Indonesia’s February cement consumption jumps

Indonesia’s February cement consumption jumps
18 March 2005


Indonesia’s cement consumption, rose 13.7 percent by volume in February, compared to the same month of 2004.  Southeast Asia’s largest economy used 2.32Mt  of cement last month, up from 2.04Mt a year before, according to cement association data on the Web site of PT Semen Gresik, the country’s largest cement maker.  Domestic sales of Semen Gresik grew 14.9 percent to 1.06Mt over the period, or 45.6 per cent of national consumption.  Including exports, Gresik sales rose 18.5 per cent to 1.18Mt.  Analysts had said demand for cement was expected to increase this year after the government unveiled billions of dollars worth of infrastructure projects.  Published under Cement News