ASI estimate demand of cement still higher in 2014

By admin
Posted 15 August 2013 | 10:40

(Insider Stories) - Indonesia Cement Indonesia (ASI) estimate the cement national demand will grow high single digit in 2014 inline with this year growth 8-9% compare to previous year. Total cement sales predict will reach 60 million tons in this year.

ASI's Chairman Widodo Santoso said, domestic production estimate will reach 55 million tons from 49.5 million tons in 2012. He still calculate total production and sales of cement in 2014.

Widodo optimist, the producent will fulfil the needs and potentially will over supply. He predicts Indonesia's cement export will grow higher due to that conditions. PT Semen Padang, one of PT Semen Gresik's (SMGR.JK) showed  their start export their products because of slower demand in second quarter of 2013.


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