Cement News tagged under: Indonesia
Indonesian cement market expands in September12 November 2021, Published under Cement NewsCement consumption in Indonesia advanced four per cent in September 2021. "Consumption of domestic [cement] in all regions is moving up, including Bali and Nusa Tenggara," said the chairman of the Indonesian cement association (ASI), Widodo Santoso. In the 9M21 domestic cement demand increased 5.5 per cent YoY to 46.9Mt. “With three months remaining, it is still difficult for domestic cement sales to return to the way it was before the pandemic. Especially with the threat of higher coal pr... |
Indocement sees 3% uptick in 8M21 sales08 October 2021, Published under Cement Newsndonesia-based Indocement Tunggal Prakarsa is on track to sell up to 18.1Mt of cement in 2021, according to Mirae Asset Sekuritas analyst Mimi Halimin. The company has seen its domestic sales expand by 3.3 per cent to 10.4Mt in the first eight months of the year. In August there was an 0.5 per cent uptick to 1.5Mt. “Although relatively flat from last year, the volume was 7.7 per cent higher than the previous month. This indicates a recovery in volume along with the gradual pick-up in econ... |
Indonesia's cement demand up 3% in August29 September 2021, Published under Cement NewsIndonesian cement consumption increased by 2.9 per cent to 6.03Mt in August 2021, according to the Indonesian Cement Association (ASI). In the January-August 2021 period, demand reached 40.49Mt, up 5.7 per cent YoY. The advance was reported throughout Indonesia, except for Bali and Nusa Tenggara, where consumption declined 3.5 per cent to 2.2Mt. Sulawesi saw demand rise 28.5 per cent to 4.06Mt, the largest expansion in the country. Java remains the largest regional market, accounting for... |
Top two Indonesian cement producers evolve growth strategies13 August 2021, Published under Cement NewsThis week, CemNet featured a plethora of half-yearly financial reports from leading cement producers, including Semen Indonesia Group (SIG). SIG operates in a domestic market with an industry capacity of 120.5Mta and, even with a leading 42 per cent market share, it is seeing competition increase from new entrants that have added 24.7Mta of cement capacity between 2013-18. To meet this challenge, SIG is poised to embark on a regional expansion, while its nearest domestic competitor is expect... |
Semen Indonesia Group sees 1H EBITDA up 2%10 August 2021, Published under Cement NewsSemen Indonesia Group (SIG) reported a 1.2 per cent uptick in revenue to IDR16.213bn (US$1.13m) in the 1H21 from IDR16.026bn in the 1H20. The increase in revenue was mainly due to higher regional sales volumes as importing countries saw their sales volumes increase. While domestic sales volumes were 1.5 per cent lower YoY at 14.345Mt in the 1H21 a 35.5 per cent increase in regional sales to 4.814Mt resulted in total sales up by 5.7 per cent to 19.159Mt. EBITDA edged up 2.1 per cent YoY t... |
Indonesian cement consumption up 19% YoY in May01 July 2021, Published under Cement NewsIndonesian cement demand decreased by 1Mt to 3.68Mt in May 2021 when compared with the previous month, according to the Indonesian Cement Association (ASI). However, when compared with May 2020, sales increased 19.2 per cent as COVID-19 and holidays affected demand, said ASI Chairman Widodo Santoso. Growth was particularly strong in the Sulawesi market, where demand was up 64 per cent YoY to 457,000t, representing a gradual recovery from a 11.8 per cent fall in 2020. Maluku and Papua r... |
Indonesian cement exports see 119% YoY rise in 5M2101 July 2021, Published under Cement NewsWhile cement exports from Indonesia decreased from 1.2Mt in March and April to 1Mt in May, the January-May 2021 volume saw a 119 per cent YoY rise to 5.69Mt, according to the Indonesian Cement Association (ASI). Around half of exports were shipped to Bangladesh while China accounted for an offtake of 740,531t, or 13 per cent, in the first five months of 2021. Taiwan, the Philippines and Australia each had a share of eight per cent of the total export volume. Sri Lanka has a three per ... |
Indonesia’s face of recovery21 June 2021, Published under Cement NewsCOVID-19 restrictions disturbed the Indonesian cement market last year, with demand and utilisation levels falling as the country continues to exhibit a significant capacity overhang. LEK Consulting provides a summary of 2020’s implications on the local cement scene and identifies key emerging themes that will shape the face of its recovery. By Manas Tamotia, LEK Consulting, Singapore. Despite lower cement demand registered last year, certain mitigating factors offset the overall impa... |
Semen Padang sees 31% jump in exports to Bangladesh and Sri Lanka08 June 2021, Published under Cement NewsSemen Indonesia Group subsidiary PT Semen Padang increased its cement and clinker exports to Bangladesh and Sri Lanka by 30.5 per cent YoY to 208,806t in April 2021, up from 160,000t in April 2020. The company exported 38,471t of OPC to Sri Lanka and 170,389t of clinker to Bangladesh, according to Rahman Kurniawan, group head of sales for Semen Indonesia Group in Padang, Indonesia. “In the January-April 2021 period, PT Semen Padang has exported 825,400t of cement and clinker to Banglades... |
North Sulawesi exports 63,046t in May01 June 2021, Published under Cement NewsIndonesia’s North Sulawesi province exported 63,046t of cement to Taiwan, the Philippines and Malaysia in May 2021, according to the North Sulawesi Industry and Trade Office. The value of exports totalled US$2.18m, with Malaysian exports representing US$1.1m from 32,496t alongside US$763,750 from 32,496t sent to Taiwan. Cement is a relatively new export from North Sulawesi and the Industry and Trade Office is reportedly on the look for new markets. |