Indocement Tunggal Prakarsa Tbk PT

XMUN:ITP

Business Description

Sector

Materials

Industry

Construction

Headquarters

Indonesia ID

Employees

4 106

IPO date

Dec 5, 1989

Indocement Tunggal Prakarsa Tbk PT is one of Indonesia’s major cement makers. It produces and sells cement, clinker, and ready-mix concrete used in homes, roads, buildings, and other construction projects. Its products go to contractors, distributors, retailers, and other builders that need a steady supply of basic construction materials.

The company makes money by manufacturing cement at its plants and selling it through a wide distribution network. Cement is a low-tech but essential product, so the business depends on factory efficiency, access to limestone and other raw materials, and a reliable logistics system to move heavy goods around the country. It also sells through channels that serve both large infrastructure jobs and smaller local construction demand.

What makes Indocement’s business easy to understand is that it sits at the center of the construction supply chain: it turns raw materials into the core ingredient used in almost every building project. Demand for its products is tied closely to housing, infrastructure, and general construction activity, which makes it a basic building-block business rather than a consumer brand or a technology company.