- Business
- PT Indal Aluminium Industry Tbk PT Indal Aluminium Industry Tbk engages in the manufacture and distribution of aluminum products in Indonesia through four divisions: Manufacturing Industry, Construction Services, Software Services, and General Trading and Investments. The company produces aluminum solar frames and mounting systems; architectural products including curtain walls, doors, windows, and composite panels; electronic and precision parts such as heat sinks; ladder products comprising household, tradesmen, and heavy duty industrial ladders along with level arcs and planks; stainless steel water tanks; aluminum profiles for transportation components like body and window frames of vans, trucks, and commercial vehicles; aluminum-extruded products for office partitions; and fabricated aluminum frames for showcases, picture frames, signage profiles, customized chairs, and tables. It also provides façade design, supply, and installation construction services; sells, maintains, and repairs ERP software; invests in aluminum and coating industries; manufactures paints; and trades aluminum products including stairs, water tanks, and profiles, with exports to Japan, Hong Kong, Thailand, Singapore, Australia, the United States, and other Asian countries.
Founded in 1971 and headquartered in Sidoarjo, Indonesia, the company serves domestic markets in West Java and East Java while generating significant export revenue, and operates subsidiaries such as PT Indalex in construction services and PT Indal Investindo in investments.
In July 2024, PT Indal Investindo, a subsidiary, injected IDR 102 billion in extra capital into PT Indalex following a general meeting of shareholders to support refinancing efforts and reduce debt expenses, with no change to controlling shareholder positions.