Saint-Gobain strengthens its presence in Indonesia

Saint-Gobain is strengthening its presence in Indonesia by increasing its interest from 51% to 100% in PT Cipta Mortar Utama, which specializes in plastering mortars, masonry mortars, tile fixing and facade renders.

The company is Indonesia’s leading manufacturer of industrial mortars with estimated sales of over €50 million in 2015.This acquisition bolsters Saint-Gobain’s position in Indonesia, where it is also present in abrasives, plastics and plasterboard, and is a perfect fit with the Group’s strategy of developing on fast-growing markets.ABOUT SAINT-GOBAINIn 2015, Saint-Gobain is celebrating its 350th anniversary, 350 reasons to believe in the future.Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of €41 billion, Saint-Gobain operates in 64 countries and has over 180,000 employees. For more information about Saint-Gobain, visit, the twitter account @saintgobain, or the Saint-Gobain Shareholder app for tablets and smartphones.

600450 Saint-Gobain strengthens its presence in Indonesia
Date: 29 July 2015

See more news about:

See more from these topics:

Others also read

Now is the time for revolutionary glass for evolving workspaces, with Saint-Gobain Inspire’s Planilaque Evolution.
China Ginza Tokyo is a luxurious and unique building expressing the spirit of Chanel through a façade generating images and acting as lighting for the building.
Vetrotech Saint-Gobain North America has an abundance of products and knowledge to share with those in attendance.
The Rail Nirman Nilayam at Hyderabad, constructed by the South Central Railways, is the first project of the Indian Railways that has been registered for GRIHA compliance.
Our newest development within the Thermovit® product range is Thermovit® PRO A0. A product that is not only heated, but fire-resistant as well.
Presenting its range of solutions at the CILA Conference, the Glassolutions team showed how repairs to windows and doors can often save on indemnity costs.

Add new comment