06.11.2014 Views

Indocement Tunggal Prakarsa, PT.

Indocement Tunggal Prakarsa, PT.

Indocement Tunggal Prakarsa, PT.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Market Share 1999<br />

I N D O C E M E N T A N N U A L R E P O R T 1 9 9 9 R e v i e w o f O p e r a t i o n s<br />

20<br />

21.98% Domestic - <strong>Indocement</strong><br />

45.94% Domestic - Others<br />

7.57% Export - <strong>Indocement</strong><br />

24.51% Export - Others<br />

Market Share 1998<br />

26.59% Domestic - <strong>Indocement</strong><br />

54.71% Domestic - Others<br />

5.04% Export - <strong>Indocement</strong><br />

13.66% Export - Others<br />

Product portfolio<br />

During the year, we launched Pozzolan Cement<br />

under the same Tiga Roda brandname.<br />

The market responded favorably above our<br />

expectations with sales of around 300<br />

thousand tons during the year.<br />

Ordinary Portland Cement<br />

(OPC) stays as our principal<br />

product accounting for more<br />

than 90 percent of total sales<br />

volume. Specialty cement products<br />

composed of White Cement,<br />

Oil Well Cement, Type II and Type V.<br />

Cement remain in our product portfolio serving the regular needs of<br />

specific market segments. Combined sales volume for these products<br />

dropped slightly during the year owing to lower demand.<br />

Ready-mix Concrete production was scaled down owing to<br />

significant drop in demand as some construction activities in Jakarta<br />

and West Java were either completed or discontinued during the<br />

year. The industrial construction sector, which is the principal<br />

customer for ready-mix concrete is yet to resume activities, due to<br />

financial constraints.<br />

In terms of domestic sales mix, bagged and bulk cement sales ratio<br />

during the year increased in favor of bagged cement to 95:5<br />

compared to 93:7 in 1998. This indicates a faster phase of recovery<br />

in the domestic direct consumers market outside Jakarta and<br />

West Java.<br />

Industry outlook<br />

Opportunities are emerging on two fronts: The recovering domestic<br />

market indicates gradual increase in demand as the Indonesian<br />

economic and political conditions improve and the increasing<br />

potential of Indonesian cement in the export market.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!