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Berita Hari Ini Cement

  • Indonesia's Domestic Cement Sales Increased 7.6% in 2017

    The Indonesian Cement Association (ASI) said cement sales in Indonesia grew by 7.6 percent year-on-year (y/y) to 66.4 million tons in full-year 2017. Widodo Santoso, Chairman of ASI, said cement sales rose in all regions across the country with the exception of Kalimantan and Sulawesi. As usual, the biggest cement consumer in 2017 was Java. This island accounted for 57 percent of total cement consumption in Indonesia in 2017, followed by Sumatra with 21 percent.

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  • Domestic Cement Sales & Exports Semen Indonesia Rise in October

    Indonesia's state-controlled cement manufacturer Semen Indonesia experienced a 8.8 percent year-on-year (y/y) increase in domestic cement sales to 2.77 million tons in October 2017. Meanwhile, the company's cement exports jumped a whopping 131.2 percent (y/y) in the same month. However, these exports (145,271 tons of cement in October 2017) come from a low base.

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  • Cement Consumption in Indonesia Rises Ahead of Year-End

    Demand for cement in Indonesia is rising ahead of the year-end. Growing cement demand is attributed to the speeding up of construction of several national strategic infrastructure projects. Widodo Santoso, General Chairman of the Indonesian Cement Association (ASI), said cement consumption in Indonesia rose 12.5 percent year-on-year (y/y) to 6.76 million tons in October 2017.

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  • Cement Industry Indonesia Update: Positive Domestic Sales & Exports

    Cement consumption continued to improve in Indonesia in August 2017 on the back of rising demand from Java and the eastern region of Indonesia. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said Indonesia's cement consumption rose 9 percent year-on-year (y/y) to 6.47 million tons in August 2017.

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  • Cement Industry of Indonesia Plagued by Oversupply Woes

    Over the past two years the cement oversupply in Indonesia has become increasingly excessive. Indonesia's total annual installed cement production capacity has now risen to 106.3 million tons, while domestic demand may not exceed 65 million tons in 2017. Moreover, production capacity will rise further this year as Semen Indonesia will open two new plants later this year.

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  • Semen Indonesia to See Cement Production Capacity Rise in 2017

    Indonesia's largest cement producer Semen Indonesia, which controls about 41 percent of the domestic cement market, targets to have raised its annual installed cement production capacity to 37 million tons by September 2017. Johan Samudra, Director of Production and Business Strategy at Semen Indonesia, said the company's production capacity currently stands at 32-33 million tons.

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  • Cement Sales Indonesia Fell in First Half 2017, Exports Rise

    Indonesian cement producers urge the government to protect the nation's existing cement manufacturers that have invested heavily in expanding production capacity in recent years but are plagued by the combination of weak domestic cement consumption and Indonesia's rising overall cement production capacity. Both factors are the reason behind the oversupply of cement in Southeast Asia's largest economy.

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  • Semen Indonesia Creates New Unit, Sees Consolidation in Cement Sector

    Indonesia's leading cement manufacturer Semen Indonesia created a joint venture (JV) together with its subsidiary Semen Indonesia Beton. This JV - named Semen Indonesia Industri Building - is active in the building materials sector. Semen Indonesia controls 99 percent of the shares in this new entity, while Semen Indonesia Beton owns the remaining 1 percent.

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  • Cement Consumption in Indonesia Continues to Rise in May 2017

    In May 2017 Indonesia's national cement consumption extended the rise that started in the preceding month supported by a recovery in the property sector and infrastructure development projects. Based on data from the Indonesian Cement Association (ASI), cement demand grew 7 percent year-on-year (y/y) to 5.47 million tons in May. Meanwhile, cement sales rose 4.1 percent (y/y) to 25.26 million tons in the January-May 2017 period.

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  • Cement Industry Indonesia: Export Growth from Low Base

    The Indonesian Cement Association (ASI) has high hopes for Indonesia's cement exports this year. Widodo Santoso, Chairman of the ASI, said he wants the nation's exports grow to the range of 2 - 3 million tons in 2017, up from 1.5 million tons in the preceding year (implying nearly 100 percent year-on-year growth). By the year 2019 the association targets to see 5 million tons of cement exports shipped abroad from Indonesia.

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Artikel Terbaru Cement

  • Indonesian Cement Sales Decline amid Slowing Economic Growth in 2014

    Indonesian cement sales have slowed and may not achieve the target set for 2014. In the first half of 2014, the country’s domestic cement sales totaled 28.9 million tons, a 3.9 percentage point increase from the same period last year, well below the growth target of 6 percent (year-on-year, yoy). However, this development is no surprise as economic growth of Indonesia has slowed in recent years. Cement sales, a key indicator of construction activity (infrastructure and property development) are closely linked to general GDP growth.

