PT Semen Indonesia

What PT Semen Indonesia does

PT Semen Indonesia (operating under the brand SIG) is Indonesia's largest cement and building materials solutions provider, founded in 1957 and headquartered in Jakarta. The company manufactures and distributes a comprehensive portfolio of bagged cement under multiple heritage brands (Semen Gresik, Semen Padang, Semen Tonasa, Dynamix, Semen Andalas, Semen Baturaja, Semen Merdeka, Thang Long Cement for Vietnam), bulk specialty cement (EzPro, PwrPro, UltraPro, SprintPro, DuPro+ marine/acid-resistant series, SuperTermo for oil and gas, MaxStrength for mass pours), concrete products (ThruCrete, SpeedCrete, StilCrete, AeerCrete and others), mortars, and precast solutions. It operates 8 integrated cement plants, 26 packaging plants, 6 grinding plants, and 7 ports, supported by ISO 9001/14001/45001/17025/27001/37001/50001 certifications, Green Label/Gold eco-certifications, and SBTi-approved emission reduction targets (27% CO2 reduction per ton of cement by 2030 vs 2010 baseline).

SIG generates revenue primarily through one-time sales of cement, concrete, and mortar products, with approximately 70% of revenue from retail bagged cement distributed through 306 distributors and 70,000 retail stores across all major Indonesian islands. The remaining revenue comes from direct enterprise sales to government infrastructure projects (toll roads, bridges, LRT, Nusantara Capital City, Sekolah Rakyat, oil and gas), ready-mix concrete via 35 batching plants in 26 cities across 11 provinces, exports (Vietnam via Thang Long Cement and special cement to the United States via the Taiheiyo Cement partnership), and emerging digital platform services (SobatBangun D2C home construction platform, AksesToko B2B distributor portal, Tokopedia official store). Pricing is quote-based and not publicly disclosed. The company is controlled by Indonesia's sovereign wealth fund Danantara Asset Management (50.69% ownership) and listed on the IDX under ticker SMGR; FY2024 consolidated revenue was IDR 36.19 trillion (~USD 2.2 billion) with net profit of IDR 771.7 billion.

Name

PT Semen Indonesia

Legal name

PT Semen Indonesia (Persero) Tbk.

Website

https://sig.id/en/

Company type

Public

Founded year

1957

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PT Semen Indonesia is a manufacturer and whole seller of cement and building materials and provides services and support in construction.

Ownership category

akta.pro rank

Product category

Building Materials Manufacturing

NAICS

Cement Manufacturing (327310), Other Concrete Product Manufacturing (327390)

SIC

Cement, Hydraulic (3241), Concrete Products, Except Block & Brick (3272), Concrete, Gypsum & Plaster Products (3270)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

akta.pro secondary industries

Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime) (IMADAAAH), Mortar, Grout & Masonry Cements (IMADABAL)

Keywords

• Cement manufacturing
• Building materials solutions
• Ready-mix concrete
• Bulk cement supply
• Construction materials distribution

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Bagged Cement Sales: Sales of bagged cement under multiple brands (Semen Gresik, Semen Padang, Semen Tonasa, Dynamix, Semen Andalas, Semen Baturaja, Semen Merdeka, Thang Long Cement). Bagged cement is the primary revenue contributor at approximately 70% of total revenue. Distributed through 306 distributors and 70,000 retail stores nationwide. SIG holds approximately 50% market share in national bagged cement market.
2. Bulk Cement Sales: Sales of bulk cement for projects requiring special specifications, geographic conditions, or large-scale construction. Products include EzPro (multipurpose), PwrPro (extra strong), UltraPro (optimal strength), SprintPro (maximum strength), DuPro+ series (specialized: water-resistant, acid/salt-resistant, extreme environments, coastal construction), SuperTermo (oil and gas drilling), MaxStrength (mass pouring and soil stabilization).
3. Concrete and Precast Products: Sales of ready-mix concrete and precast concrete products through batching plants and precast manufacturing facilities. Products include ThruCrete (drainage solution), DekoCrete (decorative), SpeedCrete (rapid drying), LocooCrete (general application), ComfilPlas (foam mortar), OptimaCrete (high compressive strength), StilCrete (extreme environments), AeerCrete (underwater casting), SupeCrete (rapid drying with high early flexural strength).
4. Mortar Products: Sales of mortar products including Dynamix Masonry and other instant cement mortar types marketed since 2021 for various construction applications.
5. Supporting Services: Supporting business lines including transportation services, cement packaging services, heavy equipment and mining services, international trade services, building materials solution applications, property services, industrial land services, industrial waste management services, informatics solutions, labor services, and health services.
6. Digital Platform Services: Revenue from digital platforms including SobatBangun (integrated home construction solutions), AksesToko (B2B distributor/retailer portal), and Official Store on Tokopedia e-commerce. SobatBangun offers architect services, contractor selection, project supervision, and financing solutions.

