About Us

About Us

Indocement at a glance

PT Indocement Tunggal Prakarsa Tbk. has had a very long history in the national cement industry. The initiative to incorporate the Company started in 1975 with the incorporation of PT Distinct Indonesia Cement Enterprise (DICE), which has a cement factory with an installed capacity of 500,000 tons in Citeureup area, West Java. DICE incorporation was followed by the incorporation of other companies and factories, namely PT Perkasa Indonesia Cement Enterprise, PT Perkasa Indah Indonesia Cement Putih Enterprise, PT Perkasa Agung Utama Indonesia Cement Enterprise, PT Perkasa Inti Abadi Indonesia Cement Enterprise, and PT Perkasa Abadi Mulia Indonesia Cement Enterprise, with a total installed capacity of 7.7 million tons per year.

In 1985, these six factories merged into PT Inti Cahaya Manunggal as stated in Deed No. 227 dated 16 January 1985, made before Notary Ridwan Suselo, S.H., which has been announced in the Official Gazette of the Republic of Indonesia (BNRI) No. 57, Supplement No. 946 dated 16 July 1985, which later changed its name to PT Indocement Tunggal Prakarsa, based on deed No. 81 dated 11 June 1985, made before Benny Kristianto, S.H., a Public Notary in Jakarta, which has been announced in BNRI No. 75, Supplement No. 947 dated 16 July 1985.

On 5 December 1989, the Company became a public company after conducting an Initial Public Offering on Indonesia Stock Exchange with ticker code INTP.

Along with its business development, the Company continues to increase production capacity, both by building new factories and acquiring other factories. As of the end of 2000, the Company owned 12 factories spread over three locations, namely Citeureup, Bogor, West Java; Cirebon, West Java, and Tarjun, Kota Baru, South Kalimantan.

In 2001, HeidelbergCement Group, which in 2023 changed its name to Heidelberg Materials AG became the majority shareholder after acquiring 61.7% of the Company’s shares, through its subsidiary, Kimmeridge Enterprise Pte. Ltd. In 2008, HeidelbergCement AG transferred all of its shares in Indocement to Birchwood Omnia Ltd. (England), which is 100% owned by HeidelbergCement Group.

In 2009, Birchwood Omnia Ltd. sold 14.1% of its shares to the publicand therefore, HeidelbergCement AG’s shares ownership of Indocement through Birchwood Omnia became 51%.

In October 2016, the Company started operating its thirteenth factory Plant 14 in Citeureup Factory, which has the production capacity of 4.4 million tons of cement per year, is the largest integrated cement plant built by Indocement and the HeidelbergCement Group. With the operation of Plant 14, the Company’s installed capacity has increased to 25.5 million tons of cement per year.

In 2022, Indocement, as part of Heidelberg Materials, launched the Indocement New Purpose, “Material to Build Our Future”, which in line with the Company’s commitment to carry out business activities based on aspects of ESG.

In 2023, the Company acquired PT Semen Grobogan, located in Central Java, which has a production capacity of 2.7 million tons of cement per year. This step is part of the Company’s strategy to expand its footprint in the national cement industry. In November 2023, Birchwood Omnia Ltd. transferred all of its shares to Heidelberg Materials AG. There is no change in controlling shareholders, since Heidelberg Materials AG owned 100% of Birchwood Omnia Ltd. shares.