Cement Plant More Expansive : http://www.kemenperin.go.id/artikel/5015/Pabrik-Semen-Makin-Ekspansif.html/1 October 2015 Cement manufacturers continue to expand in anticipation of the growing domestic demand, driven by infrastructure and property sectors.
Almost all the cement companies, both state-owned enterprises like any private, increase production capacity in recent years in order to pursue a supply shortage of cement in the domestic market.
Cement Industry Association (ASI) projecting domestic cement consumed con reach 54 million tons this year, growing at least 12% compared with last year's 48 million tons.
As of October this year, domestic cement consumption grew beyond the projection of 14.5% to 44.6 million tons, compared with the same period last year of 38.9 million tons.
Domestic Cement Production Exceeds 30 Million Tons: https://katadata.co.id/berita/2018/07/20/produksi-semen-dalam-negeri-kelebihan-30-juta-ton/20 July 2018 The Indonesian Cement Association (ASI) has asked the government to postpone the issuance of new permits to the cement industry in Indonesia because currently cement production in Indonesia has exceeded the domestic consumption limit. Senior Advisor of ASI, Ery S Indrawan said that cement production capacity has now reached 110 million tons per year. Meanwhile, the amount of domestic cement consumption this year is estimated to reach 70-75 million tons. That is, there is an excess of around 30 million tons.
According to Ery, the excess of cement production capacity occurred in industrial growth in mid-2012, still reaching 10%. At that time, many investors saw this opportunity and then jointly built a cement factory. After starting operation in 2015, there is a jump in capacity, which is quite high. However, market demand is not directly proportional to the increase in cement production capacity. The growth of the cement industry has also slowed to 4-5% per year. Meanwhile, factory utilization is only 65%. If the government does not postpone the issuance of new permits, the utilization and performance of the cement industry will decline.
HS No. 3816.00.10.00
1 July 2019
Trade Data 2018
Definition
Refractory cements, mortars, concretes and similar compositions, other than products of heading 38.01. Refractory cements.