Cibinong eyes 7% rise in sales

JAKARTA (JP): Publicly listed cement producer PT Semen Cibinong expects to increase its cement and clinker sales to six million tons this year from 5.6 million tons in 2000, the company's media relations manager said on Friday.

Nico Wattimena was correcting an article which appeared in The Jakarta Post on May 18. In that article, it was incorrectly reported that Semen Cibinong expected sales to increase to 25 million tons this year from 22.3 million tons last year.

"Those are not the figures of PT Semen Cibinong's sales, but the national consumption," he said.

The company operates four cement factories in Narogong, West Java, and two factories in Cilacap, Central Java, which are run by its wholly owned subsidiary PT Semen Nusantara.

Semen Cibinong has been aggressively expanding its sales in the domestic market amid growing competition from other cement producers. (tnt)