Heidelberg Materials strengthens presence in Indonesia


In Indonesia, Heidelberg Materials has signed an agreement via its subsidiary Indocement to acquire 100% of the shares in PT Semen Grobogan. The company operates an integrated cement plant in Central Java, which started commercial production in 2022. With this investment, Heidelberg Materials further strengthens its footprint in Indonesia, one of the company’s core markets in Asia-Pacific. Semen Grobogan has a capacity of 1.8 Mta of clinker and 2.5 Mta of cement with limestone reserves lasting for more than 50 years. The parties have agreed not to disclose the purchase price.