Go-to-market motion3 records

Distribution channels7 records

Marketing channels8 records

Core offering

PT Semen Indonesia (SIG) manufactures and distributes cement, ready-mix concrete, mortar, and precast products through multiple regional brands (Semen Gresik, Semen Padang, Semen Tonasa, Dynamix, Semen Andalas, Semen Baturaja, Semen Merdeka, Thang Long Cement). The company produces specialized bulk cement for distinct applications (oil/gas drilling, seawater environments, extreme conditions) and operates digital platforms (SobatBangun, AksesToko) that integrate construction services from design to material delivery.

Product overview

SIG (PT Semen Indonesia (Persero) Tbk) is a comprehensive building materials solutions provider operating a multi-layered portfolio architecture. The core offering consists of bagged cement brands (Semen Gresik, Semen Padang, Semen Tonasa, Dynamix, Semen Andalas, Semen Baturaja, Semen Merdeka, Thang Long Cement for Vietnam export) and bulk cement specialty products (EzPro, PwrPro, UltraPro, SprintPro, DuPro+ series for marine/acid/extreme environments, SuperTermo for oil/gas, MaxStrength for mass pours). Downstream building material solutions include concrete products (ThruCrete, DekoCrete, SpeedCrete, LocooCrete, ComfilPlas, OptimaCrete, StilCrete, AeerCrete, SupeCrete), mortar, and precast. Supporting services encompass construction/manufacturing, transportation, cement packaging, heavy equipment/mining, international trade, property, industrial land, industrial waste management, informatics solutions, labor, and health services. Digital platforms including SobatBangun (one-stop home construction), AksesToko (distributor/retailer portal), and SIG Official Store on Tokopedia enable digital commerce and customer engagement. SIG holds approximately 50% of Indonesia's bagged cement market share through 306 distributors and 70,000 retail stores, supported by 8 integrated cement plants, 26 packaging plants, 6 grinding plants, and 7 ports.

Differentiator

Problem solved

Functional benefit

Brands

• Semen Gresik: Cement brand from PT Semen Gresik
• Semen Padang
• Semen Tonasa
• Semen Andalas
• Semen Baturaja
• Semen Merdeka
• Dynamix
• EzPro
• PwrPro
• UltraPro
• SprintPro
• DuPro+ SBC
• DuPro+ LH
• DuPro+ HSR
• DuPro+ MSR
• SuperTermo
• MaxStrength
• ThruCrete
• DekoCrete
• SpeedCrete
• LocooCrete
• ComfilPlas
• OptimaCrete
• StilCrete
• AeerCrete
• SupeCrete
• SobatBangun
• AksesToko
• Thang Long Cement

Products and services

• Semen Gresik
• Semen Padang
• Semen Tonasa
• Dynamix
• Semen Andalas
• Semen Baturaja
• Semen Merdeka
• Thang Long Cement
• EzPro Multipurpose Cement
• PwrPro High Early Strength Cement
• UltraPro Optimal Strength Cement
• SprintPro Maximum Strength Cement
• DuPro+ Special Application Cements
• SuperTermo Oil and Gas Cement
• MaxStrength Mass Pour Cement
• Ready-Mix Concrete and Precast Products
• Mortars Indonesia Product Line
• SobatBangun Digital Platform
• AksesToko Distributor Platform
• Web Research and Innovation Center
• Supporting Construction and Industrial Services

