| PT Semen Indonesia (Persero) Tbk | |
| Type: | Public |
| Foundation: | 7 of August 1957 (as PT Semen Gresik (Persero) Tbk) 7 of January 2013 (as PT Semen Indonesia (Persero) Tbk) |
| Key People: | Donny Arsal[1] (President Director) Budi Waseso[2] (President Commisioner) |
| Industry: | Building materials |
| Owner: | Government of Indonesia (51,20%) Public (48,80%) |
| Subsid: | See subsidiaries |
| Location: | Jakarta, Indonesia |
PT Semen Indonesia (Persero) Tbk (known as SIG) is a state-owned holding company providing building material solutions. The company has 17 subsidiaries located in Indonesia and Vietnam. With a market reach to Asia, Australia and Oceania, the company's main business is in the cement sector and its derivative products such as concrete, mortar, precast, and aggregate.
In running its main business process, the company has supporting business lines such as construction and manufacturing services, land and sea transportation services, industrial packaging provider, mining services, international trade service, and building material solution applications. In addition, through several subsidiaries and business units, the company also does business in property, industrial estate management, industrial waste management, informatics solutions, and health services.
The company began its history in 1953, when the Indonesian Government established the legal entity N.V. Pabrik Semen Gresik with an installed capacity of 250,000 tons of cement per year. In 1957, President Sukarno inaugurated the company's cement plant. In 1961, the government changed the company's legal entity into a state-owned company under the name PN Semen Gresik.[3] [4] In 1969, on various considerations, the company's legal entity status was changed to a limited liability company.[5]
In 1991, the company was officially listed on the Jakarta Stock Exchange and Surabaya Stock Exchange. At that time, the installed capacity of the company had reached 1.8 million tons of cement per year.[6] In 1995, the company acquired PT Semen Padang and PT Semen Tonasa, bringing its installed capacity to 8.5 million tons of cement per year. In 1998, CEMEX officially held 14% of the company's shares, which was increased to 25.5% a year later. In 2006, Blue Valley Holdings purchased 24.9% of the company's shares held by CEMEX, and sold them four years later.[7]
In 2012, the company acquired Thang Long Cement Joint Stock Company in Vietnam, which had an installed capacity of 2.3 million tons of cement per year at the time. In 2013, the company transformed into a strategic holding company and changed its name to what it is today,[8] and separated its cement production business to PT Semen Gresik.
In 2019, through Semen Indonesia Industri Bangunan, the company acquired 80.64% of PT Holcim Indonesia Tbk shares owned by Holderfin B.V. and then changed the name from PT Holcim Indonesia Tbk to PT Solusi Bangun Indonesia Tbk. Holcim’s product brand was also changed to Dynamix. In 2020, the company changed its trade name and logo from Semen Indonesia to SIG, emphasizing the company's vision as a building material solutions provider. In 2021, SIG entered into a strategic partnership with Taiheiyo Cement Corporation which officially holds 15.04% shares of Solusi Bangun Indonesia. In 2022, as a part of SOE cement subcluster integration, the Government of Indonesia transferred the ownership of shares in PT Semen Baturaja Tbk to SIG, making it officially part of SIG.[9]
A wide selection of bagged green cement brands supported by 385 distributors and more than 70,000 retail stores across Indonesia.
Environmentally friendly multi purpose cement for general construction, housing, and concrete block wall panel applications.[10]
A wide selection of concrete products supported by batching plants spread across project sites in Indonesia[11].
A complete range of products to provide convenience and practicality in finishing construction.
Available in various variants that have met the standards of ASTM C 150-94, SNI 03-6468-2000, and PBI 1971 Ν.Ι.-2.
An innovative solution for flooded areas by absorbing water into the layers below for reducing surface run-off.[11]
An environmentally friendly housebuilding technology that is specially designed with a locking system to each other, to build building structures faster, more economically, precisely, and earthquake-resistant.[12]
Complete solutions for construction business including technical and non-technical services, ranging from civil construction, fabrication, mechanical and electrical, as well as heavy construction equipment rental.[13]
Integrated transportation and logistics services by land and sea, serving the distribution of industrial products ranging from cement, gypsum, tras, coal, fabricated goods, hazardous waste, paper, iron, cement board, and others.
Provider of cement bags and other industrial packaging, especially those using kraft paper and PP Woven materials such as chemicals, animal feed, charcoal, food ingredients, and other packaging needs.
Having a mining services business in order to ensure the availability of mining raw material supplies to support productivity and smooth production processes. As well as serving heavy equipment rentals in various sectors such as road infrastructure, mining, and others.
Provides building materials and other industrial products in regional and international markets that have reached export markets in Asia, Australia and Oceania.
Provides rental and sales services for industrial land, factory buildings, warehouse, and business and property centers, complete with supporting facilities and infrastructure.
Property and asset management solutions, through the development of landed house, apartments, integrated commercial areas, as well as the hospitality sector in the form of conference halls, meeting rooms, lodging, catering, and tourism.
Provides environmentally friendly and sustainable industrial waste management solutions with a range of services, from waste analysis, waste handling and transportation at customer’s location, waste mapping and consultation, to waste preparation and disposal.
Digital technology services to meet the needs of digital development and effectiveness of business process management.
By the end of 2023, SIG has 17 subsidiaries, namely:
SIG has many plants across strategic areas to support the production capacity and distribution of building material products efficiently.
SIG has 32 packing plants spread across Sumatra, Java, Kalimantan, Sulawesi, Bali, Maluku, and Papua.
SIG has a network of batching plants spread across project locations in Indonesia, namely North Sumatra, Jambi, South Sumatra, Banten, Jakarta, West Java, Central Java, Yogyakarta, East Java, East Kalimantan, North Sulawesi, South Sulawesi, and West Nusa Tenggara.
Strategic location of plants in Sumatra, Java, Sulawesi and Vietnam enable SIG to supply the needs of building materials throughout the country with the support of more than 10,000 distributors, sub-distributors and retail stores. Along with domestic sales, SIG also exports to several countries in Asia, Australia, Oceania and Africa including: Singapore, Malaysia, Philippines, China, Bangladesh, Sri Lanka, Myanmar, Fiji, Hong Kong, Maldives, Taiwan, Chile, Peru, and Benin.
SIG continuously strives to fulfill various certifications to ensure good corporate governance practices. The certifications that the SIG has achieved include: