Semen Indonesia restructures to increase stake in Solusi Bangun Indonesia

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Indonesia: State-owned Semen Indonesia has expanded its stake in subsidiary Solusi Bangun Indonesia to 84%. The group acquired the new Solusi Bangun Indonesia shares from another cement subsidiary, Semen Indonesia Industri Bangunan.

Solusi Bangun Indonesia’s four cement plants in Java and Aceh command 14.8Mt/yr-worth of production capacity and employ 2400 people.

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URL: https://globalcement.com/news/item/15110-semen-indonesia-restructures-to-increase-stake-in-solusi-bangun-indonesia

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