PT Pupuk Indonesia (Persero)

PT Pupuk Indonesia (Persero) is the Indonesian state-owned holding company that consolidates the country's fertilizer producers, including PT Pupuk Sriwidjaja Palembang, PT Pupuk Kujang, PT Pupuk Iskandar Muda, PT Petrokimia Gresik and PT Pupuk Kalimantan Timur. Marketing and distribution run through subsidiary PT Pupuk Indonesia Niaga, which separates the subsidized Public Service Obligation fertilizer business from commercial sales.

In 2024 the group recorded a production capacity of 14.6 million tons and positions itself as the largest nitrogen-based fertilizer producer in Asia Pacific, the Middle East and North Africa, with capacity spanning roughly 9.4 million tonnes of urea, 4.4 million tonnes of NPK and around 7 million tonnes of ammonia. For the 2024 financial year the group reported revenue of Rp 81.62 trillion, up 3.04 percent, and net profit of Rp 8.89 trillion, up 42.10 percent, supported by higher production, operational efficiency and market expansion.

Investment continues across the footprint: a new NPK plant at Pupuk Iskandar Muda, the NPK Phonska V plant at Petrokimia Gresik, and the revitalization of the Pusri III-B plant at Pupuk Sriwidjaja Palembang, which is designed for 445,500 tons of ammonia and 907,000 tons of urea per year with lower gas consumption, targeting completion in 2027. The group is also developing green ammonia initiatives and digitalized fertilizer distribution.