# Taiheiyo Cement and Semen Indonesia finalise collaboration agreement

Taiheiyo Cement and Semen Indonesia have finalised a collaboration agreement covering cement and clinker promotion, sales, and R&D. Taiheiyo Cement will buy shares in Semen Indonesia's subsidiary Solusi Bangun Indonesia, with the deal expected to close in early 2021.

- Type: Partnership
- Announced: 2020-12-09
- Where: Indonesia
- Status: announced
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Semen Indonesia](https://endata.com/companies/21263.md) (partner)
- [Taiheiyo Cement](https://endata.com/companies/32760.md) (partner)
- [Solusi Bangun Indonesia](https://endata.com/companies/46754.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/12389-taiheiyo-cement-and-semen-indonesia-finalise-collaboration-agreement), 2020-12-09: "The business alliance is for business collaboration and research and development of cement, resources, environment, building materials and more."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.