HISTORY OF INNOVATION
4 decades of innovations
1981
1982
Produced the first Polypropylene Twinwall sheet.
1984
First food grade Vinyl Compound introduced.
1990
Acquired largest plastic sheet distributors in Australia & New Zealand.
1995
1996
Commenced the first quality Vinyl Roofing in Indonesia.
1997
Produced the first Twinwall polycarbonate sheet in Indonesia.
1998
Acquired 100% shares of PT Unipack Plasindo Corp., a major producer of PVC compound and packaging company.
1999
- Acquired Alsynite Roofing – a major producer of FRP roofing sheets and ventilation in Australia. Divested Laserlite Pty.Ltd to Bayer Material Science.
- Divested Laserlite Pty.Ltd to Bayer Material Science.
2009
Launched the first Embossed Polycarbonate sheet in Indonesia, polycarbonate profile (H&U) and brought the capacity to 16.800 MT/year.
2012
Commenced Altira Business Park projects in 26,000 sqm land, with its 32 Floors for business commercial office.
2013
2014
- Produced the first premium fire retardant Aluminum Composite Panel in Indonesia.
- Listed its shares in Indonesia Stock Exchange, with ticker code IMPC.
- Acquired Laserlite Australian and New Zealand polycarbonate sheet business from Bayer MaterialScience Pty Ltd.
2015
- Started production of Sealtuff – a high performance Hybrid Sealant.
- Acquired Alderon (uPVC corrugated double walls roofing) distribution business to expand building material business.
2016
- Relocated to new corporate headquarter at Altira Tower
- Launched new affordable Alderon RS, a uPVC roofing.
- Issued IDR 500 billion bond and received a rating of A-.
2017
- Solar Dryer Dome, inclusive business collaboration with Covestro.
- Acquired asset and business of OCI Holdings Bhd, a leading adhesive and sealant company in Malaysia.
- Acquired asset and business of Alsynite NZ Ltd, the market leader of premium FRP and polycarbonate roofing in New Zealand.
2018
Acquired asset and business of PT Matrikstama Andalan Mitra, a leading interior architecture building products supplier and contractor.