The company produces olefins, polyolefins, styrene monomer, and butadiene, operates geothermal energy resources and wind power plants, and develops industrial/commercial properties with marine transportation and logistics operations. The majority of its revenue derives from the Petrochemical segment, providing essential feedstocks for the downstream plastics industry.
Cyborg Score Rationale
In 2024, the company's revenue declined 13.53% to $2.39B, though earnings increased 116.28% to $56.48M. The diversified business model across petrochemicals and renewable energy provides strategic positioning, though recent revenue headwinds require monitoring.
Top Insights
Controlling stake in Star Energy, Indonesia's largest geothermal power producer, provides renewable energy exposure
Trailing twelve-month revenue of $6.27B as of September 2025 demonstrates substantial operating scale
Three operating geothermal assets with approximately 885 megawatts of total installed capacity
Founded in 1979, transformed from timber company to integrated petrochemical and energy producer in 2007
Named Competitors
Medco — Indonesian integrated energy and petrochemical company
Pupuk Indonesia — State-owned petrochemical and fertilizer producer
Star Energy — Indonesia's largest geothermal power producer
Recent Developments
(Feb 2026) Stock trading at $0.12 with market capitalization of $10.8B