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  • Indonesian Cement Sales Decline in April 2014 due to Legislative Election

    Indonesian cement sales fell 0.4 percent (year-on-year) to 4.52 million tons in April 2014. The decline in cement sales was the result of the country’s legislative election that was held on 9 April 2014 as consumers bought few building materials during the campaign period. Head of the Indonesian Cement Association (ASI) Widodo Santoso stated that a number of large infrastructure projects are currently being tendered and are thus unable to boost domestic cement sales yet.

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  • Indonesia's Jakarta Composite Index Extends Winning Streak on Monday

    Indonesia's Jakarta Composite Index Extends Winning Streak on Monday

    Investors’ appetite for Indonesian stocks, particularly the big cap stocks, made Indonesia’s benchmark stock index (known as the Jakarta Composite Index or IHSG) rise further on Monday (14/04). Most of the sectoral indices were up, led by the property sector and followed by basic industries. Contrary to most Asian indices, which were mixed today (with raw materials in particular being sold by investors), the IHSG managed to climb 1.00 percent to 4,864.88 points.

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  • Along Slowing Economy and Floods Indonesia's Cement Sales Decline

    Indonesia's cement sales in January 2014 declined 1 percent to 4.65 million metric tons from the same month in 2013 (4.68 million metric tons). The decline was caused by severe floods brought about by high rainfall amid a peak in Indonesia's rainy season. The floods resulted in disrupted distribution networks, therefore blocking cement shipments to retailers. Moreover, these weather conditions caused the postponement of several construction activities, thus reducing demand for cement.

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  • Indonesia's Cement Sales Continue to Slow amid Weaker Property Sector

    According to the Indonesian Cement Association (ASI), cement sales in Indonesia reached 41.6 million tons in the first three quarters of 2013, a 5.3 percent increase compared to domestic cement sales in the same period in 2012 (39.5 million tons), while Indonesia's cement exports jumped by 187 percent to 503 thousand tons. As such, total cement sales from January to September 2013 grew 6.2 percent to 42 million tons. Meanwhile, Semen Indonesia, Indonesia's largest cement producer, managed to expand its market share.

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  • Indonesia's Falling Cement Sales in August 2013 Indicate Slowing Economy

    According to data from the Indonesian Cement Association (ASI), domestic cement sales have fallen 5.8 percent to 3.3 million tons in August 2013 (from the same month last year). Being an important indicator of economic expansion (as cement sales inform about the development of property and infrastructure projects in the country), these lower cement sales confirm the slowing pace of economic growth in Indonesia. Compared to July 2013, cement sales in Indonesia fell by a massive 32 percent.

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  • Slowing Growth in Indonesian Cement Sales Continues in Semester II

    Cement sales in Indonesia grew by seven percent to 32.9 million tons in the period January to July 2013. This pace of growth is significantly lower compared to the double-digit cement growth rate last year and thus forms another sign of cooling economic growth in Southeast Asia's largest economy (cement sales are a good indicator to measure the state of economic growth of a country). A slowdown in domestic cement sales is likely to continue in the second half of 2013, partly due to a decline in infrastructure projects.

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  • Bank Indonesia Tries to Curb Credit Growth in Indonesia's Property Sector

    Starting from 1 September 2013, the minimum down payment for the purchase of a second house or apartment (bigger than 70 m²) in Indonesia will be raised to 40 percent. Indonesia's central bank (Bank Indonesia) implements this new rule to avoid a possible credit bubble in Indonesia's property sector. The country's property sector has been booming in recent years, giving rise to many new property projects, soaring profits for property companies (as well as impressive stock performance) and significantly rising property prices.

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  • State-Owned Cement Producer Semen Baturaja Conducts IPO

    State-owned cement producer Semen Baturaja invites investors to its initial public offering (IPO) between 29 May and 7 June 2013 at the Ritz Carlton Pacific Place in Jakarta. Through this IPO, the company offers 2.34 billion shares (about 23.76 percent of its stock equity) to the public with an initial price target of IDR 500 - 685 per share (USD $0.05 - $0.07). Semen Baturaja will be listed on the Indonesia Stock Exchange (BEI) on 28 June 2013. The lead underwriters for this IPO are Bahana Securities, Danareksa Securities and Mandiri Securities.

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  • Indonesia's Cement Consumption Grows 8.6% in January - April 2013

    Cement consumption in Indonesia increased 8.6 percent to 18.11 million tons in the first four months of 2013. Demand was particularly supported by property and housing projects in the bigger cities of Indonesia. Another pillar of support was found in the development of various infrastructure projects (including those within the framework of the government's ambitious MP3EI plan). The Indonesian Cement Association expects this year's cement consumption in Indonesia to rise to 61 million tons in total.

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