PT Semen Indonesia (Persero) Tbk (OTCMKTS: PSGTF) is Indonesia’s largest cement manufacturer, specializing in the production and distribution of Portland cement, white cement, cement bags and clinker. Headquartered in Gresik, East Java, the company also markets ready-mix concrete, aggregates and other building materials through its Solusi Bangun Indonesia subsidiary. Its integrated operations cover quarrying, production, logistics and sales, serving both the public infrastructure and private construction sectors.
Founded in 1957 following the nationalization of NV Semen Gresik, Semen Indonesia has expanded through organic capacity additions and strategic acquisitions. In 2019 it acquired Holcim Indonesia’s assets, reinforcing its leadership in domestic cement output. The Semen Indonesia Group now comprises multiple cement plants in Java, Sumatra and Sulawesi, as well as overseas interests in Thang Long Cement in Vietnam and limestone mining operations.
The company’s products are distributed throughout Indonesia’s archipelago and exported to regional markets including Malaysia, the Philippines and Bangladesh. Majority-owned by the Government of Indonesia through PT Inalum, Semen Indonesia is overseen by a board of directors chaired by President Director Ridwan Djamaluddin, under the supervision of the Ministry of State-Owned Enterprises. The firm continues to pursue capacity growth, digitalization of its supply chain and sustainability initiatives across its footprint.
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