Cement News tagged under: Indonesia

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China: outward bound

23 March 2020, Published under Cement News

China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential vehicles driving the global spread of Chinese technology and providing a platform for corporate cement and construction giants to enter new markets. ICR takes a look at the initiative’s progress to date and the impact on China’s cement industry, as its shifts from its purely domestic production base to establishing its p...

Indonesia: sluggish local demand in February as export conditions to China deteriorate

20 March 2020, Published under Cement News

The Indonesian Cement Association (ASI) noted the rate of YoY decline in national cement consumption has slowed to -0.1 per cent in February from January's position, which was -7.5 per cent. In addition, export volumes, which had surged 40 per cent in January, dropped by 27.9 per cent to 440,000t in February. "It is unfortunate that our cement and clinker exports, which we hope can improve the performance of the cement industry, are constrained by the presence of a corona [virus], resulti...

Semen Indonesia's rebirth

21 February 2020, Published under Cement News

With the new name of Semen Indonesia Group (SIG) and a new logo, PT Semen Indonesia announced this week a radical change for the company that will reinforce its transformation into a complete provider of building material solutions. The changes are seen as a way to address the growing needs of customers. The logo change is part of the company's transformation to build a sustainable life for future generations. SIG is focussed on developing innovations to answer the challenges of bui...

Semen Indonesia rebrands as Semen Indonesia Group

17 February 2020, Published under Cement News

Semen Indonesia has rebranded to become Semen Indonesia Group (SIG), including a new logo, to reinforce the company’s environmental efforts and introduce itself as a provider of building materials solutions. Launching the new strategy, Adi Munandir, Semen Indonesia's director of Marketing and Supply Chain, told local press that: "We are already in the phase of thinking about our future. Cement manufacturers have a very industrialist connotation, sometimes connoted to activities that ar...

Indonesian cement demand stable in 2019

21 January 2020, Published under Cement News

The Indonesian cement market expanded 7.2 per cent YoY in December 2019 as 6.542Mt of cement were sold. In December 2018 total demand in Indonesia stood at 6.101Mt. Off-take in Java, the largest cement market, increased 5.9 per cent YoY to 3.491Mt in December 2019 when compared with 3.295Mt in the previous year’s period. In the second-largest market, Kalimantan, deliveries increased by 13.1 per cent YoY to 441,810t while in Sulawesi, they were up by 22.2 per cent to 620,670t. Sales were al...

Indonesian export sales up 12% in 2019

21 January 2020, Published under Cement News

Indonesia’s cement producers saw export sales drop 38.1 per cent in December 2019 to 321,966t when compared with 519,684t in December 2018, reports Semen Indonesia Group. Clinker exports were particularly affected, noting a 46.6 per cent fall to 204,227t from 382,237t the previous year. Cement exports were down 14.3 per cent YoY to 117,739t from 137,447t. Full-year 2019 However, exports for the full year 2019 saw 11.8 per cent improvement to 6.365Mt when compared with 5.691Mt in 2018.

Semen Indonesia Group sees 29% rise in 2019 sales

20 January 2020, Published under Cement News

The total sales volumes of the Semen Indonesia Group, including Thang Long Cement Co (TLCC) and former Holcim subsidiary, PT Solusi Bangun Indonesia (SBI), increased 36 per cent in December 2019 to 3.93Mt from 2.891Mt (before the group’s acquisition of SBI and therefore, not included in the group’s consolidated numbers), according to a company statement. Semen Indonesia saw sales edge up 4.4 per cent to 2.782Mt YoY, of which 2.564Mt in domestic sales (+8.2 per cent) and 218,678t in export ...

PT Cemindo Gemilang joins the World Cement Association

14 January 2020, Published under Cement News

Indonesian cement producer PT Cemindo Gemilang is the latest addition to the World Cement Association's international membership, which currently spans 34 countries. The firm joins as a Corporate Member. "As we work to address the key global challenges facing the cement industry, in particular the goal of full decarbonisation by 2050, it is important that we engage dynamic emerging-market players. We are delighted to welcome Cemindo Gemilang to the WCA," said Ian Riley, CEO of the World Cem...

PT Semen Indonesia to concentrate on strengthening regional market position

13 January 2020, Published under Cement News

Hendi Prio Santoso, managing director of PT Semen Indonesia Tbk (SMGR), has stated that the company will focus on developing derivative products and expanding into regional markets. "As an integrated provider of building material solutions, the affirmation of the company's focus is very important to maintain a sustainable growth trend in the future," said Mr Santoso. He was very grateful for the company's performance achievements in 2019. In the midst of increasingly-fierce industry compet...

Indonesia's robust demand set to narrow overcapacity gap

03 January 2020, Published under Cement News

This week the Indonesian Cement Association (ASI) announced that it has asked the country's government for a moratorium on issuing construction permits for new plants for the next five years. The association believes this will help reduce the overcapacity in the market, which it currently estimates at 25Mta. It's clear that the high level of capacity additions in recent years have driven up capacity levels significantly beyond the current demand of 68-69Mt. As a result, PT Semen Indonesia...