Cement News tagged under: Indonesia
Indonesia: Semen Baturaja reports double-digit sales growth03 March 2016, Published under Cement NewsSemen 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 enabled the company to see its net profit increase by 5.43 per cent to IDR354.67bn throughout 2015. The government's focus on infrastructure projects is seen as benefitting cement companies that support construction and infrastructure firms. Sales of Semen Baturaja's bulk cement, often used in government infrastruct... |
PT Indocement02 March 2016, Published under Cement NewsWeak 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 volumes also fell in the region, down by 4.5 per cent to 23.5Mt, compared to 2014. The poor demand is being blamed on Indonesia’s excess cement production capacity putting pressure on prices, and delays in infrastructure programmes. According to the company, disappointing sales volumes are also being attributed to “the ... |
ASI hopes infrastructure development and housing will boost Feb sales02 March 2016, Published under Cement NewsFollowing 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 programme and infrastructure development in villages (for which the government allocated IDR47trn in the 2016 State Budget). Earlier this week, Indonesian Finance Minister, Bambang Brodjonegoro, said the government's spending on infrastructure projects in the first month of the year had increased 15 times to IDR1.5trn ... |
Indonesia: robust monthly cement sales gains19 February 2016, Published under Cement NewsOfficial Indonesia cement industry statistics for January 2016 show robust gains in domestic demand and exports compared to the previous year. Local cement consumption in January 2016 climbed 4.4 per cent to 5.14Mt. Monthly consumption was up in all but two regions: • Java (+5.3 per cent) • Sumatra (15.8 per cent) • Sulawesi (+19.0 per cent) • NT (+1.6 per cent) • Kalimantan (-30.6 per cent) • Maluku & Irian Jaya (-13. per cent) Including cement exports of 33,926t (+371.2 p... |
Indonesia January sales rise 4.4%12 February 2016, Published under Cement NewsIndonesian cement sales have begun the year on a positive note, rising by 4.4 per cent YoY in January to 5.14Mt on the back of high demand from infrastructure projects across the country "This shows that the government is able to start construction of housing and infrastructure early in the year. In addition, construction of power plants, smelters and other projects helped boost sales of cement," the Jakarta Globe quoted Widodo Santoso, chairman of the Indonesian Cement Association, as sayi... |
Anhui Conch26 January 2016, Published under Cement NewsWith cement demand shrinking in its home market, Anhui Conch is ramping up its business overseas. In January-September 2015, China reported a five per cent YoY fall in cement production thanks to its cooling economy and slowing infrastructure investment at home. With its domestic market also suffering from chronic oversupply, Anhui has its eyes firmly set on the Southeast Asia market. April this year will mark the opening of four plants by Anhui in Indonesia with a total production capac... |
PT Semen Indonesia26 January 2016, Published under Cement NewsPT Semen Indonesia has said that it will continue to focus on its domestic market despite sales remaining sluggish in 2015. According to the company, cement consumption is expected to expand by more than five per cent in 2016, compared to a stagnant one per cent last year. Despite sales falling at the company by 0.3 per cent from January to November 2015, its President Director, Mr Suparni, has said it hopes to boost sales by as much as six per cent in 2016, driven by numerous government inf... |
PT Indocement26 January 2016, Published under Cement NewsDespite cement sales in Indonesia being forecast to rise by around 10 per cent YoY in 2016, increased competition and rising production capacity will have an adverse effect on cement producers’ profit margins, according to Indonesian securities brokerage firm Ciptadana Securities. At least seven new plants are expected to push the country’s installed production capacity to over 90Mta by the end of this year, compared to 77Mta at the start of 2015. 2015 was a disappointing year for the cou... |
Indonesia: exports offset slower domestic sales22 January 2016, Published under Cement NewsCement industry statistics show that full-year 2015 consumption in Indonesia increased by 0.8 per cent YoY to 60.4Mt, while including exports, sales were up by 2.1 per cent to 61.448Mt. While December 2015 showed a rise in Indonesian sales (+2 per cent including exports) the full-year figures are only modestly higher due to the poor sales in the earlier months of 2015. Exports (with a full-year increase of +209.9 per cent) offset relatively slow domestic sales. The country's largest c... |
Holcim Indonesia completes acquisition of Lafarge Cement Indonesia20 January 2016, Published under Cement NewsHolcim Indonesia Tbk has acquired Lafarge Cement Indonesia, following the merger of the two parent companies. The company has signed a conditional purchase agreement with respect to the purchase of all the shares owned by Financière Lafarge SA of Lafarge Cement Indonesia on 29 December 2015. Closing of the transaction is dependent on the fulfillment of several conditions, including approval by relevant authorities. The company received funds from Holderfin BV – SMCB's controlling... |