Below is a list with tagged columns and company profiles.
Latest Reports Cement Sales
Indonesian cement manufacturers remain optimistic that domestic cement consumption in Indonesia will rise more markedly in the second half of the year. In the first half of the year national cement sales rose 3.48 percent year-on-year (y/y) to 30.0 million tons.
Cement sales in Indonesia rose 6.6 percent year-on-year (y/y) to 15.7 million tons in the first quarter of 2018. While the Indonesian Cement Association (ASI) initially expected cement consumption to be flat in March, consumption actually rose 3.4 percent (y/y) to 5.21 million tons in the third month of the year, hence pushing the overall Q1 figure to 15.7 million tons. A country's cement sales are a good indicator to measure its property and infrastructure development.
Indocement Tunggal Prakarsa, the second-largest cement manufacturer in Indonesia, has high hopes for its second brand in the low-end cement market of Indonesia. Considering the challenging environment for the nation's cement companies - most notable the fierce competition and significant supply glut - Indocement is using another strategy in order to gain its market share.
Domestic cement consumption in Indonesia rose 5.2 percent year-on-year (y/y) to 4.79 million tons in February 2018, supported by significantly rising cement demand on the islands of Sumatra and Kalimantan. Widodo Santoso, Chairman of the Indonesia Cement Association (ASI), said most provinces on Sumatra showed rising appetite for cement last month with the exception of West Sumatra and Bengkulu.
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.
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.
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.
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.
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.
Cement sales in Indonesia rose 0.2 percent year-on-year (y/y) to 4.54 million tons in February 2017 from 4.54 million tons in the same month one year earlier. This growth pace is considerably below market participants' targets. Weak cement sales in the second month of 2017 are blamed on weather conditions (the high amount of rainfall that caused floods in several parts of Indonesia) and on the fact that direct investment (in infrastructure and property) outside Java remains bleak.
Latest Columns Cement Sales
Indocement Tunggal Prakarsa (INTP), Indonesia's second-largest cement producer, is planning to invest between US $260 and $320 for the establishment of three new cement factories. One of these factories - with a production capacity of 4.4 million ton per year - will be built on brownfield land (in Citeureup, West Java), while the other two will be built on greenfield land and will have a combined production capacity of about five million ton annually.
Associated businesses Cement Sales
