Cement News tagged under: Indonesia
Semen Indonesia Group sees 39% rise in September volumes23 October 2019, Published under Cement NewsSemen Indonesia Group reported a 38.8 per cent YoY hike in sales volumes in September to 4,287,396t. Of this total Semen Indonesia saw its sales increase by 3.3 per cent YoY to 3,015,298t, which include a 39.4 per cent rise in export sales to 312,118t. Thang Long Cement Co (TLCC) reported a 4.5 per cent YoY increase in sales to 3,228,539t, but while export sales surged 188.3 per cent to 99,013t, domestic sales fell by 15 per cent to 112,228t when compared with September 2018. Ex-Holcim ... |
Indonesian market stable, export sales see hike in September22 October 2019, Published under Cement NewsCement consumption in Indonesia remained largely stable at 6,728,921t in September 2019 when compared with September 2018, according to the latest data by the country’s cement association, ASI. Demand in the key market of Java remained level at 3,841,656t with higher sales on West Java (1,141,159t, up 9.6 per cent) and Yogyjakarta (119,297t, up nine per cent) offset falling deliveries in Jakarta, Banta and Central Java. On Sulawesi sales were up 2.3 per cent YoY to 575,209t and in east Ind... |
Semen Indonesia replaces Holcim brand with Dynamix14 October 2019, Published under Cement NewsAfter being acquired by PT Semen Indonesia (Persero) Tbk, PT Solusi Bangun Indonesia Tbk (SBI) has changed its Holcim cement brand to Dynamix. The name change was carried out as an effort to strengthen competitiveness in an increasingly-competitive national market, said the company. SBI President Director, Aulia Mulki Oemar, said that the brand replacement was part of the company's transformation process. With SBI's experience, support from partners, and wide network integration, Ms Oemar h... |
Semen Indonesia26 September 2019, Published under Cement NewsIn August 2019 the Semen Indonesia group sold a total of 3,960,297t of cement and clinker. This compares to 3,820,717t in the previous month. Semen Indonesia contributed 2,788,895t to the August total, a contraction of 3.96 per cent YoY, mainly from domestic sales (2,465,795t) but also exports (323,101t). TLCC added a further 141,520t, a YoY decline of 29.77 per cent, made up of 125,019t to the domestic market and 16,501t overseas. PT Solusi Bangun Indonesia (SBI) sold 1,029,882t in Augus... |
Indonesian market contracts, exports rising in August20 September 2019, Published under Cement NewsCement deliveries in Indonesia slipped by 3.2 per cent YoY in August 2019 to 6,323,297t from 6,532,840t in August 2018, according to data by the Indonesian cement association, ASI, cited by Semen Indonesia Group. Demand in the key market of Java declined 4.4 per cent YoY to 3,531,413t while in Sumatra, the country’s second-largest market consumption the fall was of the same order, to 1,357,821t. Sulawesi showed the strongest growth at 8.3 per cent, reporting deliveries of 564,350t while on... |
Semen Indonesia reports 4% drop in August sales19 September 2019, Published under Cement NewsSemen Indonesia reported a four per cent fall to 2.789Mt in total sales in August 2019 when compared with the previous year, when the company achieved sales of 2.904Mt. In July 2019 sales slipped by 2.6 per cent YoY to 2.706Mt. Of the total, domestic sales of 2.466Mt were reported, down 5.1 per cent YoY. This follows a six per cent YoY drop in July, when sales to Indonesian customers stood at 2.354Mt. Exports advanced by 5.6 per cent YoY to 323,101t following a 29.5 per cent rise to 352,55... |
PT Indocement28 August 2019, Published under Cement NewsPT Indocement saw its total sales volumes increase by 0.7 per cent YoY to 8.4Mt in the first half of 2019. Although domestic sales remained largely unchanged, export volumes jumped by 190 per cent YoY from 29,000t in the 1H18 to 84,000t in the same period this year. Consolidated net revenue for the company improved by 7.7 per cent YoY in the 1H19 to IDR6982bn (US$489.7m), while EBITDA grew by 34.5 per cent to IDR1178.2bn. The EBITDA margin, meanwhile, advanced from 13.5 to 16.9 per cent. ... |
PT Semen Indonesia28 August 2019, Published under Cement NewsSemen Indonesia’s gross margin improvement in the 1H19 is being seen as indicative of a recovery in the Indonesian cement industry, according to Fitch Ratings. A report in the Singapore Business Review states that the industry has suffered six months of margin erosion due to oversupply. However, lower coal prices and improving average selling prices (ASP) have led to a recovery in margins for a number of the country’s cement producers, including Semen Indonesia, which saw its gross margins a... |
SCG looks to increase use of blockchain solution21 August 2019, Published under Cement NewsSiam Cement Group (SCG) is looking to roll out its Procure to Pay blockchain solution for payment and procurement methods to 2400 suppliers by 2020, according to the Bangkok Post. Thammasak Sethaudom, vice-president for finance and investment, has said that the company must transform its operations to chase the fast-moving blockchain trend. "Our platform has helped suppliers reduce their processing times by 50 per cent from 70min to 35min per purchase order," said Mr Sethaudom. SCG invest... |
Indonesian cement industry down 2% in 1H1916 August 2019, Published under Cement NewsThe Indonesian Cement Association has reported that domestic cement sales volumes in the 1H19 dropped 2.2 per cent YoY to 29.4Mt due to weaker demand from Java (-2.8 per cent YoY) and Sumatra (-6.3 per cent YoY). This is likely to have been the result of a weak property sector, which accounted for around 70 per cent of the country's cement demand, coupled with delays in construction due to the presidential elections and the long Al-Fitr holidays. Fitch Ratings has added that the industry ... |