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PT Semen Padang is the state-owned company that became oldest cement plant in Indonesia, having been founded in 1910.[2]
Headquarters of Semen Padang in Indarung
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Native name | PT Semen Padang |
|---|---|
| Formerly | NV Nederlandsch Indische Portland Cement Maatschappij |
| Company type | Company |
| Industry | production  |
| Founded | 18 March 1910 |
| Founder | Carl Christophus Lau[1] |
| Headquarters | , |
Key people | Asri Mukhtar (President Director) |
| Products | Cement |
Production output | 8,900,000 tons/year |
| Parent | Semen Indonesia |
| Website | www |
The company owns the football club Semen Padang F.C., that competes in the Liga 1 (Indonesia).
PT Semen Padang (Persero) was established on 18 March 1910 firstly named NV Nederlandsch Indische Portland Cement Maatschappij (NV NIPCM). The Company emerged to be the first cement plant in Indonesia.[2] On 5 July 1958, the company was nationalized by the Government of the Republic of Indonesia. During this period, the Company started to develop itself by increasing the capacity of Indarung I Plant to 330.000 tons/year. Next, the company developed the capacity of its production by erecting Indarung II, III and IV Plants which, unlike that of Indarung I, apply dry process.[3]
In 1995, the Government shifted its ownership in PT Semen Padang to PT Semen Gresik (Persero) Tbk and in the same year approved the development of Indarung V. Presently, PT Semen Gresik (Persero) Tbk. owns 99.99% of the company's shares. The rest 0.01% is owned by Koperasi Keluarga Besar Semen Padang. The controlling share of PT Semen Gresik (Persero) Tbk. in the company (51.01%) is owned by the Government of the Republic of Indonesia, while the rest 48.09% is owned by various shareholders.[3]
The total production capacity of PT Semen Padang is 8,400,000 tons/year,[4] making it the largest cement producer in Indonesia, with details are as follows:
The Indarung I Factory has been deactivated since October 1999, with consideration of efficiency and pollution. The factory which was established on 18 March 1910 in its production process uses a wet process.
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