Unlimited growth potential in Indonesia

Source/Quelle: MP2EI

1 GNP development foreseen by the master plan

Source/Quelle: MP2EI

Source/Quelle: IMF WEO Oct. 2012

2 GNP development of Indonesia

Source/Quelle: IMF WEO Oct. 2012

Source/Quelle: OneStone, ICA

3 Current cement consumption in Indonesia

Source/Quelle: OneStone, ICA

4 Customers for the produced cement

Source/Quelle: OneStone, ICA

5 Cement and clinker exports

Source/Quelle: OneStone, ICA

Source/Quelle: OneStone/ICA

6 Cement producers in 2012 [Mta]

Source/Quelle: OneStone/ICA

Source/Quelle: PT Semen Indonesia

7 Semen Gresik cement plant

Source/Quelle: PT Semen Indonesia

8 Semen Padang cement plant

Source/Quelle: PT Semen Indonesia

Source/Quelle: HeidelbergCement

9 Citeurop cement plant

Source/Quelle: HeidelbergCement

Source/Quelle: Holcim Group Support

10 Naragon cement plant

Source/Quelle: Holcim Group Support

Source/Quelle: Lafarge Indonesia

11 Aceh cement plant

Source/Quelle: Lafarge Indonesia

Source/Quelle: OneStone Research

12 Planned cement capacity expansions

Source/Quelle: OneStone Research

Source/Quelle: Holcim Group Support

13 Construction of the Tuban cement plant

Source/Quelle: Holcim Group Support

Source/Quelle: PT Semen Indonesia

14 Market shares by region in 2011

Source/Quelle: PT Semen Indonesia

Source/Quelle: Holcim Group Support

Capacity increase in Indonesia

Source/Quelle: Holcim Group Support

Indonesia is experiencing not only a boom in cement consumption but can also expect a rapid expansion of production capacities, particularly in the years following 2015. This market survey analyzes the cement industry of the country with the fourth largest population in the world and ascertains whether the new cement production capacities are actually needed.

1 Introduction

With its estimated 241 million inhabitants, Indonesia has the fourth largest population in the world. A master plan for accelerating the country’s economic growth recently adopted by the Indonesian government contains an enormous growth potential. Over a 15-year period, it foresees an approx. six-fold growth in gross national product (GNP) from 700 billion US$ in 2010 to 4000–4500 billion US$ in 2025 (Fig. 1) [1]. By 2045, i.e. in the following 20 years, the GNP is expected to grow to 15 000 to 17 500 billion US$. The annual per-capita income is forecast to increase from 3000 US$...