Rp 914.5 billion, surged 205 percent,” he said in a written statement, August 5, 2013.
Total revenue per June 2013 rose 202 percent to Rp 916 billion. Social Security investment income recorded a non-collateral (JHT) in the first semester of 2013 amounted to Rp 1.36 trillion, up 59 percent and revenue management of the investment fund old age insurance up 20 percent.
Social Security an operating profit in the first semester of 2013 rose 84 percent to Rp 3.14 trillion and profit before tax also rose 84 percent to Rp 1.97 trillion.
Director of Finance Social Security Trisanto Herdy adds up to June 2013 the company has been realizing managed fund of Rp 143.6 trillion. That figure represents 96.31 percent of the 2013 target of Rp 149.1 trillion. Additionally in June 2013, the company posted revenue of Rp 9.02 trillion investment or representing 61.72 percent of the 2013 target of Rp 14.6 trillion.
»The results of the development of old-age benefits by June 2013 amounting to Rp 6.32 trillion or 60.06 percent realize the 2013 target of Rp 10.5 trillion,” he said in a written statement.
In terms of net income, Social Security also booked Rp 1.69 trillion as of June 2013, representing 77.43 percent of the 2013 target of Rp 2.19 trillion. Acceptance of Social Security contributions by June 2013 amounted to Rp 12.3 trillion, representing 49.62 per cent of the 2013 target of Rp 24.84 trillion. And payment guarantees by June 2013 amounted to Rp 6.21 trillion or 59.75 percent of the realization of the 2013 target of Rp 10.4 trillion.

Pursue Self-Sufficiency Sugar, Please Build 10 Factory

State-Owned Enterprises Minister Dahlan Iskan, Tuesday, July 23, 2013, reveals that there is still a long way to achieve self-sufficiency in Indonesia.

He acknowledged, self-sufficiency can not be achieved although the largest sugar factory in Indonesia which built PT Industri Gula Glenmore already operating.

“To be able to achieve self-sufficiency in sugar, it took a minimum of 10 plants like this again (factory Glenmore),” Dahlan said, when met after the event determining the sugar plant construction contractor in the Ministry of Enterprise, Jakarta.

Dahlan said that the company already has plans to build a similar plant. However, at this time has not been able to find where the exact location.

Former president of the National Electricity Company also said, not knowing whether the factories that will be done by the private sector in collaboration with state or inter-state again.

For location, Dahlan admitted still looking for the right place. However, there are some nominations in Sulawesi and Lampung.

Meanwhile, Dahlan called for the construction of PT Industri Gula Glenmore plant could be completed in 22 months. Therefore, all the things that could hinder the development are fulfilled.

For example, for the land, according to him, it is 100 percent complete, because no land acquisition is required. Financing side also there is no problem anymore. “So, the important thing is serious work to be completed in order to plant,” he said.

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

Small Industries Product Banyuwangi Less Hygienic

Head of Industry Trade and Mines, Banyuwangi regency, East Java, Cahyo Hary Purnomo said many small and medium industrial products in the region are less hygienic.

It was, he said, based on the results of government-facilitated product test lab Banyuwangi in Research and Industry Standards Surabaya. Of 52 food and beverage products that are tested only 27 small and medium industries that pass quality standards of products. “The rest do not yet qualify as poor hygiene and sanitation,” he told reporters on Thursday, July 4, 2013.

Hary explained, they were considered not hygienic products for the manufacture not wear gloves, masks and headgear. Small and medium industries also use a lot of water that has been contaminated with the bacteria Escherichia coli. Though product E-coli contaminated prone cause stomach infection.

Even so, Hary claims will not pull the products that did not pass the quality standards. Government, according to Hary, new on stage to socialize about product quality standards to small industries. Department also continued to provide opportunities for small and medium industries which will be testing its products in Research and Industry Standards Surabaya.

In Banyuwangi, there were 16 792 small and medium industries, but only 5,012 are active. Of these 52 new small and medium industries which followed the test product quality standards.

Head of Standardization and Certification Quality System Certification Body Surabaya Siti Rohmah Siregar, recognize products of small and medium industries are still far from the standards of quality. “Their problem is quite complex,” he said in Banyuwangi.

According to Siti majority of small and medium industries yet have a quality management system so as to maintain the quality of the starting raw material to processing is not fixed. Moreover, awareness of small and medium industries for testing this product is very low. During this test a lot of small and medium industry products facilitated by the local government. “Government should provide facilities to the many small and medium industries that testing this product,” he said.

Suliyani, a pastry maker admits not been testing out products to the laboratory. According to him, in addition to the cost of the lab, is also burdened with the cost of transport between Banyuwangi-Surabaya commute. “The cost of transportation is to Rp 500 thousand,” 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.