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Semen Gresik eyes growth in Indonesia and abroad

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Anticipating growing demand as Indonesia pushes the development of roads, airports and seaports, the country’s largest cement maker is prioritising sales of its ready-mix product to end-users. "Plans by the government to boost infrastructure projects will spur demand for ready-mix," said Dwi Soetjipto, president director of Semen Gresik. As part of its preparation for the increased demand, Semen Gresik has upgraded its sales and marketing strategies, in addition to boosting production. In an attempt to lower its energy costs, the company has shifted from using expensive, high-calorie coal to a less expensive, lower-calorie variety. It also plans to increase its use of agricultural waste products as alternative fuels and upgrade operational efficiency with better synergy between subsidiaries. The Semen Gresik group, which has a 45 per cent share of the Indonesian cement market, includes Semen Gresik, Semen Padang and Semen Tonasa. The company’s focus extends beyond Indonesia. Semen Gresik is Southeast Asia’s second-largest cement maker by value, and it hopes to step up exports to complement increased demand at home. The company is also planning to purchase a cement company in Malaysia or Vietnam or any other Southeast Asia as part of its efforts to boost production by 25 per cent. While it looks overseas for expansion, Semen Gresik wants to push its production capacity to 25 mtpa annually beginning this year, and eventually rising to 30 mtpa by 2014. The company has earmarked $400 mn to $500 mn this year to finance expansion, and $400 million for capital expenditure.

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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