Indonesia: Indonesia's largest cement producer, Semen Indonesia has reported a 16% increase in cement sales year-on-year for the period January to August 2013 to 16Mt. This increase was supported by a 15% sales growth in the domestic market to 15.8Mt. Exports rose by 373% to 191Mt.
Semen Indonesia President Director Dwi Soetjipto said that the sales increase was also supported by the operations of its cement plants, Tuban IV and Tonasa V. In the first eight months of 2013 Semen Indonesia grew its market share to 44% from 40.2% in the same period in 2012. Semen Indonesia contributed to the majority of sales at 51.2%, followed by its subsidiary Semen Padang at 27.5% and Semen Tonasa at 21.2%. Semen Indonesia reported that its profit rose by 22.9% year-on-year to US$227m for the first eight months of 2013. Revenue rose by 31.9% year-on-year to US$1bn.
In 2013, Semen Indonesia aims to increase its cement production by 23.1% to 27.7Mt/yr from 22.5Mt/yr.
