Semen Indonesia Group

PT Semen Indonesia (Persero) Tbk, commonly known as Semen Indonesia Group (SIG), is an Indonesian cement company established in 1957 in Gresik, with the name NV Semen Gresik. In 1991, PT Semen Gresik was the first state-owned company to go public on the Indonesia Stock Exchange. Furthermore, in 1995, PT Semen Gresik (Persero) Tbk consolidated with PT Semen Padang and PT Semen Tonasa which became known as Semen Gresik Group.

PT Semen Indonesia (Persero) Tbk
TypePublic
IDX: SMGR
IndustryBuilding materials
Founded1957
HeadquartersSouth Jakarta, Indonesia
Key people
  • Hendi Prio Santoso (President Director)
  • Soekarwo (President Commissioner)
ProductsCements, aggregates
Subsidiaries
  • PT Semen Gresik
  • PT Semen Tonasa
  • PT Semen Padang
  • Thang Long Cement
  • Solusi Bangun Indonesia
  • PT Solusi Bangun Indonesia Tbk
Websitesig.id
Former headquarters of PT Semen Gresik, and later PT Semen Indonesia, in Gresik, East Java.

On January 7, 2013, PT Semen Gresik (Persero) Tbk transformed into PT Semen Indonesia (Persero) Tbk, and acted as a strategic holding company that oversees Semen Gresik, Semen Padang, Semen Tonasa, and Thang Long Cement.[1]

On January 31, 2019, Semen Indonesia through its subsidiary PT Semen Indonesia Industri Bangunan (SIIB) has officially acquired 80.6% ownership of Holderfin B.V. placed and paid for at Holcim Indonesia. Furthermore, on February 11, 2019, through the mechanism of the Extraordinary General Meeting of Shareholders, the change of name of PT Holcim Indonesia Tbk has been approved to become PT Solusi Bangun Indonesia Tbk.

References
  1. "Semen Gresik Eyeing To Set Up Coal Trading Firm". September 6, 2011.
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