Quantifiable outcome

• 27% CO2 emission reduction per ton of cement by 2030 vs 2010 baseline
• +7 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Taiheiyo Cement CorporationcoreStrategic or Co-development Partner · 1 January 2026Strategic cooperation between PT Solusi Bangun Indonesia (SIG subsidiary) and Taiheiyo Cement Corporation for exporting special cement types to the United States. Exports commenced in 2026 with initial shipment of 97,500 metric tons. Target of 450,000 MT for 2026. This partnership enables SIG to access the US market and increase factory utilization while diversifying into high-value derivative products.
• Badan Riset dan Inovasi Nasional (BRIN)coreStrategic or Co-development Partner · 1 January 2026Research and innovation partnership between SIG and Indonesia's national research and innovation agency (BRIN) to strengthen research capabilities for creating sustainable products and services. This collaboration aligns with SIG's transformation strategy to optimize cement derivative products and portfolio development, leveraging BRIN's research expertise to develop environmentally friendly building materials.
• Government of Indonesia / BP BUMNcoreStrategic or Co-development Partner · 1 January 2026SIG operates as a state-owned enterprise (BUMN) under government oversight. BP BUMN (BUMN Supervisory Agency) and Danantara support SIG's transformation agenda to generate tangible results creating value for the state and all stakeholders. Government alignment supports SIG's participation in national priority projects including Nusantara Capital City and Sekolah Rakyat.
• PT Pertamina LubricantsminorStrategic or Co-development Partner · 1 November 2024Collaboration in November 2024 to commence domestic production of open gear lubricant for cement operations. This partnership supports local production of industrial lubricants, reducing dependency on imported lubricants for cement manufacturing equipment while strengthening the domestic industrial ecosystem.

Scale indicators11 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Indocement Tunggal Prakarsa: Indonesia's #2 cement producer and SIG's principal domestic competitor. Both companies compete head-to-head in bagged cement, bulk cement, and ready-mix concrete across the same Indonesian customer base, making it the most directly comparable peer.
• Taiheiyo Cement Corporation: Japan-based cement producer and SIG's strategic partner for US-bound special cement exports. Comparable as an Asia-Pacific cement manufacturer pursuing alternative fuels, low-carbon products, and overseas market diversification.

Broad incumbents

• Heidelberg Materials: Global cement, aggregates, and ready-mix concrete major that previously held the Indonesian assets now consolidated into SIG (former Holcim Indonesia → Solusi Bangun Indonesia). Comparable as a global building materials platform with sustainability-led transformation.
• Holcim Ltd: Swiss-headquartered global cement and aggregates leader that divested its Indonesian operations to SIG in 2019. Highly comparable in business model, product portfolio breadth, and decarbonization roadmap ambition.
• Conch Cement (Anhui Conch Cement): World's largest cement producer by capacity, with operations across China and Southeast Asia. Comparable as a vertically integrated cement and clinker exporter pursuing scale-driven cost leadership and overseas expansion.
• CRH plc: Irish-headquartered global leader in building materials with significant cement and ready-mix operations across the Americas and Europe. Comparable as a diversified incumbent executing on decarbonization and digital distribution.
• Vulcan Materials Company: US-based construction aggregates and concrete producer, less directly comparable but relevant as a benchmark for building materials industry economics, ESG valuation premia, and downstream concrete/mortar strategies.

Regional players

• Siam Cement Group (SCG): Thai conglomerate with a major cement and building materials division competing across Southeast Asia. Comparable in regional cement dynamics, multi-brand retail strategy, and growing green cement portfolio.
• UltraTech Cement: India's largest cement producer and part of the Aditya Birla Group. Comparable as an emerging-market cement leader pursuing scale, sustainability targets, and premium specialty cement products in a high-growth Asian market.
• Adbri Ltd: Australian cement, lime, and concrete producer serving construction and infrastructure markets. Comparable as a mid-sized regional cement and concrete player with sustainability-led transformation and alternative fuel adoption.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/semenku
• YouTubeyoutube.com/@PT.SemenIndonesia
• LinkedInlinkedin.com/company/pt-semen-indonesia
• Instagraminstagram.com/sig.id

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT Semen Indonesia