- CEO
- Haryanto Adikoesoemo
- Full Time Employees
- 2,140
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- AKR Tower Lt 26 Jakarta JK Indonesia 11530
- IPO Date
- Oct 3, 1994
- Business
- PT AKR Corporindo Tbk operates as a comprehensive logistics and supply chain provider, specializing in the trade and distribution of petroleum and essential chemical products throughout Indonesia. The company's diverse operations are organized across four primary segments: Trading and Distribution, Logistics Services, Manufacturing, and Industrial Estate and related utility services. The Trading and Distribution segment is responsible for supplying various petroleum products, including both subsidized and non-subsidized fuels, to a wide range of industrial clients such as mining, plantation, and power generation sectors, as well as to commercial enterprises and a growing retail network through its branded service stations. Additionally, this segment distributes critical basic chemicals like caustic soda, sodium sulphate, PVC resins, soda ash, chloro-alkali compounds, and solvents, catering to industries from consumer goods to textiles and glass manufacturing. Within its Logistics Services division, the company provides extensive infrastructure including the rental of bulk storage facilities and warehouses, alongside port handling, bagging, and transportation solutions utilizing a large fleet of trucks and self-propelled oil barges. These integrated services are designed to manage the flow of liquid and solid chemical as well as petroleum commodities efficiently. The Manufacturing segment focuses on the production and sale of various industrial goods, including adhesive materials. The Industrial Estate segment is centered on the development, leasing, and sale of industrial and port estates. A key asset in this area is the Java Integrated Industrial and Port Estate (JIIPE) in Gresik, East Java, which holds Special Economic Zone status. JIIPE offers tenants comprehensive utilities, including power generation and water supply, making it an attractive hub for various innovation-driven industries. Established in 1977 as PT Aneka Kimia Raya Tbk, the company adopted its current name, PT AKR Corporindo Tbk, in September 2004, reflecting its expanded business scope. Headquartered in Jakarta, Indonesia, PT AKR Corporindo Tbk operates as a subsidiary of PT Arthakencana Rayatama. The company has demonstrated robust financial performance in recent periods, driven by strong growth in its trading and distribution activities and increasing recurring income from its industrial estate utilities.