PT Semen Indonesia - September 2018

In August 2018 PT Semen Indonesia sold 20.67Mt of cement, up four per cent compared to the same period a year earlier. Domestic sales came in at 16.93Mt while exports reached 1.99Mt during the month, an increase of 42.7 per cent YoY. The company is reportedly aiming for exports of 3Mta this year, equivalent to IDR4.44trn (US$297,687), to help boost plant utilisation rates. Most exports from Semen Indonesia are destined for Sri Lanka, Tahiti, Timor Leste, Tonga, UAE, Philippines and China.