Cement News tagged under: Indonesia
Cautious growth forecast for Indonesia22 July 2022, Published under Cement NewsIn the first three months of 2022, Indonesia's cement market expanded by 4.8 per cent to 15.594Mt when compared with the equivalent period in 2021, when demand stood at 14.873Mt. In January Indonesian cement producers supplied 5.4Mt of product to the domestic market, up 10.1 per cent YoY. However, this robust growth faded as the quarter progressed with the market absorbing 4.727Mt in February, representing an increase of two per cent YoY, and deliveries in March increasing 2.5 per cent YoY t... |
PT Cemindo Gemilang barge breaks and spills clinker15 July 2022, Published under Cement NewsA barge loaded with clinker has been severely damaged in the middle at the wharf of a cement factory owned by PT Cemindo Gemilang located in Bayah district, Lebak regency, Banten, Indonesia. The barge was loaded with about 8000m 3 of clinker and suffered a fracture in the middle of the hull after loading on 11 July 2022. As a result of the broken barge, thousands of tonnes of clinker spilled onto the Bayah coast. The barge was evacuated for rescue by the TB Johan Jaya 130 assist t... |
Holcim sued by Indonesian island over climate change14 July 2022, Published under Cement NewsResidents of an Indonesian island threatened by rising sea levels are suing Holcim over its carbon emissions, according to TopWireNews. The island in question, Pulau Pari, depends on fishing and tourism for its economy but due to climate change large swathes of the island are expected to be submerged under water in 30 years' time, say the residents. They are now seeking compensation from Holcim for the damage they have already suffered as a result of climate change, as well as funds for floo... |
Indonesia: turning a corner08 June 2022, Published under Cement NewsFor several years, Indonesia’s cement industry has experienced stagnant domestic demand, overcapacity and pricing pressure – problems that have been exacerbated by COVID-19. However, while uncertainty remains, government infrastructure spending, energy policy and housing market growth offer hope of improvement. By George Woods, Jitin Sethi and Bhushan Bhutada, LEK Consulting. The Indonesian cement industry is expected to receive welcome support from the government against a backdro... |
Indonesia's annual demand increased by 4.3 per cent in 202111 March 2022, Published under Cement NewsIndonesia's annual domestic cement demand reached 65.215Mt in 2021, representing an increase of 4.3 per cent on the year before, in line with industry expectations. All of the domestic regions recorded higher demand in 2021. Consumption in Java, the largest market, representing 53 per cent of domestic demand, grew by 2.6 per cent to 34.695Mt in FY2021. In Sumatra, the second-largest market with 22 per cent market share, demand increased by 2.5 per cent to 14.129Mt. Sulawesi (10 per cent ma... |
Indonesian cement and clinker exports rise to record levels in 202111 March 2022, Published under Cement NewsIndonesia is rapidly expanding its cement and clinker export activities, with YoY volumes climbing by 25.2 per cent to reach a record 11.610Mt in 2021. By year end, cement exports grew by 46.6 per cent to 1.609Mt, while clinker volumes expanded by 22.3 per cent to 10.001Mt. Bangladesh and the Philippines were major clinker destinations, while cement destinations included Mauritius and the Maldives. |
Semen Indonesia looks forward to 4% FY22 expansion02 February 2022, Published under Cement NewsSemen Indonesia expects to grow 3-5 per cent YoY in FY22, up from two per cent in FY21 as the key market for bagged cement (mainly for home renovations and small home cluster developments) improves. In addition, the property stimulus by the Indonesian government and a high infrastructure budget in FY22 are expected to support sales. A further driver is the improved control of the COVID-19 pandemic. The company’s sales strategy heavily focusses on the domestic market, which provides higher... |
PT Indocement Tunggal Prakarsa reports sales volumes of 17Mt in 202124 January 2022, Published under Cement NewsPT Indocement Tunggal Prakarsa Tbk (INTP) (HeidelbergCement group) recorded sales of 17Mt in 2021, a three per cent increase from the previous year. "This achievement is more or less in line with the target," explained Antonius Marcos, director and corporate secretary of Indocement. Marcos explained a number of factors which impacted cement sales last year. "The main driving factor for sales was from the retail sector, which is increasing public optimism of the recovery of the... |
Stagnant coal supply impacts Indonesian cement exports06 January 2022, Published under Cement NewsThe constrained supply of coal in Indonesia has affected cement and clinker exports from the archipelago. While under normal supply conditions, there is sufficient coal for 21-30 days, in early December 2021 coal supply on average lasted 5-10 days, according to Widodo Santoso, chairman of the Indonesian cement association, ASI. As a result, some Indonesian cement producers, including PT Semen Indonesia, Semen Tonasa, Semen Padang and Semen Bosowa Maros, stopped allocating production for ex... |
SIG make several Board appointments at EGM06 January 2022, Published under Cement NewsSIG’s Extraordinary General Meeting confirmed the honourable discharge of Hendi Prio Santoso as President Director of the company. The meeting also honourably dismissed Benny Wendry as Production Director, Tri Abisatrijo as Engineering and Project Director and Fadjar Judisiawan as Director of Business Strategy and Business Development, and Tina T Kemala Intan as Human Resources and Legal Director. The meeting also changed the nomenclature of the position of the company's Board of Direct... |