Saint-Gobain Expands in Indonesian Construction Chemicals Market

Saint-Gobain has solidified its position in the Indonesian construction chemicals market by forming a joint venture with Indocement Tunggal Prakarsa. Announced on December 30, 2025, this JV allows Saint-Gobain to acquire Indocement’s mortar business in Indonesia. Saint-Gobain holds a 60% stake, while Indocement retains the remaining 40%.

Indocement's mortar division, under the Tiga Roda brand, recorded sales of nearly €20 million in 2025. This acquisition complements Saint-Gobain's existing CMU mortars business, enhancing its product and geographic scope.

With 14 production lines and around 1,300 employees in Indonesia, Saint-Gobain aims to leverage combined strengths with Indocement to accelerate its growth in the mortars market. The acquisition aligns with Saint-Gobain’s strategy to enhance its global presence in construction chemicals.