April 20, 2014 12:40 PM ET

Metals and Mining

Company Overview of PT Indonesia Asahan Aluminium

Company Overview

PT Indonesia Asahan Aluminium smelts and produces aluminum ingot. The company also operates a power plant that produces electric power using water. It serves customers in Indonesia, as well as exports its products to Japan. The company was founded in 1976 and is based in Jakarta, Indonesia.

Summitmas I

Lantai 15

Jl. Jenderal Sudirman, Kav. 61-62

P.O. BOX 6917

Jakarta,  12190

Indonesia

Founded in 1976

Phone:

62 21 252 0185

Fax:

62 21 252 4278

Key Executives for PT Indonesia Asahan Aluminium

President Director
Age: 48
Director of Planning & Finance and Director
Director of Smelting Technology and Director
Director of GA & HR and Director
Director of Business and Director
Compensation as of Fiscal Year 2013.

PT Indonesia Asahan Aluminium Key Developments

PT Indonesia Asahan Aluminium Appoints Winardi as President Director

PT Aneka Tambang's (Antam) operations director Winardi has been appointed PT Indonesia Asahan Aluminium's (Inalum) president director.

Acquisition Negotiations For Indonesia Asahan Aluminium In Final Round

The negotiations for the acquisition of PT Indonesia Asahan Aluminium (Inalum) is in final round as the Indonesian government has sent a negotiator team to Tokyo, Japan to finalize the acquisition. M.S. Hidayat, Industry Minister of Indonesia, said that Indonesia’s negotiator team has made final meeting related to all finalization process of Inalum cooperation. According to Hidayat, the Ministry together with the Development and Financial Supervisory Board (BPKP), Coordinating Ministry for Economy, and State Ministry for State-Owned Enterprises have agreed on the compensation value over Inalum acquisition of $556.7 million. Hidayat said, "Right now, my team led by Agus (Directorate General for International Industrial Cooperation at the Industry Ministry Agus Tjahajana) is in Tokyo to discuss all." Hidayat added the one-to-one meeting is highly required for the acceleration on document arrangement of termination agreement. Hidayat said, "The sentences composition should be arranged well as we think that direct dialogue through e-mail or teleconference is less than effective. Therefore, we sent five people there and if everything runs well there shall be the determination of termination agreement."

PT Indonesia Asahan Aluminium Presents at Smelter Summit, Feb-26-2014 03:50 PM

PT Indonesia Asahan Aluminium Presents at Smelter Summit, Feb-26-2014 03:50 PM. Venue: Grand Hyatt Hotel Jakarta, Jakarta, Indonesia. Speakers: Harmon Yunaz, Director of Production and Director.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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