Indocement Tunggal Prakarsa

What Indocement Tunggal Prakarsa does

PT Indocement Tunggal Prakarsa Tbk is one of Indonesia's largest cement producers, founded in 1975 with the establishment of PT Distinct Indonesia Cement Enterprise (DICE) and listed on the Indonesia Stock Exchange under ticker INTP. It is a subsidiary of Heidelberg Materials, the global building materials group. The company operates 14 owned factories plus 2 leased factories and 1 grinding mill, totaling 33.5 million tons of annual cement capacity, distributed across Java, Kalimantan, and Sulawesi. Its core products are Semen Tiga Roda cement, Beton Siap-Pakai ready-mix concrete, and aggregates, complemented by newer initiatives in mortar (with Saint-Gobain), 3D Construction Printing, and alternative fuels.

The business runs on a sales-led, distribution-heavy model that reaches construction companies, developers, government infrastructure projects, and individual contractors through an extensive dealer and distributor network, company-owned cement terminals and warehouses, and the proprietary TIRO SYSTEM digital platform integrating end-to-end sales, inventory, and customer service. Pricing is not publicly disclosed and is set through the dealer/distributor channel. Underlying technology spans energy-efficient kilns with alternative-fuel utilization (Plant 11 Hot Disc Reactor waste-to-energy), the world's largest automated cement packing and dispatch center at Plant 14 with a robotic quality control laboratory, and ISO 9001/14001/45001/28000-certified management systems across Citeureup, Cirebon, and Tarjun factories.

Indocement monetizes primarily through one-time sales of cement, ready-mix concrete, and aggregates, with 2025 net profit of Rp2.24 trillion supporting an Rp1.54 trillion dividend and a Rp750 billion share buyback authorized at the 2026 AGM. A joint venture with Mondi (PT Mondi Indo Prakarsa Kemasan, IDR 535 billion) verticalizes cement bag packaging supply at Citeureup, while the Saint-Gobain mortar partnership, Krakatau Posco MoU, and Amita Holdings alternative-fuels MoU indicate ongoing portfolio and ecosystem extension. The Semen Tiga Roda brand carries Indonesia Best Marketing Brand 2020 – Millennials Choice and Top Brand recognition, and Citeureup Plant holds PROPER Gold 2026 environmental certification.

Name

Indocement Tunggal Prakarsa

Legal name

PT Indocement Tunggal Prakarsa Tbk.

Website

https://indocement.co.id

Company type

Public

Founded year

1975

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PT Indocement Tunggal Prakarsa is one of Indonesia's largest cement producers, operating 14 factories with 33.5 million tons of annual capacity under the Semen Tiga Roda brand. A Heidelberg Materials subsidiary, it supplies construction companies, developers, government projects, and contractors nationwide.

Ownership category

akta.pro rank

Product category

Cement Manufacturing

NAICS

Cement Manufacturing (327310), Ready-Mix Concrete Manufacturing (32732), Cement and Concrete Product Manufacturing (3273)

SIC

Cement, Hydraulic (3241), Concrete, Gypsum & Plaster Products (3270), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

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

akta.pro secondary industries

Ready-Mix Concrete Production & Delivery (IMADAAAA), Aggregate Processing & Value-Added Products (Washing, Screening, Asphalt/Concrete Aggregates) (IMAKAHAH)

Keywords

• Cement manufacturing
• Ready-mix concrete
• Construction aggregates
• Building materials
• Cement production

Headquarters

HQ city

Dki Jakarta

HQ country

Indonesia

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cement Manufacturing and Sales: Production and sale of cement products under Semen Tiga Roda brand. Indocement operates 14 owned factories with total capacity of 33.5 million tons per year, plus 2 leased factories and 1 grinding mill.
2. Ready-Mix Concrete (Beton Siap-Pakai): Production and sale of ready-mix concrete products through subsidiaries like PT Pionirbeton Industri.
3. Aggregates: Production and sale of aggregate materials for construction purposes.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

PT Indocement Tunggal Prakarsa Tbk. produces and sells environmental-friendly cement under the Semen Tiga Roda brand, ready-mix concrete (Beton Siap-Pakai) through subsidiaries PT Pionirbeton Industri and PT Indomix Perkasa, and construction aggregates (Agregat). The company operates 14 owned factories, 2 leased factories, and 1 grinding mill with total annual capacity of 33.5 million tons of cement, distributed through a nationwide network of dealers, distributors, cement terminals, and warehouses across Java, Kalimantan, and Sulawesi.

