Cement News tagged under: Indonesia
Two Indonesian producers expect 3-4% cement volume increase in 202102 March 2021, Published under Cement NewsPT Semen Indonesia (SMGR ) and Indocement Tunggal Prakarsa (INTP) expect domestic cement volume to grow 3-4 per cent YoY in 2021. This could be achieved through a recovery in bulk cement, which declined in 2020 by 22 per cent YoY. Volume is expected to remain soft in the 1Q21 in Indonesia with turnaround expected to occur in the 2Q21, added UBS Global Research (Indonesia). In 2020 there was increased competition in Java and Kalimantan, but the average selling price for Tier-1 brands r... |
All of SIG’s cement plants now operate on alternative fuels09 February 2021, Published under Cement NewsPT Semen Indonesia Tbk (SMGR) has released a goal of getting all of its cement plants to operate on alternative fuel. This effort will also support the government’s aim of reducing Indonesia’s use of coal. "We want to provide a long-term solution in overcoming the problem of domestic waste that can have a positive impact on the environment and society at large," said SMGR Director, Hendi Prio Santoso, in a press statement in Jakarta. He explained that all SMGR factories now without ... |
Taiheiyo signs capital investment agreement in Solusi Bangun Indonesia27 January 2021, Published under Cement NewsPT Solusi Bangun Indonesia Tbk (SMCB), PT Semen Indonesia Industri Bangunan and Japan-based Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and cement sale and purchase master agreement (offtake agreement) on 26 January. The transfer and capital participation agreement reflects the planned capital investment by Taiheiyo in the former Holcim subsidiary through the issuance of new shares with the right to pre-order securities (HMETD) or rights issue. "The implementatio... |
Indonesia's cement sales fall 10% in 202021 January 2021, Published under Cement NewsIndonesia's 2020 domestic cement sales were recorded at 62.7Mt. The Indonesian Cement Association (ASI) reports the sales represent a fall by 10.4 per cent from 2019 sales of 70Mt, the lowest growth in 10 years. The highest number of domestic cement sales in 2020 occurred in October at 6.2Mt, while the lowest sales occurred in May of 3.2Mt. By December 2020, both monthly and yearly, sales on all islands contracted. Bank Mandiri's research team recorded the deepest contraction in... |
Indocement targets 4% sales growth19 January 2021, Published under Cement NewsHeidelbergCement-owned PT Indocement Tunggal Prakarsa Tbk is targeting a four per cent sales volume growth this year on the condition that the business world will resume operations following COVID-19 vaccination programmes, according to the company’s Director and Corporate Secretary, Antonius Marcos. Last year sales of the Indonesian cement producer reached 16.5Mt and the new objective sets expected sales in 2021 at 17.16Mt. However, the growth target remains below the 18.1Mt sales of 2018 ... |
PT Semen Padang exports 1.5Mt in 202008 January 2021, Published under Cement NewsIndonesia’s PT Semen Padang has announced it exported more than 1.5Mt of cement and clinker to various destinations during 2020, including Bangladesh, China, Malaysia, Myanmar, the Philippines, Australia, Maldives and Sri Lanka. The most clinker exports were sent to Bangladesh, Myanmar, China, Malaysia and the Philippines. The majority of cement exports were dispatched to Australia, Maldives and Sri Lanka. Total cement exports reached 200,000t and clinker 1.35Mt. The company also expec... |
Indonesian industry to face continued overcapacity challenge26 November 2020, Published under Cement NewsThe COVID-19 pandemic has seen Indonesian cement sales drop throughout most of 2020 with October sales down 9.7 per cent YoY. Moreover, demand is predicted to fall 11 per cent YoY by the end of the year, according to PT Indocement Tunggal Prakarsa Tbk. However, the industry is currently challenged by considerable overcapacity. In 2020 total domestic cement capacity is 116.4Mta with a plant utilisation of 54.6 per cent, supplying a domestic market of an estimated 63.6Mta. Competition is e... |
Indonesian domestic cement demand falls 10% in 3Q2016 November 2020, Published under Cement NewsIndonesia's cement demand fell 9.7 percent to 17,499,807t in the 3Q20 from 19,384,326t in the 3Q19, according to the Indonesian Cement Association (ASI). The decline in domestic cement consumption was mitigated by a 62.4 per cent surge in exports, which increased to 3,128,985t in the 3Q20 from 19,384,326t in the year-ago period. Of this total, 2,725,493t of clinker was exported, up 79.3 per cent YoY, and 403,492t of cement, down 0.7 per cent YoY. Domestic sales plus exports in t... |
Indonesian cement market contracts in September29 October 2020, Published under Cement NewsCement demand in Indonesia fell to 6.175Mt in September 2020, according to the Indonesian cement association, ASI. Demand in the key market of Java decreased to 3.37Mt in September 2020 from 3.91Mt in September 2019. Furthermore, the Sumatra and Sulawesi markets contracted by 3.4 per cent YoY to 1.34Mt and 549,000t, respectively. However, demand in Bali and Nusa Tenggara expanded by 5.9 per cent YoY to 345,000t. Maluku and Papua consumption increased by 4.8 per cent to 196,000t. On Kali... |
Semen Indonesia looks to optimising market opportunities in pandemic29 October 2020, Published under Cement NewsPT Semen Indonesia (Persero) Tbk (SIG) has prepared a range of business strategies during the COVID-19 pandemic, including optimising the company’s market potential. "The impact of this pandemic economically is very broad, so the health sector problems affect all sectors. But what we are doing is responding to today's challenges, ”said Director of Marketing and Supply Chain, Adi Munandir. The company is also targeting government projects as the public sector remains “sold in the midst of a... |