Cement News tagged under: Indonesia
Indonesian clinker exports up but cement exports contract14 May 2020, Published under Cement NewsIndonesian 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 2019, according to the country’s cement association, ASI. However, cement exports plummeted to 19,300t in April 2020, representing an 83.2 per cent drop when compared with April 2019, when 115,052t of cement was exported from Indonesia. As a result, total cement and clinker exports in April 2020 were down by 10.7 ... |
Taiheiyo Cement Corp signs MoU with Solusi Bangun Indonesia24 April 2020, Published under Cement NewsPT 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 21 April 2020. The initial agreement is to carry out investment and strategic cooperation between the parties. It includes an investment plan by TCC in SMCB, an agreement on exports to TCC and a partnership plan with TCC. The investment referred to in the MoU is related to the TCC's plan to make an investment in SMCB ... |
Baturaja Cement sales decreased 15% in 1Q2024 April 2020, Published under Cement NewsPT 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, stated that the decline in sales until March was due to the fall in cement demand due to several factors, one of which was the delay in a number of development projects in the southern Sumatra. "SMBR sales were down by 15 per cent, in line with the decline in cement demand in South Sumatra which is the basis for the S... |
Indonesian market contracts 7% in March23 April 2020, Published under Cement NewsCement demand in Indonesia declined 6.8 per cent to 4.817Mt in March 2020 when compared with 5.166Mt in March 2019, according to the Indonesian Cement Association (ASI). The reduction in consumption was the largest in Kalimantan where sales were 15.6 per cent lower YoY, reaching 299,715t. On Java, the largest market in Indonesia, demand was down 10 per cent to 2,558,239t while in Nusa Tenggara the drop was 8.8 per cent as 295,415t were delivered. Sulawesi saw market offtake down 3.6 per cen... |
Indonesian March exports: cement falls, clinker up23 April 2020, Published under Cement NewsExports of cement from Indonesia have fallen by 49.8 per cent YoY to 55,769t in March 2020 when compared with March 2019 when cement exports reached 111,065t, according to data released by ASI, the country’s cement association. However, clinker exports were reported to have seen a 12.6 per cent YoY increase to 512,192t in March 2020 from 454,877t in March 2019. Total exports remained stable at 569,961t in March 2020 when compared with 565,942t in March 2019. First quarter of 2020 In ... |
Semen Indonesia Group sales slip 2% in March22 April 2020, Published under Cement NewsTotal sales of Semen Indonesia Group (SIG) fell two per cent in March 2020 to 3,098,449t when compared with March 2019, when sales reached 3,161,373t, according to data released by SIG. Semen Indonesia, including PT Solusi Bangun Indonesia (SBI), reported a 4.9 per cent YoY drop in sales to 2,879,329t as the domestic market contracted by 9.5 per cent with offtake at 2,490,257t. However, exports advanced by 40.2 per cent YoY to 389,072t in March 2020. Thang Long Cement Co (TLCC) posted a... |
China: outward bound23 March 2020, Published under Cement NewsChina’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential vehicles driving the global spread of Chinese technology and providing a platform for corporate cement and construction giants to enter new markets. ICR takes a look at the initiative’s progress to date and the impact on China’s cement industry, as its shifts from its purely domestic production base to establishing its p... |
Indonesia: sluggish local demand in February as export conditions to China deteriorate20 March 2020, Published under Cement NewsThe Indonesian Cement Association (ASI) noted the rate of YoY decline in national cement consumption has slowed to -0.1 per cent in February from January's position, which was -7.5 per cent. In addition, export volumes, which had surged 40 per cent in January, dropped by 27.9 per cent to 440,000t in February. "It is unfortunate that our cement and clinker exports, which we hope can improve the performance of the cement industry, are constrained by the presence of a corona [virus], resulti... |
Semen Indonesia's rebirth21 February 2020, Published under Cement NewsWith the new name of Semen Indonesia Group (SIG) and a new logo, PT Semen Indonesia announced this week a radical change for the company that will reinforce its transformation into a complete provider of building material solutions. The changes are seen as a way to address the growing needs of customers. The logo change is part of the company's transformation to build a sustainable life for future generations. SIG is focussed on developing innovations to answer the challenges of bui... |
Semen Indonesia rebrands as Semen Indonesia Group17 February 2020, Published under Cement NewsSemen Indonesia has rebranded to become Semen Indonesia Group (SIG), including a new logo, to reinforce the company’s environmental efforts and introduce itself as a provider of building materials solutions. Launching the new strategy, Adi Munandir, Semen Indonesia's director of Marketing and Supply Chain, told local press that: "We are already in the phase of thinking about our future. Cement manufacturers have a very industrialist connotation, sometimes connoted to activities that ar... |