https://ml-eu.globenewswire.com/Resource/Download/a1d2cdac-6743-4103-98a9-7743c6cd1ef5 FLSmidth and Indocement HOTDISC signing The persons on the image are from left to right; •Mr. Lars Bo Larsen, Danish Ambassador to Indonesia•Mr. Jeppe Kofod, Danish Minister of Foreign … FLSmidth powers INDOCEMENT’s move from coal to alternative fuels in Indonesia Læs mere »
PT Indocement Tunggal Prakarsa records April sales volume of 1.3Mt 25 May 2021
PT Indocement Tunggal Prakarsa Tbk recorded a sales volume of 1.3Mt throughout April 2021. This realisation was 13 per cent higher than sales in the same period last year.
Director and Corporate Secretary of Indocement Tunggal Prakarsa, Antonius Marcos, said that this increase was mainly due to the fact that April last year was the first month of the COVID-19 pandemic in Indonesia.
In April 2021 are around 100,000t lower than sales in March 2021 which reached 1.4Mt. This decline in monthly sales was due the beginning of the month of Ramadan. The cement sales cycle prior to Ramadan always show a slight decline compared to the previous month.
PT Indocement Tunggal Prakarsa sells 4Mt of cement in 1Q21 29 April 2021
The 1Q21 cement sales of PT Indocement Tunggal Prakarsa Tbk have seen a pick up. Indocement Director and Corporate Secretary, Antonius Marcos, said that in March 2021, the company recorded sales of 1.4Mt, more than 200,000t higher sales than in the previous month.
Indocement reached 4Mt during 1Q21 (3.9Mt in 1Q20) and the company still believes that sales growth in 2021 can reach four per cent higher than in 2020.
This year, Indocement will strengthen its sales in Sumatra. This is mostly due to the Trans-Sumatra Road project, which is considered to have a domino effect on cement demand. The strengthening of sales in Sumatra Island is supported by the existence of two Indocement cement terminals in Lampung and Palembang.
Indocement targets 4% sales growth 19 January 2021
HeidelbergCement-owned PT Indocement Tunggal Prakarsa Tbk is targeting a four per cent sales volume growth this year on the condition that the business world will resume operations following COVID-19 vaccination programmes, according to the company’s Director and Corporate Secretary, Antonius Marcos. Last year sales of the Indonesian cement producer reached 16.5Mt and the new objective sets expected sales in 2021 at 17.16Mt.
However, the growth target remains below the 18.1Mt sales of 2018 despite being an improvement when compared with the eight per cent drop in sales in 2020.
JP Morgan Sekuritas expects the Indonesian cement industry to grow by 4-5 per cent in 2021 when compared with the previous year. This market expansion will be driven by the government’s focus on infrastructure development.