PT Indocement factory to go online in 3Q16
PT Indocement Tunggal Prakarsa's new cement factory in Citeureup, West Java, is expected to be operable by the third quarter of 2016, with investment of IDR6.5trn (US$491m). I...
Indonesia
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Indonesia: incumbents suffer as new entrants fight for market share
Cement prices in Indonesia are falling as newer firms attempt to win market share from the established players, state-owned Semen Indonesia, HeidelbergCement’s Indocement Tungg...
PT Semen Indonesia
Semen Indonesia’s total cement sales reached 1.82Mt in February 2016, down almost nine per cent from the 1.99Mt recorded in the same month last year. Domestic sales fell 5.8 pe...
LafargeHolcim to target emerging markets
LafargeHolcim Ltd is confident that a rally will continue in emerging markets this year. Higher cement buying in countries such as India, Indonesia, the Philippines and Vietnam...
Indonesia: PT Indocement streamlines operational efficiency
Indonesia's second-largest cement producer, PT Indocement Tungall Prakarsa, has seen its net profit fall decelerate as operational efficiency measures have successfully taken h...
Semen Indonesia sets up Aceh joint venture
PT Semen Indonesia Tbk and PT Samana Citra Agung on 17 March signed agreement to set up a joint venture company, called PT Semen Indonesia Aceh, which will engage in producing ...
Indonesia sees 3% rise in Feb sales
Cement sales in Indonesia rose three per cent YoY to 4.45Mt in February 2016 from the same month one year earlier. Widodo Santoso, chairman of the Indonesia Cement Associatio...
Indonesia: Semen Baturaja reports double-digit sales growth
Semen Baturaja achieved a 20.66 per cent rise in cement sales last year to IDR1.46trn (US$109.32m), the Indonesian stated-owned cement company has said. The sales growth has ...
PT Indocement
Weak cement demand in Indonesia contributed to a 1.5 per cent decline in revenue for HeidelbergCement’s Asia-Pacific Group in 2015. The group’s cement, clinker and GGBS sales v...
ASI hopes infrastructure development and housing will boost Feb sales
Following the positive start to 2016, the Indonesia Cement Association (ASI) hopes to see an increase in February cement sales on the back of the government’s 1m-unit housing p...