Tag: Anhui Conch

Anhui Conch’s Aggressive Approach in Indonesia

We have long speculated about Holcim Cement’s operations in Indonesia, especially after years of losses and growing presence of Chinese cement players in the country. One of the most watched players in the industry, of course, is Anhui Conch, one of the world’s largest and most profitable cement groups.

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Cement Industry: Survival of the Fittest

Three of the world’s top five cement producers are competing fiercely in Indonesia. They are Lafarge Holcim (second largest behind China National Building Materials/CNBM), Anhui Conch (third), and Heidelberg Cement (fifth). Competition intensifed with the construction start of CNBM’s factory in Central Java province.

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Consolidation of Cement Industry

Cement industry has increasingly become a very competitive business, which should benefit public housing and property development. In the past three years, domestic processing capacity grew 24.5 million tons, of which 15 million tons were added by new entrants such as Semen Merah Putih, Anhui Conch, Siam Cement, and Panasia.

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Growing Tourism Investments

Indonesian Tours and Travel Association (Asita) confirmed strong investment growth in the country in the past few years. Data from Investment Coordinating Board (BKPM) also pointed to strong interest in the development of hotel and restaurants nationwide, especially in the emerging tourism destinations.

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