Cement News tagged under: oversupply
Semen Indonesia19 October 2016, Published under Cement NewsDespite missing out on its bid to win shares in Holcim (Lanka) Ltd in Sri Lanka back in July, Semen Indonesia says that it is pushing ahead with its expansion plans throughout the ASEAN region. 2016 will see the commissioning of its new 8000tpd, greenfield plant near Rembang in Central Java, forming part of the company’s plan to target production of up to 100Mta by 2030. This is despite a recent decision by Indonesia’s Supreme Court to cancel an environmental permit for the plant, which is c... |
Indonesian cement exports expected to grow 50%30 August 2016, Published under Cement NewsIndonesia's cement and clinker exports are forecast to reach 1.5Mt in 2016, a 50 per cent increase when compared with the export volume of the previous year. In the seven months to July, exports had already noted a 63 per cent YoY increase. Indonesia exported 833,000t of cement and clinker in January-July, according to the Indonesia Cement Association (ASI). Around 509,000t of this was clinker while the remainder consisted of bulk cement. The news is particularly welcome for the countr... |
SE Asia towards oversupply?20 June 2016, Published under Cement NewsThe southeast Asian cement market has seen rapid demand growth in recent years. Backed by favourable macroeconomic trends, it is likely to remain one of the fastest-growing cement markets. Many cement producers, both local and international, performed very well in this region and are keen to expand their existing capacity, while for others entering these enticing markets has become a priority. By The Jakarta Advisory Group, Indonesia. Fast-growing southeast Asian markets are attractin... |
Indonesia heats up23 June 2015, Published under Cement NewsDomestic cement demand in Indonesia is expected to grow strongly in the future, largely driven by infrastructure developments and an improved economic outlook. However, the current high margins enjoyed by local producers look set to come under pressure as new capacity comes on-stream and competition heats up. By Isnaptura Iskandar, Maybank Kim Eng Securities, Indonesia. A healthy economic outlook and infrastructure are likely to underpin demand going foward Indonesia’s peaceful ... |