Indonesia Semen Gresik 03 cement sales down

Indonesia Semen Gresik 03 cement sales down
Published: 28 January 2004

PT Semen Gresik said cement sales for 2003 fell 3.2 per centto 14.03Mt due mostly to a drop in exports.  Semen Gresik’s domestic cement sales were up 0.9 per cent at 11.97 million tons, but exports slumped 21 per cent to 2.05Mt.  Semen Gresik didn’t comment on its sales performance.  Semen Gresik is 51 per cent-owned by the government and 25.53 per cent-owned by Mexico’s Cemex. According to data from Indonesia’s cement producers association, national cement sales for 2003 rose one per cent to 27.47Mt  from 27.19Mt a year earlier.