Indal Aluminium Industry Tbk.

Brief of Company Background

The company produces aluminum billet, extrusions (lightweight strong metal that is easily molded, and has various shape and colour), door and window frames, jolousie windows, aluminium ladders, aluminum sheets and panels. The raw materials required are aluminum ingots, aluminum billet, scrap aluminum and master alloys. Some materials are imported from Australia. The company production capacity annually consists of 12,000 tons of aluminum extrusions, 12,000 tons of aluminum billet and 7,200 tons of aluminum sheets and circles. The majority of sales are made to the purchasers placing orders. The customers are primarily high rise construction contractors. The company owns factories with an aluminum production unit and an aluminum products factory, standing on 48 hectares at Waru, Sidoarjo, East Java. As of 24 August 1994, the company acquired PT Indalex which operates construction services. The company is a member of the Maspion Group. The company will buy 103.400 meter square of lands in the Gresik industry area with the total amount of Rp. 15.15 billion. The company will use the land, which is located in a strategic area, to build a new gypsum plant. In conjunction with several of its subsidiaries, PT Indal Aluminium Industry Tbk has founded two new companies, PT Indal Servis Sentra (PT ISS) and PT ERP Multisolusi Indonesia (PT EMI). Set up with paid-up capital of Rp 1.25 billion, PT ISS will market, in particular, the company’s extrusion and processed aluminum products. With paid-up capital of Rp 50 million, PT EMI will operate in the computer consultancy business, including provision, installation, training and consultation for implementation of comprehensive computerized systems for control of all resources.

Shareholder List

Management