ETFS 2x Daily Long Aluminium Fund (00ET)

Overview

PT Asia Pacific Fibers Tbk, a key player in the chemical and synthetic fiber manufacturing sector, is involved in a wide range of activities within the textile industry. This includes manufacturing, weaving, knitting, among other related pursuits. The company, initially known as PT Polysindo Eka Perkasa Tbk, underwent a name change in December 2009, reflecting its expanded vision and scope. Established in 1984 and headquartered in Jakarta, Indonesia, PT Asia Pacific Fibers operates as a subsidiary under Damiano Investments B.V. It not only caters to the Indonesian market but also has a substantial international presence, serving customers in Europe, the United States, various Asian countries, Australia, and the Middle East. The company's expansive product portfolio and services find application across apparel, furnishings, automotive, and industrial sectors, representing a significant footprint in the global textile industry.

Products and Services

PT Asia Pacific Fibers Tbk offers an extensive range of products and services catering to diverse needs within the textile industry:

• Fibers: The company produces a variety of fibers such as optical bright, open end, dope dyed black, high tenacity, non-woven, filling, spunlace, geotextile, hygiene, classic, antimicrobial, and antimony-free polyester fibers. These fibers are essential for manufacturing textiles with specific properties, including durability, colorfastness, and hygiene factors, catering to various market needs.
• Polyester Chips: Polyester chips are a fundamental material used in the production of polyester fibers and yarns. These chips are crucial for creating textiles that require a blend of strength, elasticity, and resistance to shrinking and stretching.
• Yarns: PT Asia Pacific Fibers produces a range of yarns, including filament, partially oriented, spin draw, draw textured, and differential shrinkage yarns. These yarns serve as the building blocks for fabrics and garments, offering varying characteristics for different textile applications.
• Purified Terephthalic Acid (PTA): PTA is a key raw material in the polyester production process. The company's involvement in producing PTA underscores its integrated approach in the value chain, ensuring quality and efficiency.
• Performance Fabrics: PT Asia Pacific Fibers offers performance fabrics, including fleece and laminated fabrics, designed for specific applications that require advanced capabilities such as water resistance, breathability, and durability.
• Textile Product Trading: Beyond manufacturing, the company engages in the trading of textile products, enhancing its service offering and market reach. This includes a broad spectrum of textiles, meeting diverse market demands.
• Garment Production: The company extends its expertise to the production of ready-to-wear garments and accessories. This service allows for vertical integration, delivering comprehensive textile solutions from raw materials to finished goods.
• Financial Services: PT Asia Pacific Fibers also provides financial services, underlining its diversified approach and commitment to offering value-added services to its customers and stakeholders.