PT Semen Indonesia to pay IDR239bn dividend
PT Semen Indonesia Tbk (SMGR) will pay a dividend of IDR239bn (US$16.9m) or 10 per cent of SMGR's net profit in 2019 which reached IDR2.39trn, down 22.3 per cent YoY. Per share...
Indonesia
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Indonesian export shipments surge 41% in May
Cement and clinker exports from Indonesia advanced 41 per cent YoY in May to reach 625,650t, according to the Indonesian Cement Association (ASI). In May 2019 cement and clinke...
Indonesian cement market contracts 38% in May
Demand 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...
Semen Indonesia Group sees 37% fall in May sales
Semen 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, includi...
Southeast Asia’s capacity conundrum
Southeast 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 t...
Indonesian cement market contracts 6% in April
Cement 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 (...
Semen Indonesia Group sales edge up in April
Semen 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. Sem...
Indonesian clinker exports up but cement exports contract
Indonesian 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 2...
Taiheiyo Cement Corp signs MoU with Solusi Bangun Indonesia
PT 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 ...
Baturaja Cement sales decreased 15% in 1Q20
PT 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, s...