Cement News tagged under: Indonesia
Indonesian cement market contracts 38% in May11 June 2020, Published under Cement NewsDemand for cement in Indonesia declined 38.3 per cent in May 2020 to 3,207,114t, according to the Indonesia Cement Association (ASI). In May 2019 domestic consumption reached 5,195,380t. The largest decrease was noted in the country’s largest market, Java, where demand fell 46.5 per cent from 3,025,312t in May 2019 to 1,619,822t in May 2020. Sumatra, the second-largest market, contracted by 29.4 per cent to 717,308t from 1,016,546t in May 2019. Offtake in Sulawesi fell 28.5 per cent to 279... |
Semen Indonesia Group sees 37% fall in May sales11 June 2020, Published under Cement NewsSemen Indonesia Group (SIG) reported a 36.7 per cent drop in sales to 2,114,125t in May 2020 when compared with 3,338,768t in May 2019. Of this total Semen Indonesia, including SBI, saw sales decline by 38.5 per cent YoY to 1,936,752t (May 2019: 3,149,339t). The company’s domestic deliveries fell by 42.6 per cent YoY to 1,581,892t while exports were down 10.3 per cent to 354,860t when compared with May 2019. In addition, Thang Long Cement Co (TLCC) posted a 6.4 per cent drop in sales to ... |
Southeast Asia’s capacity conundrum09 June 2020, Published under Cement NewsSoutheast Asia’s vibrant cement industry faces a serious but not insurmountable challenge from the current COVID-19 pandemic. In the long-run, structural overcapacity will be the key force of change, as it exerts pressure on business models, forces consolidation and calls time on new capacity. Figure 1: ASEAN GDP growth rates, 2019A-2021F Southeast Asia, which in this article relates primarily to the 10 nations making up the Association of South East Asian Nations (ASEAN) includ... |
Indonesian cement market contracts 6% in April15 May 2020, Published under Cement NewsCement consumption in Indonesia fell by 6.3 per cent YoY in April 2020 to 4.514Mt from 4.816Mt In April 2019, according to data published by the Indonesian Cement Association (ASI). Java, the country’s largest market, saw sales decline by 11. 3 per cent YoY to 2.412Mt from 2.718Mt in April 2019 while Sumatra was unable to offset the drop despite a 7.4 per cent uptick in volumes to 1.077Mt from 1.003Mt in April 2019. Sulawesi volumes edged up by 0.8 per cent to 0.394Mt, on Kalimantan consu... |
Semen Indonesia Group sales edge up in April14 May 2020, Published under Cement NewsSemen Indonesia Group (SIG) reported total sales in April 2020 of 3,060,256t, up 0.5 per cent when compared with April 2019, when the group achieved sales of 3,046,007t. Semen Indonesia (including SBI) saw sales advance in April 2020 by 0.7 per cent YoY to 2,860,091t from 2,841,406t. While domestic offtake slipped by 3.9 per cent from 2,516,121t in April 2019 to 2,419,221t one year later, export sales surged by 35.5 per cent YoY to 440,869t (April 2019: 325,285t). Thang Long Cement Co ... |
Indonesian clinker exports up but cement exports contract14 May 2020, Published under Cement NewsIndonesian cement producers have seen a 4.7 per cent uptick in clinker exports to 568,819t in April 2020 when compared with clinker export sales of 543,441t reported in April 2019, according to the country’s cement association, ASI. However, cement exports plummeted to 19,300t in April 2020, representing an 83.2 per cent drop when compared with April 2019, when 115,052t of cement was exported from Indonesia. As a result, total cement and clinker exports in April 2020 were down by 10.7 ... |
Taiheiyo Cement Corp signs MoU with Solusi Bangun Indonesia24 April 2020, Published under Cement NewsPT Semen Indonesia Tbk (SMGR), together with its affiliate PT Solusi Bangun Indonesia Tbk (SMCB), signed a memorandum of understanding (MoU) with Taiheiyo Cement Corp (TCC) on 21 April 2020. The initial agreement is to carry out investment and strategic cooperation between the parties. It includes an investment plan by TCC in SMCB, an agreement on exports to TCC and a partnership plan with TCC. The investment referred to in the MoU is related to the TCC's plan to make an investment in SMCB ... |
Baturaja Cement sales decreased 15% in 1Q2024 April 2020, Published under Cement NewsPT Semen Baturaja (Persero) Tbk experienced a downturn in cement sales in the first quarter of this year by 15 per cent. Semen Baturaja Corporate Secretary, Basthony Santri, stated that the decline in sales until March was due to the fall in cement demand due to several factors, one of which was the delay in a number of development projects in the southern Sumatra. "SMBR sales were down by 15 per cent, in line with the decline in cement demand in South Sumatra which is the basis for the S... |
Indonesian market contracts 7% in March23 April 2020, Published under Cement NewsCement demand in Indonesia declined 6.8 per cent to 4.817Mt in March 2020 when compared with 5.166Mt in March 2019, according to the Indonesian Cement Association (ASI). The reduction in consumption was the largest in Kalimantan where sales were 15.6 per cent lower YoY, reaching 299,715t. On Java, the largest market in Indonesia, demand was down 10 per cent to 2,558,239t while in Nusa Tenggara the drop was 8.8 per cent as 295,415t were delivered. Sulawesi saw market offtake down 3.6 per cen... |
Indonesian March exports: cement falls, clinker up23 April 2020, Published under Cement NewsExports of cement from Indonesia have fallen by 49.8 per cent YoY to 55,769t in March 2020 when compared with March 2019 when cement exports reached 111,065t, according to data released by ASI, the country’s cement association. However, clinker exports were reported to have seen a 12.6 per cent YoY increase to 512,192t in March 2020 from 454,877t in March 2019. Total exports remained stable at 569,961t in March 2020 when compared with 565,942t in March 2019. First quarter of 2020 In ... |