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News Exports drive Semen Indonesia’s sales volumes in 2018

Exports drive Semen Indonesia’s sales volumes in 2018

Written by Global Cement staff 28 February 2019
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Indonesia: Semen Indonesia’s sales export volumes grew by 68.7% year-on-year to 3.16Mt in 2018 from 1.87Mt in 2017. By comparison its local sales rose by 1.2% year-on-year to 27.4Mt from 27.1Mt. Overall, including the group’s Thanh Long Cement subsidiary in Vietnam, sales volumes increased by 5.8% to 33.2Mt from 31.3Mt.

Company Sigit Wahono said that domestic sales had been ‘undermined’ by oversupply in the local market, according to the Antara news agency. However, he said that the state-owned cement producer was planning to expand its export market to countries in Southeast Asia, South Asia, Africa and the Middle East, as well as Australia. The group has a production capacity of 53Mt/yr following its acquisition of Holcim Indonesia in early 2019.

Last modified on 06 March 2019
Published in Global Cement News
Tagged under
  • Indonesia
  • Semen Indonesia
  • Sales
  • Export
  • Thanh Thang Cement Corporation
  • GCW394

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