Cemen sales fall 4.9% 2002: SG

Cemen sales fall 4.9% 2002: SG

JAKARTA: PT Semen Gresik of Indonesia said Monday its total cement sales for 2002 fell 4.9 percent to 14.485 million metric tons from 15.235 million tons a year earlier.

Gresik, Indonesia's largest cement maker, said the fall was due to a decline of its cement exports volume last year.

Semen Gresik's domestic cement sales in 2002 rose 5.9 percent to 11.872 million tons from 11.214 million tons a year earlier. Exports, however, declined 35 percent to 2.613 million tons from 4.021 million tons.

According to data from the National Cement Association, countrywide cement output last year rose 6.8 percent to 27.191 million from 25.459 million tons in 2001. -- Dow Jones