Semen Indonesia grows sales by 10% in first five months of 2017

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Indonesia: Semen Indonesia increased its cement sales by 10% year-on-year to 11.5Mt in the first five months of 2017. The cement producer was pleased with the result, despite competition concerns and lower than expected government infrastructure spending, according to the Antara news agency. Company communications chief Sigit Wahono added that the company controls about 43% of the local market and this has remained stable since 2012. At present its market depends on bagged residential retail sales.

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URL: https://globalcement.com/news/item/6203-semen-indonesia-grows-sales-by-10-in-first-five-months-of-2017

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