PT Chemstar Indonesia Tbk

PT Chemstar Indonesia Tbk

IIDX:CHEM
53.00
IDR
+2.00
(+3.92%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Kwee Sutrimo
Full Time Employees
63
Sector
Process industries
Industry
Chemicals: major diversified
Address
Jl. Industri Ubrug No. 70 Purwakarta JB Indonesia 41152
IPO Date
Jul 8, 2022
Business
PT Chemstar Indonesia Tbk is an Indonesian chemical company primarily engaged in the trading and manufacturing of chemicals and dyes for the textile industry and other industrial sectors. Established in 2004 and headquartered in Indonesia, the company offers a comprehensive range of environmentally friendly textile dyes, textile auxiliaries, and chemical products designed for spinning, sizing, weaving, knitting, pre-treatment, dyeing, printing, finishing, and coating processes. PT Chemstar Indonesia targets local and global brand customers such as Adidas, Nike, Uniqlo, and M&S. The company operates as a green company, emphasizing eco-friendly products complemented by technical services adhering to global quality standards. Recent developments include a strategic focus on expanding sales in the energy and agricultural chemical sectors, leveraging government programs aimed at boosting domestic production and self-sufficiency in commodities. PT Chemstar is aiming to increase its revenue to IDR 207 billion in 2025, driven by growth in agrochemical and energy sectors, marking a shift towards diversification beyond textiles. The company also reported an increase in sales and expects continued growth despite challenges in cost pressures. This strategic expansion reflects Chemstar’s increasing engagement in chemicals for the energy and agroindustries alongside its core textile chemical business. The company continues to aim for innovation and competitiveness in high-technology chemical products, reinforcing its footprint in the Indonesian market and beyond. This detailed description includes PT Chemstar Indonesia's core products and services and highlights recent strategic business shifts and growth targets within the last 1-2 years.