Cement News tagged under: Indonesia
Indonesia October sales support full-year forecast02 December 2015, Published under Cement NewsIndonesian consumption figures in October 2015 showed a huge sales volume gain over the same month of the previous year, but year-to-date figures are just slightly higher due to poor sales during the earlier months of this year. Domestic demand rose by 10.2 per cent YoY in October 2015 to 6.348Mt. Meanwhile, cement exports were 57,000t (+694.1 per cent) and clinker exports doubled to 56,000t. Total sales (domestic plus exports) during the month were 6.421Mt – translating to a rise of 1... |
PT Indocement01 December 2015, Published under Cement NewsThe Indonesian cement market is expected to grow by 3-5 per cent in 2016, according to PT Indocement. Government infrastructure projects are predicted to lead to strong concrete and bulk cement demand with several new players due to enter the market. Devaluation of the rupiah has been a challenge for Indonesia’s cement producers through 2015, offsetting any gains from lower electricity costs, and is predicted to continue to weaken into 2016. However, according to PT Indocement, its new br... |
Infrastructure pick up boosts Indonesia sales16 November 2015, Published under Cement NewsIndonesia's cement sales climbed 10.7 per cent YoY to 6.4Mt in October 2015 as government-related infrastructure development has picked up in the second half of the year, according to the latest data from the Indonesian Cement Association (ASI). Widodo Santoso, Chairman of the ASI, said various infrastructure projects – such as regional government projects as well as smelter and power plant construction – have started and are therefore boosting cement sales. Cement sales only contracted on... |
Semen Indonesia to commission new packing plant13 November 2015, Published under Cement NewsPT Semen Indonesia will commission a new cement packing plant in Pontianak, West Kalimantan, sales department chief of the state company Bambang Djoko told local press. "The packing plant will strengthen the position of Semen Indonesia in cement industry in West Kalimantan and in the country in general. Currently the company has a 35 per cent share of cement market in the province," Bambang Djoko said. "Infrastructure development in Pontianak and West Kalimantan in general has been especi... |
PT Indocement28 October 2015, Published under Cement NewsPT Indocement, along with the country’s other cement producers, will be hoping that the latest foreign direct investment (FDI) announcement from the Indonesia Investment Co-ordinating Board (BKPM) will spur on infrastructure investment, leading to an increased demand for cement. FDI into Indonesia grew by 18.1 per cent YoY in 2Q15 to US$6.86bn, according to BKPM. It is hoped that the steady inflow of FDI will help boost the country’s economy which slowed in terms of growth to a six-year... |
State-owned Indonesia producers plan Kupang plant16 October 2015, Published under Cement NewsState-owned Indonesian cement producers PT Semen Indonesia and PT Semen Kupang are planning to build a new cement factory in Kupang, in the eastern province of East Nusa Tenggara . The plant involves an investment of IDR2.5trn (US$185.19m) and will have a capacity of 1.5Mta, according to local press reports. The Heads of Agreement (HoA) document was signed by both companies on Thursday. Groundbreaking for the new works is slated for 2016. Agung Wiiharto, corporate secretary of Semen Indon... |
Indonesia September sales ahead15 October 2015, Published under Cement NewsIndonesia cement sales rose by 2.8 per cent in September, latest data from the Indonesia Cement Association (ASI) shows. Sales rose to 5.79Mt last month, from 5.63Mt a year earlier. Cement sales had picked up pace in August, following contraction over several months of the year, due to delays in government infrastructure construction. "Cement sales for infrastructure have picked up, now it accounts for 23 per cent of our sales up from 20 per cent last year," the Jakarta Globe quote... |
ASI confident on Sept-Dec sales growth, Indonesia30 September 2015, Published under Cement NewsThe Indonesian Cement Association (ASI), is confident that sales will rise by 4-5 per cent beginning in September until December 2015. This optimism, according to association Widodo Santoso , is based on information that the million-house project as well as infrastructure projects outside Java have commenced. "An increase of four per cent is relatively easy to achieve. Last year, we didn't have infrastructure development outside Java," local press quoted him as saying on Monday. The ASI es... |
PT Semen Indonesia29 September 2015, Published under Cement NewsPT Semen Indonesia’s total cement sales volumes grew by 11.5 per cent to 2.33Mt in August, compared to 2.01Mt in the same month last year. Of this, Semen Indonesia accounted for 1.27Mt, an increase of 13 per cent compared to August 2014, while Semen Padang sold 578,067t, representing a 10.5 per cent expansion, and Semen Tonasa saw a 9.2 per cent increase to 477,039t. Another notable improvement was Semen Padang’s exports which jumped by 51.3 per cent in August this year to 21,308t, compared ... |
PT Indocement29 September 2015, Published under Cement NewsAccording to Reuters, some say that the outlook for domestic cement sales growth in Indonesia could be the worst in a decade. Production capacity has surged over recent years on the back of a promised increase in infrastructure spending. Recent figures put production capacity in the country at 75.5Mta by 2016, up by 67 per cent since 2011. But, in reality, infrastructure spending has been delayed by red tape and the Indonesian economy is growing at its slowest rate for six years. For PT ... |