Cement News tagged under: Semen Indonesia Group
Semen Indonesia sales volume declines 3% in 202228 March 2023, Published under Cement NewsSemen Indonesia Group (SIG) recorded lower sales volume inline with lower domestic demand in 2022. Domestic cement sales volume weakened by 3.4 per cent YoY to 63.03Mt led by a contraction in bag sales volume of 8.7 per cent YoY due to price increases, while the bulk market maintained growth of 14.5 per cent. SIG’s total sales contracted by 12.9 per cent YoY to 36.92Mt. Domestic cement sales declined 7.2 per cent YoY to 31.6Mt in 2022, while regional sales fell by 36.4 per cent YoY ... |
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... |
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... |
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 ... |
Semen Indonesia rebrands as Semen Indonesia Group17 February 2020, Published under Cement NewsSemen Indonesia has rebranded to become Semen Indonesia Group (SIG), including a new logo, to reinforce the company’s environmental efforts and introduce itself as a provider of building materials solutions. Launching the new strategy, Adi Munandir, Semen Indonesia's director of Marketing and Supply Chain, told local press that: "We are already in the phase of thinking about our future. Cement manufacturers have a very industrialist connotation, sometimes connoted to activities that ar... |
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 ... |
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