PT Semen Indonesia reports 4% rise in August sales

PT Semen Indonesia reports 4% rise in August sales
20 September 2018

PT Semen Indonesia reports its cement sales in August 2018 amounted to 20.67Mt, a rise of four per cent compared to 19.88Mt in August 2017. Domestic sales totalled 16.93Mt while exports reached 1.99Mt for the month.

PT Semen Indonesia's Director of Marketing and Supply Chain, Adi Munandir, said, " We no longer see that Sement Indonesia consist of three cement companies in Indonesia that are separated."

By consolidating the brands customers no longer see PT Semen Gresik and PT Semen Padang sacks competing against each other in Jakarta, or PT Semen Gresik and Semen Tonasa competing in Bali, he added. "This condition will add the the competitive pressure in the market and result in competitive selling prices," said Mr Munandir.

PT Semen Indonesia's subsidiary, Thang Long Cement Vietnam posted sales of 1.75Mt in August 2018.

Published under Cement News