Indonesian Cement Sector – Race is on to Build Extra Capacity
JAKARTA, Indonesia, May 24, 2012 /PRNewswire/ –
With Indonesia recording its fastest economic expansion for 15 years last year, it is
hardly surprising that its construction and cement markets are booming. A key driver for
this strong growth pattern has been the robust development of the property sector. “What
is even more remarkable is that this development is likely to be sustained as growth
becomes more widespread across the country and into other property sectors, ie not just
residential but also commercial property,” says analyst Andy Lesmana of PT Nomura
Indonesia in the latest report on the country’s cement industry by the leading cement
magazine International Cement Review (ICR).
“Cement sales advanced 17.7 per cent YoY taking full-year Indonesian demand to 48Mt,”
he adds in the June issue of ICR. Local cement companies are currently in a race to build
extra production capacity as domestic cement consumption is set to remain high in the
medium- to longer-term as the country develops not only its property markets but also its
Against this dynamic background, Cemtech Conferences and Exhibitions will welcome the
industry’s key decision-makers to its 2012 Asia meeting, to be held on 17-20 June in Hotel
Mulia Senayan, Jakarta.
Cemtech Asia will feature a host of senior industry experts, who will offer incisive
analysis of recent regional and global market trends and forecast possible scenarios into
the future. New plant expansion and upgrade projects as well as trade and distribution
developments will also form part of the wide-range of high-quality papers offered.
Moreover, the conference will also deliver key presentations on the latest advances in
cement technology, cost-saving methods and effective plant performance improvements. In
addition, workshops and a plant visit will complete the technical programme.
There will also be plenty of opportunity to network and build commercial alliances
during the accompanying exhibition, which will bring internationally-renowned equipment
manufacturers under one roof.
Cemtech Asia will take place in one of Asia’s finest hotels, and be complemented by
impeccable hospitality, including evening receptions, a gala dinner and spouse tours.
For more information or to register, please visit http://www.Cemtech.com/Asia2012
Cemtech Asia 2012 Business insight and technology for the growing Asian industry 17-20 June 2012 Hotel Mulia Senayan, Jakarta, Indonesia http://www.Cemtech.com/Asia2012 Contact: email@example.com +44(0)1306-740363
SOURCE Cemtech Conferences & Exhibitions