Semen Indonesia’s cement production to reach 30Mt in 2016

Byjirong

Updated Fri, 30 Oct 2015 20:04:25 GMT

Indonesia: PT Semen Indonesia's CEO Suparni has predicted that company production will reach 30Mt in 2016 and is optimistic that sales performance will improve in the fourth quarter of 2015 until next year.

"In 2016 we will increase the number by 5%. This year is at 28.6Mt, so it's almost 30Mt," said Suparni. "Starting in August 2015, we recorded an increase that has continued to rise until this day." Since August 2015, the company's plant in Padang, Gresik and Tonasa have begun to achieve maximum utilisation. Suparni also said PT Semen Indonesia has started to supply some infrastructure projects whether for both the government and private companies. "Those projects include tolls, dams and others," said Suparni.

Looking by the numerous infrastructure projects that have been worked on, Suparni predicts that next year's company expenditure will rise by 20 – 25%. He also expects PT Semen Indonesia's earnings to increase by 5 – 6% as prices will increase.