{
    "success": true,
    "data": {
        "id": 1047358,
        "msgid": "asia-to-experience-cement-oversupply-1447893297",
        "date": "1996-01-11 00:00:00",
        "title": "Asia to experience cement oversupply",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Asia to experience cement oversupply JAKARTA (JP): Indonesia's annual cement production in 1998 will probably reach 44.4 million tons, far higher than the domestic demand of 37 million tons, Chairman of the Indonesian Cement Association Soepardjo said.",
        "content": "<p>Asia to experience cement oversupply<\/p>\n<p>JAKARTA (JP): Indonesia&apos;s annual cement production in 1998<br>\nwill probably reach 44.4 million tons, far higher than the<br>\ndomestic demand of 37 million tons, Chairman of the Indonesian<br>\nCement Association Soepardjo said.<\/p>\n<p>Soepardjo told the press after a ceremony for the presentation<br>\nof an ISO-9002 standardization certificate to state-owned PT<br>\nSemen Padang here that Indonesian cement producers may face<br>\ndifficulties exporting part of their products in 1998 because<br>\nAsia will experience oversupply that year.<\/p>\n<p>Indonesian producers, therefore, must improve efficiency and<br>\nthe quality of their products to compete against manufacturers in<br>\nother Asian countries, he said.<\/p>\n<p>According to the Ministry of Industry and Trade, Indonesia&apos;s<br>\ncement production is estimated to increase from 21.9 million tons<br>\nin 1994 to 24.7 million tons in 1995 and to 27.2 million tons<br>\nthis year, while demand increased from 21.5 million tons in 1994<br>\nto 25.8 million tons last year and is expected to further<br>\nincrease to 28.8 million tons this year.<\/p>\n<p>At yesterday&apos;s ceremony, Semen Padang, which operates its<br>\nplant in West Sumatra with a production capacity of 3.27 million<br>\ntons a year, accepted the ISO-9002 certificate from the Quality<br>\nCertification Bureau Inc. (QCB) of Canada.<\/p>\n<p>The company also accepted another standardization certificate<br>\nfrom the American Petroleum Institute (API) for the production of<br>\noil well cement. (kod)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asia-to-experience-cement-oversupply-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}