Cement News tagged under: Indonesia

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Top two Indonesian cement producers evolve growth strategies

13 August 2021, Published under Cement News

This week, CemNet featured a plethora of half-yearly financial reports from leading cement producers, including Semen Indonesia Group (SIG). SIG operates in a domestic market with an industry capacity of 120.5Mta and, even with a leading 42 per cent market share, it is seeing competition increase from new entrants that have added 24.7Mta of cement capacity between 2013-18. To meet this challenge, SIG is poised to embark on a regional expansion, while its nearest domestic competitor is expect...

Semen Indonesia Group sees 1H EBITDA up 2%

10 August 2021, Published under Cement News

Semen Indonesia Group (SIG) reported a 1.2 per cent uptick in revenue to IDR16.213bn (US$1.13m) in the 1H21 from IDR16.026bn in the 1H20. The increase in revenue was mainly due to higher regional sales volumes as importing countries saw their sales volumes increase. While domestic sales volumes were 1.5 per cent lower YoY at 14.345Mt in the 1H21 a 35.5 per cent increase in regional sales to 4.814Mt resulted in total sales up by 5.7 per cent to 19.159Mt. EBITDA edged up 2.1 per cent YoY t...

Indonesian cement consumption up 19% YoY in May

01 July 2021, Published under Cement News

Indonesian cement demand decreased by 1Mt to 3.68Mt in May 2021 when compared with the previous month, according to the Indonesian Cement Association (ASI). However, when compared with May 2020, sales increased 19.2 per cent as COVID-19 and holidays affected demand, said ASI Chairman Widodo Santoso.   Growth was particularly strong in the Sulawesi market, where demand was up 64 per cent YoY to 457,000t, representing a gradual recovery from a 11.8 per cent fall in 2020. Maluku and Papua r...

Indonesian cement exports see 119% YoY rise in 5M21

01 July 2021, Published under Cement News

While cement exports from Indonesia decreased from 1.2Mt in March and April to 1Mt in May, the January-May 2021 volume saw a 119 per cent YoY rise to 5.69Mt, according to the Indonesian Cement Association (ASI).     Around half of exports were shipped to Bangladesh while China accounted for an offtake of 740,531t, or 13 per cent, in the first five months of 2021. Taiwan, the Philippines and Australia each had a share of eight per cent of the total export volume. Sri Lanka has a three per ...

Indonesia’s face of recovery

21 June 2021, Published under Cement News

COVID-19 restrictions disturbed the Indonesian cement market last year, with demand and utilisation levels falling as the country continues to exhibit a significant capacity overhang. LEK Consulting provides a summary of 2020’s implications on the local cement scene and identifies key emerging themes that will shape the face of its recovery. By Manas Tamotia, LEK Consulting, Singapore. Despite lower cement demand registered last year, certain mitigating factors offset the overall impa...

Semen Padang sees 31% jump in exports to Bangladesh and Sri Lanka

08 June 2021, Published under Cement News

Semen Indonesia Group subsidiary PT Semen Padang increased its cement and clinker exports to Bangladesh and Sri Lanka by 30.5 per cent YoY to 208,806t in April 2021, up from 160,000t in April 2020. The company exported 38,471t of OPC to Sri Lanka and 170,389t of clinker to Bangladesh, according to Rahman Kurniawan, group head of sales for Semen Indonesia Group in Padang, Indonesia. “In the January-April 2021 period, PT Semen Padang has exported 825,400t of cement and clinker to Banglades...

North Sulawesi exports 63,046t in May

01 June 2021, Published under Cement News

Indonesia’s North Sulawesi province exported 63,046t of cement to Taiwan, the Philippines and Malaysia in May 2021, according to the North Sulawesi Industry and Trade Office. The value of exports totalled US$2.18m, with Malaysian exports representing US$1.1m from 32,496t alongside US$763,750 from 32,496t sent to Taiwan. Cement is a relatively new export from North Sulawesi and the Industry and Trade Office is reportedly on the look for new markets.

PT Indocement Tunggal Prakarsa records April sales volume of 1.3Mt

25 May 2021, Published under Cement News

PT Indocement Tunggal Prakarsa Tbk recorded a sales volume of 1.3Mt throughout April 2021. This realisation was 13 per cent higher than sales in the same period last year. Director and Corporate Secretary of Indocement Tunggal Prakarsa, Antonius Marcos, said that this increase was mainly due to the fact that April last year was the first month of the COVID-19 pandemic in Indonesia. In April 2021 are around 100,000t lower than sales in March 2021 which reached 1.4Mt. This decline in m...

PT Indocement Tunggal Prakarsa sells 4Mt of cement in 1Q21

29 April 2021, Published under Cement News

The 1Q21 cement sales of PT Indocement Tunggal Prakarsa Tbk have seen a pick up. Indocement Director and Corporate Secretary, Antonius Marcos, said that in March 2021, the company recorded sales of 1.4Mt, more than 200,000t higher sales than in the previous month.   Indocement reached 4Mt during 1Q21 (3.9Mt in 1Q20)   and the company still believes that sales growth in 2021 can reach four per cent higher than in 2020.   This year, Indocement will strengthen its sales in Sumatra...

PT Semen Padang announces export volumes

08 March 2021, Published under Cement News

Indonesia’s PT Semen Padang has announced its export volumes of cement and clinker in January and February 2021. The deliveries were made to the Maldives, Australia and Bangladesh. "From early January to mid-February 2021, the Semen Indonesia Group, through PT Semen Padang, has exported 333,532,391t of cement and clinker," said Rahman Kurniawan, sales manager. Cement and clinker exports have continued to increase, because shipments are still ongoing, he added. The company exported a...