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PROFILE ISSUER

Indo Kordsa Tbk, PT

Description:

Kordsa Global is the world's leading producer of nylon and polyester yarns, cord fabric, and single end cord and provides services to the tire reinforcement and mechanical rubber goods markets.

Kordsa's success story began with the investment in the cord fabric plant in Izmit, Turkey in 1973. Since then, the Company has become the global leader thanks to strategic acquisitions, made in collaboration with powerful business partners. With its 11 facilities, located in 9 countries over 5 continents, and a 4,500-strong workforce, the Company has maintained its position as a global leader. Kordsa Global recorded sales of US $ 882 million in 2008.

Kordsa Global, with its head office in Istanbul, operates in four regions:

Europe, Middle East and Africa
Turkey, Germany, Egypt

North America
U.S. Laurel Hill/South Carolina, U.S. Chattanooga/Tennessee

South America
Brazil, Argentina

Asia Pacific
China, Indonesia, Thailand

In order to provide innovative solutions to its customers, Kordsa Global focused on making investments in R&D, and in the single cord fabric segment, used especially for performance tires.

The R&D Centre, extended in the Izmit Plant in 2008, provides the Company with opportunities to produce innovative products for its customers. And the single-end-cord investments in Turkey, Brazil and Germany plants enabled the Company to meet the market demand as well as the needs of its global tire manufacturer customers.

2008 marked the year when the Company significantly improved its profitability, optimizing its core processes with the vision of Operational Excellence.

Kordsa Global shares are traded on the Istanbul Stock Exchange with a free float of 8.9%.

(http://www.indokordsa.com)

Security: BRAM
Address: Jl. Pahlawan, Desa Karang Asem Timur Citeureup
Phone: 021-8752115
Fax: 021-8791 2252
Website: http://www.indokordsa.com/ Major Industry: Chemicals
Exchanges: JAK Sub Industry: Synthetic Fibers
Currency: Indonesian Rupiahs Employees: 1,470
Fiscal Yr Ends: December Market Cap: 3,453,750,000,000 (IDR)
Share Type: Ordinary Share Outstanding: 450,000,000
Country INDONESIA Closely Held Shares: 410,446,016
Established 8th Jul 1981 Listing: 5th Sep 1990
Closing Price: 7675 (IDR) Data As Of: 17th Nov 2017