PT Holcim Indonesia 2013 sales dip

PT Holcim Indonesia Tbk reported lower sales volume in 2013, down two per cent to 8.43Mt compared to the 8.58Mt of cement sold in 2012.

The company represented 14.5 per cent of the domestic market share, according to the Indonesia Cement Association (ASI) as reported by Kontan.

Holcim currently operates cement plants in Narogong in West Java, Cilacap in Central Java and its new Tuban works which opened in 2H13. It has already secured US$315m for a second 1.7Mta line at Tuban, taking the company’s total Indonesian capacity to over 14Mta by 1H15.

Last week the ASI said domestic cement sales in 2013 grew by just 5.6 per cent to 59.5Mt, far lower than the 2012 growth figure of 14.5 per cent