Displaying items by tag: PT Semen Indonesia

Indonesia: The local government will begin using 'green' cement supplied by state-owned PT Semen Indonesia (SIG) in a bid to ensure sustainable construction in the new capital of Nusantara. This initiative will be a partnership to provide 'green' cement and cement-based products between SIG and PT Bina Karya, a state-owned company carrying out property development in Nusantara. Through 'green' cement production, the company has reportedly recorded a reduction in carbon emissions of up to 38% per tonne of cement so far.

SIG was chosen to supply materials for infrastructure development needs in Nusantara in December 2022. As of February 2024, the company has supplied 0.4Mt of cement from its production facilities in Balikpapan and Samarinda, near Nusantara.

PUPR Ministry’s secretary general, Mohammad Zainal Fatah, said "The Ministry of Public Works and Public Housing (PUPR) is seeking to encourage the supply of domestic industry-based material resources and construction equipment, which can support sustainable infrastructure development principles. SIG has the advantage of extensive production and distribution networks that are able to meet development needs in all regions in Indonesia.”

Indonesia: The sale of LafargeHolcim's Indonesian unit has sparked the interest of several potential buyers in the region. Names in the ring include Japan's Taiheiyo Cement, Malaysia’s YTL Corp and Indonesia’s PT Semen Indonesia, according to Bloomberg reports that cite unnamed sources. PT Indocement Tunggal Prakarsa is also reported to be interested. Bloomberg reports that LafargeHolcim could seek as much as US$2bn for the unit, which has 15.5Mt/yr of capacity across seven plants.

Indonesia: The Indonesian government has selected PT Semen Indonesia president director Dwi Soetjipto as the next president director and CEO of the country's state-owned oil and gas firm PT Pertamina, following interim chief Muhamed Husen, who took over on 1 October 2014 from Karen Agustiawan. As of 28 November 2014, Soetjitpto is leading Pertamina.

Soetjipto managed PT Semen Indonesia's troubled unit, PT Semen Padang, between 2003 and 2005, where his success in overcoming widespread worker's opposition to the government's plan to sell a controlling stake in the firm to Mexico's Cemex landed him the top post in Semen Indonesia.

Soetjipto gained a Bachelor Degree in Engineering from the Sepuluh Nopember Institute of Technology in Surabaya, East Java, a Masters in Management from the Andalas University in West Sumatra and a PhD in Management from the University of Indonesia in Depok, West Java.