Cement News tagged under: Indonesia
PT Semen Indonesia to concentrate on strengthening regional market position13 January 2020, Published under Cement NewsHendi 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 gap03 January 2020, Published under Cement NewsThis 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... |
ASI calls for moratorium on issue of new cement plants in Indonesia02 January 2020, Published under Cement NewsThe Indonesian cement industry has called on the government for a moratorium on issuing construction permits for new cement plants for the next five years as the local market has an excess of 25Mta of capacity. As reported in the local press, Widodo Santoso, chairman of the Indonesia Cement Association (ASI) said: "This is a warning to the government, and here it refers to the Investment Co-ordination Agency (BKPM). Until 2024, it's best that no new construction permit will be issued for n... |
Semen Indonesia volumes surge 44% in November18 December 2019, Published under Cement NewsSales volumes of the Semen Indonesia Group, including Thang Long Cement Co (TLCC) and former Holcim subsidiary, PT Solusi Bangun Indonesia (SBI), surged 44.2 per cent in November 2019 to 4.399Mt from 3.05Mt (before the group’s acquisition of SBI and therefore, not included in the group’s consolidated numbers), according to a company statement. Semen Indonesia, excluding TLCC and SBI, improved its sales volumes by 11.8 per cent YoY in November 2019 to 3.18Mt. A rise was particularly noted i... |
Indonesian exports advance 15% in November18 December 2019, Published under Cement NewsCement and clinker exports from Indonesia rose 15.4 per cent to 648,354t in November 2019, according to figures published by Semen Indonesia. In November 2018 exports totalled 561,950t. Cement exports fell 6.1 per cent YoY to 129,621t in November when compared with 138,079t in November 2018. However, the decline was offset by a 22.4 per cent rise in clinker exports. In November 2019 clinker exports advanced to 518,733t from 423,871t in the previous year. January-November 2019 Total exp... |
Indonesian cement sales up 9% YoY in November17 December 2019, Published under Cement NewsCement sales in Indonesia increased 9.5 per cent in November to 7.088Mt in November 2019 when compared with November 2018, according to data supplied by Semen Indonesia. Sales in Java advanced 6.6 per cent to 3.873Mt from 3.633Mt in the previous year, buoyed by improved deliveries in West Java, which rose to 1.152Mt (+17.9 per cent). Gains were also note in Jakarta (+5 per cent), Central Java (+2.6 per cent) and East Java (3.6 per cent). The market in Banten remained stable, but in Yogyakar... |
Indonesian cement market expands 2% in October19 November 2019, Published under Cement NewsIndonesia saw cement demand advance by 1.9 per cent YoY to 7,326,461t in October 2019 from 7,187,897t in October 2018, as reported by Semen Indonesia. Market expansion was largest in Sulawesi where volumes were up by 18.5 per cent to 661,453t YoY while Nusa Tenggara reported a 13.2 per cent increase in sales to 444,057t in October 2019. A smaller gain was noted in East Indonesia, the country’s smallest market, where sales rose by 6.2 per cent YoY to 177,649t. The key province of Java saw d... |
Semen Indonesia sees 41% rise in October sales19 November 2019, Published under Cement NewsSemen Indonesia Group, including SBI, reported a 40.8 per cent rise in sales volumes to 4,771,181t in October 2019 when compared with a volume of 3,388,174t in October 2018. Semen Indonesia, excluding SBI and TLCC, reported a 5.8 per cent uptick in sales to 3,342,839t from 3,159,448t. The company sold 2,877,048t in the domestic market, up 1.4 per cent YoY, and 465,791t to export markets, representing a 44.6 per cent increase on October 2018. Thang Long Cement Co (TLCC) sales increased b... |
PT Semen Indonesia28 October 2019, Published under Cement NewsFollowing its acquisition by PT Semen Indonesia, PT Solusi Bangun Indonesia (SBI) has changed its Holcim cement brand to Dynamix in an effort to strengthen its position in an increasingly-competitive national market. Dynamix cement products will initially be distributed in Java, followed by other regions in Indonesia. In September 2019 SBI sold 1,027,240t of cement in the domestic market plus 31,616t of exports. This compares to 932,689t and 97,193t, respectively, in August this year. SB... |
Semen Indonesia joins WCA28 October 2019, Published under Cement NewsSemen Indonesia has joined the World Cement Association (WCA) as a Corporate Member. Semen Indonesia maintains a production capacity of 51Mta, which is shipped to customers across Indonesia, but also Sri Lanka, United Arab Emirates, Yemen, Philippines, China, Australia, India, Bangladesh, Africa, Timor-Leste and other countries. The company has cement plants in Lhoknga in Aceh, Indarung in West Sumatra, Narogong in West Java, Rembang and Cilacap in Central Java, Gresik and Tuban in East Jav... |