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Trades about 229% above its sector, the market expects faster growth.
Established in 1992 and headquartered in Tangerang, Indonesia, PT Asiaplast Industries Tbk is an international manufacturer and supplier of various plastic sheet products. The company operates through its distinct Plastic and Electronics divisions. Its extensive product range includes flexible films and sheets, which are used in applications such as office furnishings, furniture and appliance overlays, promotional materials, rainwear, and diverse packaging solutions. They also produce synthetic leather, known as leatherette, for fashion accessories, automotive interiors, upholstery, and tents. Additionally, the company provides rigid films and sheets, crucial for pharmaceutical blister packaging, food-grade containers, various box designs (including window boxes), and thermoformed products. A key offering is polyethylene terephthalate (PET) sheets, widely utilized for drinking cups and lids, food packaging, cosmetic trays, electronic and semiconductor trays, automotive spare part packaging, and pharmaceutical blisters. PT Asiaplast Industries Tbk, previously named PT Akasa Pandukarya, is a subsidiary of PT Maco Amangraha.
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