Semen Indonesia - April 2015
Despite Semen Gresik and Semen Padang both posting a fall in sales volumes in 1Q15, PT Semen Indonesia is pushing ahead with its expansion plans. Semen Gresik saw sales drop by 0.6 per cent to 3.27Mt, compared to 3.29Mt in 1Q14, while Semen Padang registered a 1.8 per cent contraction to 1.58Mt. Semen Tonasa, meanwhile, increased sales by 2.3 per cent coming in at 1.3Mt in 1Q15, compared to 1.27Mt in the same period last year. According to the Indonesia Cement Association, domestic consumption fell by 3.2 per cent in the first quarter to 13.6Mt.