Sinar Mas is one of the largest conglomerates in Indonesia. It was formed in 1938. It has numerous subsidiaries including Asia Pulp & Paper and palm oil producer PT SMART. The company also acquired Berau Coal Energy from Asia Resource Minerals PLC, a major mining group founded by Nathaniel Philip Rothschild, in a takeover initiated by Fuganto Widjaja.
Indonesia Air Transport is an airline and aviation company based in Jakarta, Indonesia. It provides a wide range of aviation services to both the on and offshore oil, gas and mining industries within Indonesia and South-east Asia. Its main base is Halim Perdanakusuma Airport, Jakarta. The company also maintain a secondary hub for its oil & gas industry clients in Sultan Aji Muhammad Sulaiman Airport, East Kalimantan, and operates limited scheduled services from Ngurah Rai International Airport on the island of Bali to the islands of Lombok and Flores. Indonesia Air Transport is listed in category 1 by Indonesian Civil Aviation Authority for airline safety quality. The Company provides air passenger and cargo transportation, aircraft hiring and leasing services, aircraft repairs, and training facilities. IAT also supplies aviation technical equipment and spare parts. It operates various types of fixed-wing aircraft and helicopters.
YTL Corporation Berhad is a Malaysian infrastructure conglomerate, founded in 1955 by Yeoh Tiong Lay, after whom the group is named. YTL Corporation Berhad is an integrated infrastructure developer with extensive operations in countries including Malaysia, Singapore, the United Kingdom, Australia, France, Indonesia, Japan, Jordan, Myanmar, the Netherlands, Thailand and Vietnam. The company has grown from a small construction firm into a global infrastructure company generating over RM25 billion in annual revenue and RM5 billion in EBITDA with over 70 percent coming outside Malaysia.
PT Pertamina (Persero) is an Indonesian state-owned oil and natural gas corporation based in Jakarta. It was created in August 1968 by the merger of Pertamin (established 1961) and Permina (established in 1957). In 2020, the firm was the third-largest crude oil producer in Indonesia behind US-based companies ExxonMobil's Mobil Cepu Ltd and Chevron Pacific Indonesia. According to the 2020 Fortune Global 500 list, of which the company is included, Pertamina is the largest company in Indonesia.
PT Perusahaan Listrik Negara (Persero) (lit. 'State Electricity Company', abbreviated as PLN) is an Indonesian government-owned corporation which has a monopoly on electric power distribution in Indonesia and generates the majority of the country's electrical power, producing 176.4 TWh in 2015. It was included in the Fortune Global 500 lists of 2014 and 2015. It has large debts due to expensive coal power contracts.
Engie SA is a French multinational utility company, with its headquarters in La Défense, Courbevoie, which operates in the fields of electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It is active in both upstream and downstream activities.
PT United Tractors Tbk 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. United Tractors has 20 branch offices, 32 site supports, 6 representative offices, and 54 support points as well as other service installations.
PT Bumi Resources Tbk is one of the largest mining companies in Indonesia and is structured as a holding company. In the 2012 Forbes Global 2000, Bumi Resources was ranked as the 1898th-largest public company in the world. It is the biggest producer of thermal coal in Indonesia and is majority owned by the Bakrie Group.
Prajogo Pangestu is an Indonesian business magnate, investor, and philanthropist who is the founder Indonesian conglomerate Barito Pacific Group, which engages in forestry, plantation, oil and gas, coal and gold mining, as well as geothermal. With a net worth of US$52.9 billion, he is the wealthiest person in Indonesia. In 2019, he was ranked as the 3rd richest person in Indonesia by Forbes.
China is the world's largest electricity producer, having overtaken the United States in 2011 after rapid growth since the early 1990s. In 2021, China produced 8.5 petawatt-hour (Pwh) of electricity, approximately 30% of the world's electricity production.
PT Krakatau Steel (Persero) Tbk is the largest steel maker in Indonesia, headquartered in Cilegon, Banten. The factory is set on a 280-hectare (700-acre) plot in the western end of Banten and adjacent to the Sunda Strait, and where the Krakatoa volcano and island from which the company takes its name are located.
