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Indonesia: Cement Industry Indonesia: 6 New Plants Open in 1H-2016
Indonesia: Cement Industry Indonesia: 6 New Plants Open in 1H-2016
Mon, 01 August 2016 – Six cement factories with a combined annual production capacity of 13.1 million tons will be ready to start operations in the second half of 2016. These six cement plants are owned by Semen Bosowa, Semen Tiga Roda, Conch Semen, Semen Indonesia (two plants) and Semen Manokwari. Widodo Santoso, Chairman of the Indonesian Cement Association (ASI), said the development of the new plants will create an even larger cement oversupply in Indonesia. Annual national cement production capacity now stands at around 100 million tons, while demand is estimated at 63 million tons in 2016.
Given the rising oversupply in Indonesia (both clinkers and cement), Santoso hopes that domestic demand will improve, while Indonesian cement producers should also focus more on export markets. He added that he would also like to see a stop to cement imports as domestic cement production capacity is more than sufficient to meet domestic demand, both in quantity and quality. Read More?