Below is a list with tagged columns and company profiles.

Today's Headlines Cement Sales

  • Indonesia's Cement Sales Indicate Country's Slowing Economic Growth

    Cement sales in Indonesia between January and May 2013 rose 6.9 percent to 23 million tons (year on year). In the month May alone, cement sales rose by 2.1 percent (to 4.7 million tons), one of the lowest monthly growth rates seen in the last years. Between January and April 2013, cement consumption had still grown at a pace of 8.6 percent (YoY). These numbers thus seem to indicate that Indonesia's economic growth is slowing down as cement sales reveal the state and pace of infrastructure and real estate projects.

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  • Semen Indonesia Intends to Continue its Expansion in Southeast Asia

    State-controlled cement producer Semen Indonesia is eager to expand its business outside of Indonesia. After acquiring a - USD $157 million worth - 70 percent stake in Vietnam's Thang Long Cement last year, it is now eyeing to take over a cement factory in Myanmar. Semen Indonesia has set aside USD $200 million for the acquisition, which it plans to conduct next year. Which Myanmar-based cement company will become target of the acquisition is still under evaluation.

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  • Company Profile Update: Holcim Indonesia, a Leading Cement Producer

    Indonesia Investments presents the updated company profile of Holcim Indonesia, Indonesia's third-largest cement producer. The company, part of the Swiss-based Holcim Group, provides a fully integrated range of cement types, concrete and aggregates to customers (mostly on Java). Indonesia's cement business has been booming in recent years and therefore Holcim is focused on expanding its production capacity through the construction of two Tuban plants. The company holds a 15 to 16 percent market share in Indonesia.

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  • Company Profile Update: Indocement, a Leading Indonesian Cement Producer

    Indocement Tunggal Prakarsa is the second largest cement producer of Indonesia in terms of market share. Its operations are spread across factories in West Java and South Kalimantan, comprising a total of 12 plants. At end 2012, Indocement’s total installed design capacity was 18.6 million tons of cement per year. Indocement offers a diversified range of cement products which are sold under the “Tiga Roda” brand. Indonesia's cement sector has shown a steep increase in domestic cement production and consumption.

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  • Indonesian Cement Producer Semen Baturaja Prepares IPO on Stock Exchange

    PT Semen Baturaja Tbk, a state-owned cement producer, will offer 20 to 35 percent of its equity to the public when it conducts its initial public offering (IPO) on the Indonesia Stock Exchange in June or July 2013. Initially, the Indonesian cement company was planning to conduct the IPO in 2012 but disagreement within the House of Representatives (DPR) - the government institution that needs to approve the IPO - resulted in a temporary postponement.

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  • Delayed Government Projects Cause Slowdown in Indonesia's Cement Sales

    Although Indonesia's January cement sales showed robust growth of 15 percent to 4.65 million metric tons (year-on-year), the country's cement sales in February slowed to 8.2 percent (4.39 million metric tons) compared to a year earlier; The slowest pace of growth in six months. Strong annual GDP growth has caused a rise in property and infrastructure projects but a delay in some government projects might be behind the slower cement sales growth in February.

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  • Cement Producer Semen Indonesia Posts 24.6 Percent Rise in Net Profit

    Semen Indonesia, Indonesia's largest cement producer, reported net profit of IDR 4.93 trillion (US $510.9 million) in 2012, a 24.6 percent increase compared to its performance in 2011. Earnings per share increased to IDR 817 from a previous IDR 662. The company benefits of significantly increased cement consumption in Southeast Asia's largest economy. Domestic cement consumption grew 14.4 percent, to 54.9 million tons in 2012.

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  • Holcim Indonesia Reports 27 Percent Increase in Net Profit

    Holcim Indonesia, Indonesia's third-largest cement producer, reported net profit of IDR 1.35 trillion (US $140.0 million) in 2012, a 27.0 percent increase compared to the previous year. Earnings per share increased to IDR 176. At the coming shareholders meeting (2 April 2013), the Board of Directors will propose a final dividend of IDR 48 per share. This brings total dividend in 2012 to IDR 80, as an interim dividend of IDR 32 per share was paid in September.

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  • Indonesia's Cement Sales Continue to Grow Strongly in January

    Last month, Indonesia's cement sales increased by 15 percent to 4.65 million metric tonnes compared to cement sales in January last year. Strong GDP growth of over six percent annually in recent years has caused a rise in property development and infrastructure projects. Per capita cement consumption in Indonesia - which currently stands at around 200 kilogram per year - is still one of the lowest in Asia.

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Latest Columns Cement Sales

  • Cement Industry Indonesia in 2015: Overview of the Main Players

    Cement Industry Indonesia in 2015: Overview of the Main Players

    The year 2015 may be a good one for Indonesian cement makers. The Indonesian government under the leadership of Joko Widodo is eager to invest heavily in the country’s infrastructure as this is one of the main bottlenecks that blocks higher economic growth. In the Revised 2015 State Budget the central government set aside IDR 290.3 trillion (USD $22.3 billion) for infrastructure development. Surely, the country's large cement producers - Semen Indonesia, Indocement Tunggal Prakarsa, Holcim Indonesia and Semen Baturaja - will benefit from this.

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  • Indonesian August Cement Sales Rise on Property & Infrastructure Projects

    Indonesian August Cement Sales Jump 37% on Property & Infrastructure Projects

    Indonesian cement sales jumped 37.4 percent (year-on-year) to 4.7 million tons in August 2014 due to higher cement demand from Indonesian property and infrastructure developers. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said that the development of smelters, power plants, apartments, hotels, and social housing has been key to improved cement sales last month. However, the 37.4 percentage point growth was also caused by fewer working days in August 2013 as the Lebaran holiday fell in that month.

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  • Indonesian Cement Sales Decline amid Slowing Economic Growth in 2014

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

    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

    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

    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

    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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  • State-Owned Cement Producer Semen Baturaja Conducts IPO

    IPO Semen Baturaja Indonesia Investments Richard van der Schaar

    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 Production Consumption Indonesia 2013 Richard van der Schaar

    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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