Cement News tagged under: Indocement Tunggal Prakarsa

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Indonesia’s increased 9M23 demand sees positive results for key producers

03 November 2023, Published under Cement News

Indonesian cement consumption increased 4.4 per cent YoY and 2.7 per cent MoM to 6.12Mt in October 2023, as infrastructure projects in Sumatra were completed and work progressed on the Indonesian National Capital (IKN) project in Kalimantan, according to the Indonesian Cement Association (ASI). In the first nine months of 2023, demand reached 45.3Mt. PT Semen Indonesia Tbk and Indocement Tunggal Prakarsa Tbk increased their market shares to 52.2 and 27.7 per cent, respectively. Semen...

Indocement to commission terminal

26 January 2018, Published under Cement News

Indocement Tunggal Prakarsa expects to complete construction of its new cement terminal in Palembang in the first quarter of 2018, according to Indonesia Investments. The terminal will have a 1Mta capacity once the project is commissioned in March. In December 2017, Indocement began production at its 4.4Mta plant in Citeureup, West Java, bringing the company’s total capacity to 25Mta. However, the facility is only expected to utilise 75 per cent of its capacity due to the current oversupp...

Indocement sales advance, further growth ahead, Indonesia

21 March 2012, Published under Cement News

PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, said on Tuesday cement sales rose 15 per cent in 2011 and forecasts a strong rise in infrastructure projects supported by the government’s recently-passed land clearing law. Domestic sales volumes by Indocement rose 20.2 per cent as the Indonesian construction sector has been benefiting from lively activity, particularly in the residential and high-rise construction sector, noted HeidelbergCement. As a result of lower stro...