Indonesian cement companies increase sales

Indonesia’s cement sales increased to 4.05Mt from 3.52Mt a year earlier, Investor Daily Indonesia reported, citing data from the country’s cement association.?

Yesterday, Bloomberg stated that PT Semen Gresik, Indonesia’s largest cement producer, rose 0.4% to IDR11,550 (US$1.27). PT Indocement Tunggal Prakarsa, Indonesia’s second-largest cement producer, also rose 1.7% to IDR17,800 (US$1.90).

However, PT Holcim Indonesia, the nation’s third-largest cement producer, fell 1% to IDR2350 (US$0.29).