Jakarta, December 30, 2025-PT Indocement Tunggal Prakarsa Tbk. (Indocement), through its wholly owned subsidiary PT Pionir Beton Indonesia (PBI), has officially established a joint venture named PT Mortar Prakarsa Utama (MPU) with PT Cipta Mortar Utama (CMU), part of the Saint-Gobain Group.
As part of this strategic move, PBI sold 60% of MPU shares to CMU. MPU currently operates three mortar plants located in Citeureup, West Java, and Lampung, Sumatra, producing flagship products such as White Skimcoat Mortar TR-30 and Grey Mortar TR-10, TR-15, and TR-20.
Indocement believes this partnership will create strong synergies in product portfolio, marketing, customer service, and distribution networks.
