Indocement's cement sales rise 12.3% in 2012

Indonesian cement maker Indocement Tunggal Prakarsa (Indocement), has set aside between IDR 4 trillion (€253.8 million/ US$340.2 million) and IDR 5 trillion for capital expenditures (capex).

In January-June 2014, the company has spent just 20% of its total anticipated capex.

According to Tju Lie Sukanto, finance director of Indocement, the company has disbursed IDR 800 billion-IDR 900 billion during the period for the expansion of its P14 plant's capacity in West Java's Citeureup.

Following a decline in cement sales, the second-biggest cement producer in Indonesia, Indocement Tunggal Prakarsa, has reduced its 2015 capital expenditure by 30% from IDR 5 trillion (€337.85 million/US$371.06 million) to IDR 3.5 trillion.

According to the Indonesia Cement Association, domestic sales of cement for the first half of 2015 dropped year-on-year by 4.3% to 27.7 million tonnes.

Within the same period, Indocement's cement sales fell 11.7% year-on-year from 9.4 million tonnes to 8.3 million t

Indocement Tunggal Prakasa (Indocement) of Indonesia posted a revenue of €1.19 billion (IDR 18.69 trillion), up 8.1% year-on-year in 2013 as net profit rose by 5.2% to IDR 5.01 trillion. The cement maker reported a 5.5% increase in its domestic sales, while the total sales volume for the company reached 18.2 million tonnes on a 1.2% growth. Contrastingly, the share of Indocement in the local cement market dropped from 32% to 30.4%. This is said to be due to the emergence of new industry players and the depr

For 2016, Indonesia’s Indocement Tunggal Prakarsa (Indocement) reported revenue of IDR 17.79 trillion (€1.2 billion/US$1.35 billion), down 10.9% from IDR 19.99 trillion generated in 2014.

Net profit for the country's second-biggest cement producer was at IDR 4.35 trillion compared to IDR 5.29 trillion in 2014.

Operating profit dropped by 15.7% from 2014 to IDR 5.05 trillion.

The cement company’s liabilities were at IDR 3.77 trillion, down 12.4% from IDR 4.3 trillion a year earlier.

Assets also

Cement producer Indocement Tunggal Prakarsa (Indocement) plans to appeal a decision of the Semarang Business Adminstration Court, Indonesia.

The court has already revoked a permit for the development of the cement plant by Indocement in Pati, Central Java.

The company has spent seven years doing evaluation for the plant project, and wants to develop the plant in three to four years if the appeal is successful.

Christian Kartawijaya, Indocement’s managing direcgtor, says that the company has prepare

The State Statistics Service of Russia (Rosstat) reports 66.3 million tonnes of cement produced in 2013, which is 7.7% more than in 2012 and 17.9% more than in 2011.

The growth was spurred by the launch of new production plants with an overall production capacity of 7.3 million tonnes. For instance, BaselCement launched Serebryanskiy Cement Plant (1.8 million tonnes/year) in the Ryazan region (Central); Eurocement Group launched a cement plant (3 million tronnes/year) in the Voronezh region (Central), an