Cement News tagged under: Indonesia
Indonesian cement exports see 119% YoY rise in 5M2101 July 2021, Published under Cement NewsWhile 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 recovery21 June 2021, Published under Cement NewsCOVID-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 Lanka08 June 2021, Published under Cement NewsSemen 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 May01 June 2021, Published under Cement NewsIndonesia’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 1.3Mt25 May 2021, Published under Cement NewsPT 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 1Q2129 April 2021, Published under Cement NewsThe 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 volumes08 March 2021, Published under Cement NewsIndonesia’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... |
Semen Indonesia records 4Q20 results earnings of IDR1.25trn02 March 2021, Published under Cement NewsPT Semen Indonesia (SMGR) booked 4Q20 earnings of IDR1.25trn (US$87.5m), up 35 per cent YoY, bringing 2020 earnings to IDR2.8trn, a rise of 17 per cent YoY, helped by lower interest costs and tax expenses. SMGR 2020 revenues of IDR35.2trn were down 13 per cent YoY, mainly due to lower volume and higher export sales. SMGR reported total 2020 volumes of 38.8Mt, an eight per cent YoY drop. This was dragged down by domestic sales of 32Mt, down 13 per cent YoY, while export sales rose ... |
Two Indonesian producers expect 3-4% cement volume increase in 202102 March 2021, Published under Cement NewsPT Semen Indonesia (SMGR ) and Indocement Tunggal Prakarsa (INTP) expect domestic cement volume to grow 3-4 per cent YoY in 2021. This could be achieved through a recovery in bulk cement, which declined in 2020 by 22 per cent YoY. Volume is expected to remain soft in the 1Q21 in Indonesia with turnaround expected to occur in the 2Q21, added UBS Global Research (Indonesia). In 2020 there was increased competition in Java and Kalimantan, but the average selling price for Tier-1 brands r... |
All of SIG’s cement plants now operate on alternative fuels09 February 2021, Published under Cement NewsPT Semen Indonesia Tbk (SMGR) has released a goal of getting all of its cement plants to operate on alternative fuel. This effort will also support the government’s aim of reducing Indonesia’s use of coal. "We want to provide a long-term solution in overcoming the problem of domestic waste that can have a positive impact on the environment and society at large," said SMGR Director, Hendi Prio Santoso, in a press statement in Jakarta. He explained that all SMGR factories now without ... |