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PT United Tractors Tbk (also known as UT or UT Company) is an Indonesian company, subsidiary of PT Astra International Tbk ("Astra") that operates in six business lines, namely Construction Machinery, Mining Contractor, Coal Mining, Gold Mining, Construction Industry, and Energy.
Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was founded. [6] Bakrie Group also acquired 80% of the coal mining company PT. Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003.
Kalimantan (Indonesian pronunciation: [kaliˈmantan]) is the Indonesian portion of the island of Borneo. [2] It constitutes 73% of the island's area, and consists of the provinces of Central Kalimantan, East Kalimantan, North Kalimantan, South Kalimantan, and West Kalimantan. The non-Indonesian parts of Borneo are Brunei and East Malaysia.
In 2001, Asia Pulp & Paper (APP), the subsidiary of Sinar Mas, called a standstill on $14 billion worth of bonds and loans and stopped repaying its debt, including interest payments, in what is still the largest default to foreign investors in Asian market history. [5]
Judging from the size of the territory, West Kalimantan is Indonesia's third largest province by area, after Papua (421,891 km 2) and Central Kalimantan (152,600 km 2). The largest regency is Kapuas Hulu (31,318 km 2 or 21.3 percent of the provincial area), followed by Ketapang (30,019 km 2 or 20.4 percent) and Sintang (22,026 km 2 or 15.0 ...
PT Fajar Bumi Sakti: manages a total concession area of 8,250.5 hectares in East Kalimantan. PT Pendopo Energi Batubara: owns a concession area of 17,840 hectares in South Sumatera. PT Bumi Resources Minerals Tbk: operates other (non-coal) mining assets. Kalimantan Coal Limited. Bumi Investment Pte. Ltd. Herald Resources Pty. Ltd. Bumi Capital ...
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
The Kahayan River through the city of Palangka Raya.. The name Palangka Raya is a combination of two words from two languages: palangka (Dayak Ngaju), meaning sacred site, and raya (), meaning vast; therefore, Palangka Raya means a vast sacred site.