Indonesia’s SI aims to be among top bulk cement suppliers

A director of Semen Indonesia (SI), is reported as saying that in three years the state cement producer is aiming to be the second or third top supplier of bulk cement in the country. Presently, the company has the fifth largest market share in the bulk cement market via its unit Varia Usaha Beton. SI paid IDR 51 billion (€3.4 million/US$3.85 million) to acquire Varia Beton, which produces ready mixed bulk cement for the domestic market. The national market for bulk cement is at 9.3 million tonnes

April 1, 2016 Read time: 1 min

A director of Semen Indonesia (SI), is reported as saying that in three years the state cement producer is aiming to be the second or third top supplier of bulk cement in the country.

Presently, the company has the fifth largest market share in the bulk cement market via its unit Varia Usaha Beton.

SI paid IDR 51 billion (€3.4 million/US$3.85 million) to acquire Varia Beton, which produces ready mixed bulk cement for the domestic market.

The national market for bulk cement is at 9.3 million tonnes while SI Group's capacity for bulk cement is at 3.5 million.

Quarry Products

Semen Indonesia plans to double output by 2030

According to Dwi Soetjipto, managing director of Semen Indonesia, the state-owned cement company is aiming for its output capacity to reach 72.9 million tonnes in 2030, a two-fold increase from the present capacity at 31.8 million tonnes.

The target will be achieved via acquisitions as well as setting up of new plants.

Meanwhile, Semen Gresik, a unit of Semen Indonesia, has inaugurated its new headquarters in Tuban.

The inauguration of the new office was in conjunction with the 57th anniversary of