Type Public IDX: SMGR Number of employees 7,252 (2007) Headquarters Gresik Regency, Indonesia Founded 1957 | Key people Rizkan Chandra, CEO Website [1] Founder Sukarno Total assets 26 billion USD (2012) | |
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Revenue US$ 2,0 billion (2012) kurs 1 US$ = Rp 9.700 Stock price SMGR (IDX) IDR 8,875 -75.00 (-0.84%)27 Mar, 10:21 AM GMT+7 - Disclaimer Subsidiaries Padang Cement, PT Semen Tonasa Profiles | ||
Pt semen indonesia membangun negeri dengan semen ber sni
Semen Indonesia, formerly known as Semen Gresik, is the largest cement producing company in Indonesia with an annual cement producing capacity of 29 million tonnes in 2012 . In shareholders' extraordinary meeting on December 20, 2012 the shareholders agreed to change name of PT Semen Gresik Tbk to PT Semen Indonesia Tbk to give a momentum for accelerating the company's growth in the future.
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Semen indonesia seeks partner in aceh
Expansions
To secure supply and help lower its production costs, the company will set up a coal-trading firm in 2011 and further will seek possibility of coal mine acquisition. 30 percent of overall costs is coal consumption cost. PT. Semen Indonesia (Persero) Tbk acquired Thang Long Cement Vietnam officially January 2013. With the investment around Rp. 1,5 trillion, Semen Indonesia controls 70% of the Thang Long Cement shares. The company also have announced its plan to invest US$200 million worth cement plant in Myanmar that will be built early in 2014 as part of its expansion into the Southeast Asian market. In a bid to reduce logistics costs and bring it closer to its customers, PT Semen Indonesia is building a new packaging plant in Banjarmasin, South Kalimantan. The US$10.4m facility is due for completion by the end of 2013.
Incidents
In May 30, 2011 the fire gutted 2 of PT Semen Tonasa IV machines in Bungoro, South Sulawesi and halted the production for 10 days with financial losses of about Rp.45 billion ($5.3 million). The plant, owned by PT Semen Gresik Group.