In 2019, the total energy production in Indonesia is 450.79 Mtoe, with a total primary energy supply is 231.14 Mtoe and electricity final consumption is 263.32 TWh. Energy use in Indonesia has been long dominated by fossil resources. Once a major oil exporter in the world and joined OPEC in 1962, the country has since become a net oil importer despite still joined OPEC until 2016, making it the only net oil importer member in the organization. Indonesia is also the fourth-largest biggest coal producer and one of the biggest coal exporter in the world, with 24,910 million tons of proven coal reserves as of 2016, making it the 11th country with the most coal reserves in the world. In addition, Indonesia has abundant renewable energy potential, reaching almost 417,8 gigawatt (GW) which consisted of solar, wind, hydro, geothermal energy, ocean current, and bioenergy, although only 2,5% have been utilized. Furthermore, Indonesia along with Malaysia, have two-thirds of ASEAN's gas reserves with total annual gas production of more than 200 billion cubic meters in 2016.
Royal Golden Eagle is a global integrated, resource-based industrial group, with businesses in paper, palm oil, viscose, construction and energy, property and asset management. Owned by Indonesian businessman Sukanto Tanoto, the group employs 60,000 people worldwide with assets exceeding US$30 billion.
Bumitama Agri Ltd is the Singapore holding company of subsidiary Bumitama Gunajaya Agro. Bumitama is an Indonesian oil palm plantation company which cultivates oil palm trees and produces crude palm oil (CPO). It was established in 1996 by the Harita Group with its first acquisition of land in Central Kalimantan. Bumitama owns roughly 230,000 hectares and has planted 187,000 hectares of oil palm trees, primarily in Central and West Kalimantan. Bumitama owns 14 CPO mills, which produce more than 1,000,000 tons of CPO a year. Primary purchasers of their CPO include Wilmar International, the Sinar Mas Group and Musim Mas. In April 2012, Bumitama Agri presented an IPO on the Singapore Stock Exchange.
The Harita Group is an Indonesian business conglomerate owned and controlled by the Lim family. The group's core businesses are in the natural resources sector, which operates throughout Indonesia. Today, the Harita Group has businesses in nickel mining, ferronickel smelters, bauxite mining, alumina refineries, palm oil plantations, shipping, timber, coal and property. After the 2014 government regulations to ban exports of raw minerals, Harita Group and its partners built a $400 million ferronickel smelter and Indonesia's first alumina refinery for $900 million, both of which have been completed and in full operation since 2016. In December 2019, Glencore International became a partner of Harita Group via its share sale and rights issue of Indonesian-listed Cita Mineral. In June 2021, Harita commissioned the first HPAL plant in Indonesia, which produces Mixed Hydroxide Precipitate, a raw material for electric vehicle batteries. The project had an estimated cost of $1 billion. The current CEO of Harita Group is Lim Gunawan Hariyanto.
The Bakrie Group is an Indonesian conglomerate founded by Achmad Bakrie in 1942. It has interests across various industries including mining, oil and gas, property development, infrastructure, plantations, media and telecommunications. The group is one of the largest business groups in Indonesia, with 10 companies listed on the Indonesia Stock Exchange.
PT Berau Coal Energy Tbk is Indonesia's fifth largest coal producer.
China Hongqiao Group Limited is a company founded in 1994 that specializes in the production of aluminium. Hongqiao is currently the second largest aluminium producer in the world after Chinalco. It is listed on the Hong Kong Stock Exchange with stock code 1378, and is incorporated in George Town, Cayman Islands.
Sexy Killers is a 2019 Indonesian documentary film directed by Dandhy Dwi Laksono and Ucok Suparta about the coal mining industry and its relations with the Indonesian political establishment. The film is a final piece to Laksono's 12-part documentary series Ekspedisi Indonesia Biru which aims to assess economic development and its environmental impact in Indonesia. The producer was Didit Haryo Wicaksono and the film was released by the independent film studio WatchDoc. The film was released on 14 April 2019 ahead of the 2019 Indonesian general election.
USD 3.457 billion (2019)