- CEO
- Indrieffouny Indra
- Full Time Employees
- 9,327
- Sector
- Basic Materials
- Industry
- Construction Materials
- Address
- South Quarter, Tower A, Lantai 19-20 Jakarta Selatan Indonesia 12430
- IPO Date
- Apr 18, 2012
- Business
- PT Semen Indonesia (Persero) Tbk (SIG) is an Indonesia-based state-owned holding company engaged in the production and distribution of cement and related building materials solutions, operating through Cement Production and Non-Cement Production segments; core products include a wide selection of bagged green cement brands such as environmentally friendly multi-purpose cement for general construction, housing, and concrete block wall panels, ready-mix concrete variants like ThruCrete for flooded roads, DekoCrete decorative concrete, SpeedCrete quick-drying concrete, LocooCrete for general applications, and ComfilPlas lightweight concrete, alongside derivative products encompassing mortar, precast elements, and aggregates; supporting services cover limestone and clay mining, cement bag manufacturing, industrial real estate development and building rental, aggregates quarry production, mining, trading, transportation, consulting, construction, information systems, investment, freight forwarding, stevedoring, sea transportation, logistic management, outsourcing, and building materials procurement. The company, founded in 1953 and headquartered in South Jakarta, Indonesia, manages 17 subsidiaries including PT Semen Padang, PT Semen Gresik, PT Semen Tonasa, PT Solusi Bangun Indonesia Tbk (SMCB), PT Semen Baturaja Tbk, and Vietnam-based Thang Long Cement Joint Stock Company, with grinding plants in locations such as Dumai, Palembang, Cigading, Gresik, Bandar Lampung, and Ho Chi Minh City, batching plants across Indonesian regions like North Sumatra, Jambi, South Sumatra, Banten, Jakarta, West Java, Central Java, Yogyakarta, East Java, East Kalimantan, North Sulawesi, South Sulawesi, and West Nusa Tenggara, and sea transportation facilities in Banjarmasin, Bitung, Mamuju, and Kendari; it serves domestic and international markets spanning Asia, Australia, and Oceania. SIG's latest major developments include authorizing a share buyback program in April 2025 valued at up to IDR 300 billion to be conducted from May 24, 2025, to May 23, 2026 using internal cash reserves, aimed at enhancing shareholder value through improved earnings per share, supporting employee stock ownership programs, and addressing market price undervaluation, with an initial tranche repurchasing 14.286 million shares by June 30, 2025; its subsidiary SMCB allocated up to IDR 550 billion in capital expenditure for 2025 focused on completing the Talavera EPC project in Tuban, East Java, to bolster cement distribution and export capacity by 500,000 tonnes annually while pursuing operational efficiency, asset optimization, low-carbon product innovation, and export expansion via strategic partnerships.