Akr Corporindo Tbk (AKRA)

Overview

PT AKR Corporindo Tbk is an Indonesian-based logistics and supply chain company specializing in the distribution and trading of petroleum and basic chemical products. Operating through four main segments: Trading and Distribution, Logistics Services, Manufacturing, and Industrial Estate, the company provides a wide range of services catering to various aspects of industrial and chemical distribution. Initially known as PT Aneka Kimia Raya Tbk, the company underwent a name change to PT AKR Corporindo Tbk in September 2004. Since its incorporation in 1977, PT AKR Corporindo Tbk has grown to become a key player in the industry, maintaining its headquarters in Jakarta, Indonesia. As a part of its expansion and diversification strategy, the company also engages in coal trading and mining, as well as domestic shipping. PT AKR Corporindo Tbk operates as a subsidiary of PT Arthakencana Rayatama, further solidifying its position within the Indonesian logistics and supply chain sector.

Products and Services

• Trading and Distribution

This segment primarily handles the distribution of petroleum products and various basic chemicals including caustic soda, sodium sulphate, PVC resins, and soda ash. Through its extensive distribution network, PT AKR Corporindo Tbk ensures the steady supply of these essential materials across Indonesia.

• Logistics Services

PT AKR Corporindo Tbk offers a comprehensive range of logistics services tailored for the handling of both liquid and solid chemicals, as well as petroleum products. This includes the rental of storage tanks and warehouses, bagging services, port handling, and transportation, ensuring a seamless supply chain for its clients.

• Manufacturing

In this segment, the company focuses on the production and sale of adhesive materials. Leveraging its expertise in chemical processing, PT AKR Corporindo Tbk provides high-quality adhesives for various industrial uses.

• Industrial Estate

This area of business involves leasing and selling industrial estate land, along with the sale of electricity and the provision of other related services to tenants within these estates. PT AKR Corporindo Tbk aims to create a supportive industrial environment that facilitates the operations of its tenants.

In addition to its core business segments, PT AKR Corporindo Tbk has also ventured into coal trading and mining, expanding its reach within the energy sector. The company also emphasizes its role in domestic shipping, highlighting its integrated approach to logistics and supply chain management in Indonesia.