Indonesian state-owned agrochemicals company, PT Pupuk Indonesia launches UAE operations

Indonesian state-owned agrochemicals company, PT Pupuk Indonesia launches UAE operations

DUBAI – Indonesian State-Owned Enterprise (SOE), PT Pupuk Indonesia (Persero), is expanding opportunities for trade cooperation in ammonia, urea, NPK, and other products by opening a representative office in Dubai, United Arab Emirates (UAE) on Monday, 31 October 2022. Through this expansion, Pupuk Indonesia hopes to further expand its trading businesses and gain broader access to raw materials and other industrial developments.

In his remarks, the First Deputy Minister of State-Owned Enterprise of the Republic Indonesia, Pahala Nugraha Mansury, stated that Pupuk Indonesia as the largest fertilizer producer in Asia plays an important role in the world fertilizer trade. In 2022, Pupuk Indonesia is predicted to achieve a revenue value of USD 6 billion or a two-fold increase in the last five years.

Pahala further stated that the opening of a representative office in Dubai by Pupuk Indonesia is a very strategic step because there are three initiatives that Pupuk Indonesia will develop in the future. “The first one is making sure that they have operational excellence, including supply chain efficiency. The second is about food security and optimization, where fertilizer becomes one of the key success factors to have a better food security. The third, we also believe that Pupuk Indonesia