Region Populat ion
Cement Consump-
t ion t on Cement
Consumpt . Per Capit a
kg GDP – US
2009
1. JAVA 136, 563, 142
21, 996, 688 161
2, 801 2. SUMATERA
50, 613, 947 9, 690, 931
191 2, 359
3. SULAWESI MALUKU
19, 926, 385 3, 421, 522
172 1, 261
4. KALIMANTAN 13, 772, 543
2, 833, 018 206
4, 327 5. BALI NUSA
TENGGARA 13, 067, 599
2, 326, 931 178
1, 117 6. PAPUA
3, 612, 854 513, 287
142 3, 269
Tot al Indonesia 237, 556, 470
40, 782, 377 172
2, 350
MARKET BY GEOGRAPHY CEMENT CONSUMPTION PER CAPITA FY2010
Papua Bali N T
Kalimantan
Sulawesi
Populat ion Dist ribut ion Populat ion Dist ribut ion
Sumatera 21.3
Java 57.5.
8.4 5.8
5.5 1.5
4
REGION
MARKET SHARE SMGR
INTP SMCB
BSWA ANDLS BTRJA
1. JAVA 38. 2
40. 1 19. 3
2. 3 -
0. 04 2. SUMATERA
44. 2 15. 8
9. 3 2. 3
16. 6 11. 9
3. SULAWESI 61. 1
15. 5 0. 8
22. 7 -
- 4. KALIMANTAN
54. 9 26. 4
10. 1 8. 6
- -
5. NUSA TENGGR. 36. 9
39. 6 4. 2
19. 3 -
- 6. EASTERN IND.
70. 9 15. 4
0. 9 12. 8
- -
TOTAL INDONESIA
43. 2 30. 9
13. 6 5. 5
4. 0 2. 9
SG SP
ST
1 2
3 4
5 6
23.9
7.4 7.1
5.9 2.2
Java
53.5.
Sumatera
Cement Dist ribut ion Cement Dist ribut ion
DOMESTIC MARKET CONSUMPTION
Ret ail resident ial sect or is t he largest consumer of cement in Indonesia
5
Bag
80
Bulk 20
Key Drivers of Domest ic cement demand:
• National Economic Growth
• Favorable Interest Rate Environment
• Infrastructure Expansion
• Per Capita Consumption increase from current low levels
•
Ready-mix inf rast ruct ure:
±
50
•
Fabricat or pre-cast , f iber cement , cement based indust ry:
±
45
•
Proj ect s mort ar, render:
±
5
•
Ready-mix inf rast ruct ure:
±
50
•
Fabricat or pre-cast , f iber cement , cement based indust ry:
±
45
•
Proj ect s mort ar, render:
±
5
•
Housing:
±
90
•
Cement based indust ry:
±
10
•
Housing:
±
90
•
Cement based indust ry:
±
10
± ±
Source: Int ernal Research
6
COMPANY PROFILE
SMGR Corporat e Present at ion May 2011
7
1957 : Inaugurat ion of Gresik I, inst al l ed capacit y of 250, 000 t on cement per annum
1991 : Init ial Publ ic Of f ering, Market Cap. : IDR0. 63t n, resul t ing sharehol ding st ruct ure post IPO:
●
Government of Republ ic of Indonesia: 73
●
Publ ic: 27
1995 : Acquisit ion of PT Semen Padang Persero and PT Semen Tonasa Persero
1998 : Cemex became a st rat egic part ner, Market Cap. : IDR4. 9t n
2006 : Bl ue Val l ey Hol dings bought Cemex’ s 24. 9 st ake in SMGR, Market Cap. : IDR21. 5t n
2010 : In March 31, Bl ue Val l ey Hol dings sol d al l of it s st ake ownership in SMGR, Market Cap per March 31, 2010: IDR43. 3t n
2011 : Target ed t ot al inst al l ed capacit y of 20. 20mm t ons, Market Cap per May 04, 2011: IDR56. 4t n
BRIEF HISTORY BRIEF HISTORY
SMGR IS THE 1 CEMENT COMPANY IN INDONESIA
0,0 5,0
10,0 15,0
20,0
19 57
19 80
19 80
19 84
19 85
19 86
19 94
19 96
19 97
19 98
20 06
20 07
20 08
20 10
20 11
SMGR CAPACITY BUILD-OUT MM TONS SMGR CAPACITY BUILD-OUT MM TONS
8
Public 48. 99
The Government of the Republic of Indonesia 51. 01
PT Semen Gresik Persero Tbk.
PT Semen Padang 99. 99
PT Semen Tonasa 99. 99
Six subsidiaries Non-cement producers
OWNERSHIP STRUCTURE
1
OWNERSHIP STRUCTURE
1
FOCUSES IN CORE BUSINESS
¹ As of Apri l 09, 2010
Five subsidiaries Non-cement producers
1. Unit ed Tract or Semen Gresik:
Explorat ion and exploit at ion of land minerals, except oil and nat ural gas.
2. Indust ri Kemasan Semen Gresik:
Manuf act uring basic mat erials f or packing and bagging indust ries t o produce various t ypes of packs or bags of high economic
value.
3. Kawasan Indust ri Gresik:
Sales of indust rial land sit es, sales of building f or house and shop purposes, rent out ready-f or-use f act ory buildings, warehouses
rent als, of f ice space rent als and house cum shop rent als
4. Swadaya Graha:
Developer, const ruct ion cont ract or, mechanical and elect rical cont ract or, workshop and manuf act ure, st eel f abricat ion, heavy
dut y equipment maint enance, engineering, indust ry and t rade.
5. Varia Usaha:
Transport at ion services, general t rades, import s – export s, domest ic int er-island commodit y t ransport at ion, agency,
dist ribut ors and ot her t rading businesses.
6. Et ernit Gresik:
Product ion of sheet s of cement f iber, panels, and ot her cement - f iber building mat erials.
9 9
Distribution warehouses in all areas of Java, Bali, Sumatra, Kalimantan, Sulawesi and Irian
17 large packing plants
Nationwide distribution network
Operate 4 special sea ports: Padang, Tuban, Gresik, Biringkassi
Total installed cap. EoY 2009: 18.0 mn tons and EoY 2010: 19.0 mn tons
2011
T eluk Bayur
Sumat era Kalimant an
Sulawesi Maluku
Papua
Lombok Bali
Java
Bat am
Ciwandan T anj ung Priok
Jakart a
Samarinda
Banj armasin Palu
Bit ung
Ambon Makassar
Biringkasi
Bali T abanan
Denpasar Singaraj an
DI Yogyakart a Lempuyangan
Jant i
Cent ral Java T egal
Purwokert o Kudus
Magelang Solo Palur
Alas T uwo Moj opahit
Sayung
West Java Serang
T angerang Bogor
Cibit ung Bandung
T asik Malaya Cirebon
Narogong
Belawan
Singapore Kuala Lumpur
T uban Surabaya
Cement Plant Packing Plant
Port Warehouse
East Java Margomulyo
T anj ung Wangi Bangkalan
Swabina
Aceh
Pelabuhan T uban Pelabuhan Gresik
Installed Cap.: 6.1 mn tons
Installed Cap.: 10.0 mn tons
Installed Cap.: 4.1 mn tons
Gresik
10 10
SMGR LONG TERM STRATEGIC FOCUS
SMGR SMGR
THE OVERALL
STRATEGY
COMBINES
6 6
CRITICAL
ELEMENTS 1. Undert ake Capacit y Growt h
2. Manage Energy Securit y