# Taiheiyo Cement to invest in Solusi Bangun Indonesia

Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and offtake agreement with PT Solusi Bangun Indonesia Tbk and PT Semen Indonesia Industri Bangunan on 26 January 2021. Taiheiyo plans to invest US$220m for at least 15% of shares.

- Type: Investment
- Announced: 2021-01-26
- Where: Indonesia
- Value: $220.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [PT Solusi Bangun Indonesia](https://endata.com/companies/37390.md)
- [Taiheiyo Cement](https://endata.com/companies/32760.md) (investor)
- [PT Semen Indonesia Industri Bangunan](https://endata.com/companies/37230.md) (partner)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/170221/taiheiyo-signs-capital-investment-agreement-in-solusi-bangun-indonesia.html), 2021-01-27: "Japanese investor Taiheiyo planned to inject US$220m in capital into SMCB."

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