AKR Corporindo Tbk PT ADR (PKCPY)

Overview

PT AKR Corporindo Tbk is a comprehensive logistics and supply chain company headquartered in Jakarta, Indonesia, actively involved in the distribution and trading of petroleum and basic chemical products primarily within the Indonesian market. Initially established in 1977 as PT Aneka Kimia Raya Tbk, the company underwent a name change to PT AKR Corporindo Tbk in September 2004 to better represent its expanded operations. The company's portfolio spans across four primary segments: Trading and Distribution, Logistics Services, Manufacturing, and Industrial Estate, catering to a diverse range of industries. As a key subsidiary of PT Arthakencana Rayatama, PT AKR Corporindo Tbk strategically positions itself to leverage its comprehensive service offerings to meet the dynamic needs of its clients.

Products and Services

PT AKR Corporindo Tbk offers a diversified blend of products and services designed to facilitate the operations and logistics of petroleum and chemical products. These offerings are spread across four main segments:

• Trading and Distribution: This segment forms the core of the company's operations, focusing on the distribution of various petroleum products alongside a plethora of basic chemicals. Notable products include caustic soda, sodium sulphate, PVC resins, and soda ash. The cornerstone of this service lies in its ability to meet the extensive chemical and petroleum demands of various industries across Indonesia.
• Logistics Services: Under this segment, PT AKR Corporindo Tbk provides a comprehensive suite of logistics services that ensure the efficient and safe handling, storage, and transportation of both liquid and solid chemical products, as well as petroleum products. These services encompass the rental of storage tanks and warehouses, bagging, port handling, and dedicated transportation solutions, highlighting the company's versatility in logistics management.
• Manufacturing: Venturing into manufacturing, the company engages in the production and sale of adhesive materials. This segment underscores PT AKR Corporindo Tbk’s capability to diversify its offerings by leveraging its industrial expertise to deliver high-quality adhesive products for various applications.
• Industrial Estate: PT AKR Corporindo Tbk extends its services to the leasing and sale of industrial and port estates. This arm of the company facilitates the establishment and expansion of businesses by providing strategic locations for industrial and port-related activities, further illustrating the company’s commitment to supporting industrial growth in Indonesia.