Product overview

PT Indocement Tunggal Prakarsa Tbk. is a major Indonesian cement producer operating a multi-segment building materials business. The company offers three core products: Semen Tiga Roda cement (environmentally friendly cement with energy-efficient production), Beton Siap-Pakai (ready-mix concrete), and Agregat (aggregate). The product portfolio is supported by digital infrastructure including the TIRO SYSTEM sales platform, e-commerce through Toko Tiga Roda, and innovative 3D Construction Printing technology. Indocement operates 14 own factories plus 2 factories and 1 grinding mill under lease arrangements, with total capacity of 33.5 million tons per year across facilities in Citeureup, Cirebon, Tarjun, Grobogan, Maros, and Banyuwangi. The company also holds a 40% stake in PT Mondi Indo Prakarsa Kemasan joint venture for cement packaging bags.

Differentiator

Problem solved

Functional benefit

Products and services

• Semen Tiga Roda (Tiga Roda Cement) Environmental-friendly cement produced under the Semen Tiga Roda brand with energy-efficient production and alternative fuel utilization, serving construction applications across Indonesia. The brand is a winner of the Indonesia Best Marketing Brand 2020 - Millennials Choice award.
• Beton Siap-Pakai (Ready-Mix Concrete) High-quality ready-mix concrete produced and supplied through Indocement's wholly-owned subsidiaries PT Pionirbeton Industri and PT Indomix Perkasa, providing building materials for construction projects across Indonesia.
• Agregat (Aggregate) Construction aggregate materials provided as part of Indocement's comprehensive building materials portfolio for construction applications.

Quantifiable outcome

• Market share increased from 25.5% in 2019 to 25.8% in 2020 despite domestic market decline of -10.4%
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Mondi Industrial Bags GmbHcoreStrategic or Co-development Partner · 16 April 2026Joint venture named PT Mondi Indo Prakarsa Kemasan (MIPK) established at Indocement Citeureup Factory. Indocement holds 40%, Mondi holds 60%. Total investment of IDR 535 billion. Primary purpose is to ensure reliable supply of cement bags for Indocement operations, strengthening the supporting ecosystem for product quality.
• Saint-GobaincoreStrategic or Co-development Partner · 30 December 2025Partnership to strengthen mortar business in Indonesia, expanding product offerings in construction materials sector.
• Modula3D (PT Modula Tiga Dimensi)minorStrategic or Co-development Partner · 10 September 2025Collaboration for 3D Construction Printing technology used in building the Gemilang 50th Anniversary Auditorium at Citeureup Plant. Technology enables faster construction with higher precision and more efficient material use.
• Krakatau PoscominorStrategic or Co-development Partner · 11 September 2023Memorandum of Understanding signed to strengthen supply of environmentally friendly cement products.
• Amita HoldingsminorStrategic or Co-development Partner · 22 May 2023MoU for joint business investigation on alternative fuel and alternative raw material business, supporting sustainability initiatives.
• Government of IndonesiaminorOthersVarious regulatory and CSR partnerships including immunization programs, environmental awards (PROPER), mining practice recognition, and infrastructure development support.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Regional players

• UltraTech Cement: India's largest cement producer with a similarly large multi-plant footprint; relevant benchmark on emerging-market cement scale economics, capacity utilization and distribution-led GTM.
• Boral Limited: Australia-based building materials group with cement, concrete and aggregates exposure; relevant comparable on integrated cement-and-concrete product mix serving construction demand in the Asia-Pacific region.
• Siam Cement Group (SCG): Thai-based regional cement, building materials and chemicals conglomerate; comparable to Indocement on cement, ready-mix concrete and aggregates product portfolio across Southeast Asia though focused on Thailand and surrounding markets.
• Taiheiyo Cement: Japan-based cement group with operations across the U.S. and Asia; comparable to Indocement on clinker/cement production scale and environmental innovation (waste-derived fuels) applied in the cement process.
• Adbri: Australian cement, lime, concrete and aggregates producer; comparable as a regional cement-and-concrete-products platform serving construction end-markets, though geographically distant from Indonesia.

Broad incumbents

• Heidelberg Materials: Indocement's controlling shareholder and one of the world's largest building materials groups; provides capital, technology and global innovation platforms (e.g. the Innovation Challenge where Indocement competed) but operates a much broader portfolio.
• CRH plc: Global building materials leader with a meaningful Asian cement and aggregates footprint; comparable to Indocement as a multi-product cement/concrete producer serving construction end-markets.
• Holcim: Global cement and aggregates major with exposure to Asian markets; comparable to Indocement on core cement and ready-mix concrete product lines but at vastly larger scale and broader geographic reach.

Direct peers

• Conch Cement (Anhui Conch): China's largest cement producer with a multi-country Southeast Asian expansion strategy; competes with Indocement in regional clinker/cement trade and in adjacent Asian markets where Indonesian supply occasionally reaches.
• Semen Indonesia Group (SIG): State-controlled Semen Indonesia Group is Indonesia's largest cement producer and Indocement's closest direct competitor, overlapping in Semen Gresik, Padang and other brands across the same Indonesian construction end-market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/semengrobogan
• Xx.com/harmoni3roda

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 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 Indocement Tunggal Prakarsa