The company was established in
November 14, 1974 at Palembang, South Sumatera. PT Semen Baturaja is state
cement company, government of indonesia has 76.24 % and the rest is owned
public. The company is producing various cement including ordinary Portland cement
and Portland composite cement. The company has done its IPO at march 14, 2013
at indonesia stock exchange.
The company runs three plants at
panjang, Palembang and baturaja at south sumatera. It derived the raw material,
clay and limestone from at around baturaja plant. So does its silica sand, it
is derived from the third party at around baturaja plant.
For advancing its growth, the
company has been starting the development of new factory to produce cement. It
cooperates with Sinoma group to build Baturaja II plant. The new plant is
scheduled accomplished at 2017. It is expected able to produce 1,850 thousand
tons annually. And for the future, the company plans to establish baturaja III
plant. It would start feasibility study of baturaja III plant.
In 2015 the company was able to
advance its revenue 20.3 % higher compared to sales in 2014. The revenue was
dominated from sales of sales of bagging cement to third party, its sales of
bagging cement was 62.5 % of total sales in 2015. The remains was derived from
revenue of bulk cement. It also improved its gross profit margin from 38.2 % in
2014 to 39.6 % in 2015.
As a state owned company, it
cooperates with other state company such as Bukit Asam persero for coal
purchase, Kereta Api Indonesia persero for railway service and etc.
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