Cement News tagged under: Indonesi

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Indonesian producers predict 2016 market pick-up

31 July 2015, Published under Cement News

PT Semen Indonesia and its subsidiary Semen Gresik are optimistic the domestic cement market will improve in 2016 despite tight competition. Bambang Joko, head of  sales at state-owned  PT Semen Indonesia, blamed this year’s economic slowdown on the current decline in cement consumption. "But the slump would not last long. Demand would rise in 2016," he said. His comments highlight that infrastructure and construction bottlenecks are about to start moving again. Almost all cement produce...