PT Indocement - April 2014

PT Indocement has increased its capital expenditure for 2014 to IDR4.5trn US$396m on the back of a 1.6 per cent fall in its market share last year. In 2013 the company’s market share dipped to 30.4 per cent, compared to 32 per cent in 2012. A lack of additional output was blamed, which also kept sales subdued at 17.97Mt in 2013, just 0.5 per cent up on the previous year.