PROFILE ISSUER

Asiaplast Industries Tbk, PT

Description:

PT. Asiaplast Industries Tbk was established in 1992 as PT Akasa Pandukarya and involved in the trading of raw material for plastic and Polyvinyl Chloride (PVC) sheets. The company imported plastic raw material and PVC sheets to meet domestic demand for industrial usage.

The company started to engage in PVC manufacturing industry by building its Flexible PVC Film & Sheet manufacturing facilities in 1995. The facilities was located on a 97,830 m2 land at Sentosa street, Gembor Village, Periuk District, Tangerang, Province of Banten. The initial commercial production capacity of 5,000 metric tons p.a. in 1996 were Transparent, Printed and Laminated PVC sheets.

During the course, the Company has grown and increased it's production capacity to 25,000 metric tons p.a. through it's 5 (five) production units. Subsequently, in order to meet market demand, the Company has initiated product diversifications by installing 2 (two) production lines of PVC Sponge & Leather Sheet with a total capacity of 12,000 metric tons p.a. In 2002 the Company has also installed 1 (one) production unit of Rigid PVC Film & Sheet with a capacity of 6,000 metric tons p.a.

Today, with its shares listed on the Jakarta Stock Exchange since 2000, PT. Asiaplast Industries, Tbk. is committed to meet the quality standards expected by its customers. It has adopted ISO 9002 : 1994 from 2000 until 2003, and has upgraded to ISO 9001 : 2000 on 2004. Backed up by this certification, the company will continuously enhance its quality control process to deliver the best product for its customers. (http://www.asiplast.co.id)

Security: APLI
Address: Menara Imperium Lt. 10 Suite D, Jl. HR. Rasuna Said Kav. 1
Phone: 835-4111
Fax: 835-4113
Website: http://www.asiaplast.co.id/ Major Industry: Miscellaneous
Exchanges: OTH JAK Sub Industry: Miscellaneous Companies
Currency: Indonesian Rupiahs Employees: 301
Fiscal Yr Ends: DECEMBER Market Cap: 118,500,000,000 (IDR)
Share Type: ORDINARY Share Outstanding: 1,500,000,000
Country INDONESIA Closely Held Shares: 931,884,032
Established 30th Sep 1993 Listing: 1st May 2000
Closing Price: 79 (IDR) Data As Of: 22nd Nov 2017