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Indonesian Cement Sector - Race is on to Build Extra Capacity

/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 infrastructure.

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.

SOURCE Cemtech Conferences & Exhibitions


Read more here: http://www.sacbee.com/2012/05/23/4512463/indonesian-cement-sector-race.html#storylink=cpy


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