According to a presidential spokesman, Indonesia's President has signed a ruling allowing the government to cap prices of cement and other basic goods during peak demand periods.
"This regulation gives the authority to the government to set special prices ahead of religious holidays or during periods of prices volatility” said Teten Masduki.
President Joko Widodo has also limited the rise in domestic petrol prices as part of attempts stimulate the flagging economy which is at its weakest since 2009.
Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.
World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.
Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.
The company has recently participated in an industry-leading webcast event, discussing and the challenges and opportunities for net zero carbon in the construction sector.
