Cement News tagged under: net income
Indonesia: Indocement cuts production by 1Mt10 August 2016, Published under Cement NewsPT Indocement Tunggal TBK will cease operations at two production lines at its Citeureup plant due to the national cement excess, resulting in a 1Mta drop in output levels. The fall in cement sales in the country resulted in Indocement seeing its domestic sales volume drop 3.7 per cent to 7.9Mt QoQ in 2Q16. However, exports for the company increased by 190,000t when compared to the same period last year. President Director of Indocement, Christian Kartawijaya, said, “we supply a lot of pr... |
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