Cement News tagged under: Indonesia
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... |
Indonesian cement demand expands 5% in 11M2105 January 2022, Published under Cement NewsCement demand in Indonesia reached 5.94Mt in November 2021, representing a 2.1 per cent drop YoY. ASI Chairman Widodo Santoso said the decline occurred in almost all areas on the islands of Java, Sumatra, Sulawesi, and eastern Indonesia. "The increase in consumption is only in two areas, namely Nusa Tenggara and Kalimantan," Mr Santoso said. Maluku and Papua saw the largest decline at seven per cent to 0.19Mt, followed by the key market of Java where demand reached 3.02Mt,d own 3.6 per ce... |
Cement output in Indonesia falls 22% in November, affecting exports23 December 2021, Published under Cement NewsThe total Indonesian production of cement and clinker in November 2021 reached 11.45Mt, down 22 per cent from 14.67Mt when compared with October 2021, according to the Indonesian Ministry of Industry. Director of the Cement, Ceramics and Non-Metal Mineral Processing Industry, Ignatius Warsito, attributed the decrease in output due to issues with the supply of coal. "The decrease in monthly production will reduce the specific utilisation for that month. The decrease in production will also ... |
Indocement awards FLSmidth contract for AF system25 November 2021, Published under Cement NewsHeidelbergCement subsidiary PT Indonesia Tunggal Prakarsa Tbk will be replacing the majority of its coal use with a full alternative fuels solution from FLSmidth, who will be delivering a MissionZero flagship product. The project will enable the Indonesian cement producer to use municipal waste and biofuels. PT Indocement awards AF contract to FLSmidth. Left to right: Lars Bo Larsen, Danish Ambassador to Indonesia – Jeppe Kofod, Danish Minister of Foreign Affairs – Leo Carnevale, F... |
Indonesian cement market expands in September12 November 2021, Published under Cement NewsCement consumption in Indonesia advanced four per cent in September 2021. "Consumption of domestic [cement] in all regions is moving up, including Bali and Nusa Tenggara," said the chairman of the Indonesian cement association (ASI), Widodo Santoso. In the 9M21 domestic cement demand increased 5.5 per cent YoY to 46.9Mt. “With three months remaining, it is still difficult for domestic cement sales to return to the way it was before the pandemic. Especially with the threat of higher coal pr... |
Indocement sees 3% uptick in 8M21 sales08 October 2021, Published under Cement Newsndonesia-based Indocement Tunggal Prakarsa is on track to sell up to 18.1Mt of cement in 2021, according to Mirae Asset Sekuritas analyst Mimi Halimin. The company has seen its domestic sales expand by 3.3 per cent to 10.4Mt in the first eight months of the year. In August there was an 0.5 per cent uptick to 1.5Mt. “Although relatively flat from last year, the volume was 7.7 per cent higher than the previous month. This indicates a recovery in volume along with the gradual pick-up in econ... |
Indonesia's cement demand up 3% in August29 September 2021, Published under Cement NewsIndonesian cement consumption increased by 2.9 per cent to 6.03Mt in August 2021, according to the Indonesian Cement Association (ASI). In the January-August 2021 period, demand reached 40.49Mt, up 5.7 per cent YoY. The advance was reported throughout Indonesia, except for Bali and Nusa Tenggara, where consumption declined 3.5 per cent to 2.2Mt. Sulawesi saw demand rise 28.5 per cent to 4.06Mt, the largest expansion in the country. Java remains the largest regional market, accounting for... |
Top two Indonesian cement producers evolve growth strategies13 August 2021, Published under Cement NewsThis 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 NewsSemen 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 May01 July 2021, Published under Cement NewsIndonesian 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... |