Holcim Tries to Keep Up With Demand
Faisal Maliki Baskoro | December 06, 2011
Related articles
Indonesian Cement-Maker Holcim Boosts Dividend Payout 9:44pm Apr 15, 2012
Holcim Hits Rp 1t Profit On Solid Cement Demand 8:52pm Mar 7, 2012
Thailand's SCG Banks on Building Boom in Indonesia 10:14pm Mar 2, 2012
Holcim Looks to Cement Its Share of Bali Market With E. Java Factory 8:00pm Feb 19, 2012
Cement Sales Are Likely to Exceed Expectations, Increase 15% in 2011 8:32pm Dec 19, 2011
Post a comment
Please login to post comment
Comments
Be the first to write your opinion!
Holcim Indonesia, a cement producer, has forecast a 3 percent sales increase next year on domestic demand from the infrastructure and property industries.
The Jakarta-based company is aiming for sales to rise to 7.5 million tons in 2012 from an estimated 7.3 million tons this year.
Rusli Setiawan, Holcim’s relationship manager, said on Tuesday that the company’s focus was to maintain its market share amid a rise in demand that was outstripping the industry’s capacity.
“We want to maintain our share at 15 percent, which means we need to sell 7.5 million tons,” he said.
Rusli said that with total demand growing by around five million tons annually, next year’s projected demand was 50 million tons. That is just about equal to the production capacity for the entire industry.
“Each year there’s demand for 800,000 new houses,” Rusli said. “On top of that, infrastructure is growing rapidly, while expansion for the cement industry is limited. Usually, demand for cement grows twice as fast as economic growth.”
Rusli said the company had forecast this year’s sales at Rp 7 trillion ($777 million), with net income at Rp 1 trillion.
“Next year we’re anticipating a hike in production costs due to the planned increase in electricity rates and coal prices,” he said. “So it’s a bit hard to give out profit projections.”
The company posted net sales of Rp 5.4 trillion in the first nine months this year, up from Rp 4.28 trillion in the same period a year earlier, according to data from its Web site.
Shares of Holcim gained 1.53 percent to Rp 1,990 on the Indonesia Stock Exchange (IDX) on Tuesday.
- Indonesia ‘Most Tolerant Country in the World’: Religious Minister
- Ask Atheists, Christians, Shiites and Ahmadis: Indonesia Is No Model for Muslim Democracy
- Indonesian Maid Spiked Boss' Coffee With Her Menstrual Blood
- Jakarta Police Would Dispatch Up to 4,000 Officers for Lady Gaga Show
- Hard-Line FUI Says Lady Gaga Promoter Offered it a Bribe
- When in Singapore, Act Like a Singaporean
- FUI: 'Christians Should be Upset With Gaga'
- More Muslim Groups Demand Cancellation of Lady Gaga’s Jakarta Show
- Australia’s Corby Gets Five-Year Sentence Cut
- Indonesia Wilts as Deforestation Moratorium Loopholes Go Unaddressed
-
1:32pm | Indonesian Govt Official Stabs...
And the police are ... where? -
1:28pm | Indonesia ‘Most Tolerant Count...
If Indonesia is the "Most Tolerant Country in the World", then I am the Emperor of China. It's not even close to tolerant, let alone "The most -
1:26pm | Indonesia Wilts as Deforestati...
come on alan...... -
1:26pm | Ask Atheists, Christians, Shii...
I lived in Europe and US for a couple of times, and based on what I have seen, Indonesia is STILL the most beautiful and most tolerant place where -
1:25pm | Indonesian Govt Official Stabs...
how ...... very Indonesian -
1:25pm | Indonesia ‘Most Tolerant Count...
Coming from him it makes sense. Ask any extremely intolerant person, she/he will say that Indonesia is a very very tolerant countr -
1:14pm | Ask Atheists, Christians, Shii...
I am 3rd generation Indo-chinese, born to a family of multireligion (Buddha, Christian, Islam), and please excuse my english. To cl -
1:10pm | With Corby Clemency, Indonesia...
Why does the government want Indonesian criminals in other country released early ? Are we short on criminals?
