| Type | Public IDX: SMGR |
|---|---|
| Founded | 1957 |
| Headquarters | Gresik, Indonesia |
| Key people | Dwi Sutjipto, CEO |
| Revenue | US$ 1 billion (2007) |
| Employees | 7,252 (2007) |
| Website | www.semengresik.com |
Semen Gresik is the largest cement producing company in Indonesia with an annual cement producing capacity of 17 million tonnes.
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To secure supply and help lower its production costs, the company will set up a coal-trading firm in 2011 and further will seek possibility of coal mine acquisition. 30 percent of overall costs is coal consumption cost.[1]
In May 30, 2011 the fire gutted 2 of PT Semen Tonasa IV machines in Bungoro, South Sulawesi and halted the productions for 10 days with financial losses of about Rp.45 billion ($5.3 million). The plant, owned by PT Semen Gresik Group.[2]