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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]
The plastics industry manufactures polymer materials—commonly called plastics—and offers services in plastics important to a range of industries, including packaging, building and construction, electronics, aerospace, manufacturing and transportation.
PT Semen Indonesia (Persero) Tbk (known as SIG) is a state-owned holding company providing building material solutions. The company has 17 subsidiaries located in Indonesia and Vietnam.
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.
Balikpapan is a seaport city in East Kalimantan, Indonesia. Located on the east coast of the island of Borneo, the city is the financial center of Kalimantan. [6] Balikpapan is the city with the largest economy in Kalimantan with an estimated 2016 GDP at Rp 73.18 trillion. [7] The city is served by Sultan Aji Muhammad Sulaiman Sepinggan Airport ...
East Kalimantan (Indonesian: Kalimantan Timur ⓘ) is a province of Indonesia.Its territory comprises the eastern portion of Borneo/Kalimantan.It had a population of about 3.03 million at the 2010 census (within the current boundary), [6] 3.42 million at the 2015 census, and 3.766 million at the 2020 census; [7] the official estimate as at mid 2023 was 4,030,488. [1]
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 ...
In 1979 the construction of the Kaltim-1 plant began and the commercial operation period was first started in 1987. The Kaltim-2 plant was built in early 1982 and completed 3 months ahead of the stipulated schedule and succeeded in achieving commercial operations faster than East Kalimantan. -1, namely in 1984.