SIG (company)

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PT Semen Indonesia (Persero) Tbk

Company type	Public
Traded as	IDX: SMGR
Industry	Building materials
Founded	7 August 1957; 67 years ago (1957-08-07)
Headquarters	South Jakarta, Indonesia
Key people	Donny Arsal (President Director) Rudiantara (former President Commissioner) Budi Waseso (President Commissioner)
Products	Cements, aggregates
Owner	Government of Indonesia (51.20%)
Subsidiaries	PT Semen Gresik PT Semen Tonasa PT Semen Padang Thang Long Cement PT Semen Kupang Indonesia PT Solusi Bangun Indonesia Tbk PT Semen Baturaja Tbk
Website	sig.id

PT Semen Indonesia (Persero) Tbk, commonly known as SIG, is an Indonesian cement company established in 1957 in Gresik, with the name NV Semen Gresik. In 1991, PT Semen Gresik became the first publicly traded Indonesian state-owned enterprise. Furthermore, in 1995, PT Semen Gresik (Persero) Tbk consolidated with PT Semen Padang and PT Semen Tonasa which became known as Semen Gresik Group.

On January 7, 2013, PT Semen Gresik (Persero) Tbk transformed into PT Semen Indonesia (Persero) Tbk, and acted as a strategic holding company that oversees Semen Gresik, Semen Padang, Semen Tonasa, and Thang Long Cement.^[1]

On January 31, 2019, SIG through its subsidiary PT Semen Indonesia Industri Bangunan (SIIB) has officially acquired 80.6% ownership of Holderfin B.V. placed and paid for at Holcim Indonesia. Furthermore, on February 11, 2019, through the mechanism of the Extraordinary General Meeting of Shareholders, the change of name of PT Holcim Indonesia Tbk has been approved to become PT Solusi Bangun Indonesia Tbk.