Indonesian Materials Strong Balance Sheet Stocks

Solusi Bangun Indonesia

Market Cap: Rp7.0t

Engages in the production and distribution of cement, ready-mixed concrete, and aggregates in Indonesia and internationally.

Alakasa Industrindo

Market Cap: Rp297.0b

Through its subsidiaries, offers aluminium and metal fabrication products for automotive, train, energy, plantation, green house structure, furniture, and other projects in Indonesia.

Cita Mineral Investindo

Market Cap: Rp12.1t

Engages in bauxite mining activities in Indonesia.

Suparma

Market Cap: Rp836.5b

Manufactures and sells paper and related paper products in Indonesia.

Vale Indonesia

Market Cap: Rp54.0t

Engages in the mining and processing of nickel in Indonesia.

Betonjaya Manunggal

Market Cap: Rp257.8b

Manufactures round bar in Indonesia.

Avia Avian

Market Cap: Rp18.9t

Manufactures and distributes paints and building materials in Indonesia.

Central Omega Resources

Market Cap: Rp3.6t

Engages in the mineral mining business in Indonesia.

Indo Acidatama

Market Cap: Rp385.3b

Operates as an agro-chemical company in Indonesia.

Paperocks Indonesia

Market Cap: Rp160.2b

Engages in the manufacture and sale of food-grade paper packaging for restaurants, cafes, bakeries, hotels, and other food businesses in Indonesia.

OBM Drilchem

Market Cap: Rp129.0b

Engages in processing and trading and export of special drilling chemical in Indonesia and internationally.

Duta Pertiwi Nusantara

Market Cap: Rp102.7b

Engages in the glue, chemical goods, and mining businesses in Indonesia.

Impack Pratama Industri

Market Cap: Rp91.7t

Manufactures and distributes plastic building materials in Indonesia and internationally.

J Resources Asia Pasifik

Market Cap: Rp11.9t

Engages in the gold mining business in Indonesia.

Madusari Murni Indah

Market Cap: Rp642.9b

Through its subsidiaries, engages in the production, distribution, trading, advisory, and brokering of various organic and non-organic chemical and non-chemical products in Indonesia.

PAM Mineral

Market Cap: Rp6.2t

Together with its subsidiary, engages in mining of mineral properties in Indonesia.

Tunas Alfin

Market Cap: Rp906.8b

Engages in the manufacturing and selling of packaging products in Indonesia.

Lautan Luas

Market Cap: Rp1.2t

Manufactures and distributes basic and specialty chemicals in Indonesia and internationally.

Lotte Chemical Titan

Market Cap: Rp2.0t

Engages in the production and distribution of polyethylene products in Indonesia.

TIMAH

Market Cap: Rp27.0t

Engages in tin mining and smelting operations in Indonesia and internationally.

Semen Baturaja (Persero)

Market Cap: Rp1.5t

Produces and distributes cement in Indonesia.

Sinergi Inti Plastindo

Market Cap: Rp139.9b

Produces and distributes plastic packaging products in Indonesia.

Kedawung Setia Industrial

Market Cap: Rp719.3b

Produces and sells corrugated cardboard boxes, enamel roofing panels, and enamel-coated household appliances in Indonesia.

Unggul Indah Cahaya

Market Cap: Rp4.8t

Engages in the manufacture and sale of alkylbenzene chemicals in Indonesia and internationally.

Intanwijaya Internasional

Market Cap: Rp135.0b

Manufactures formalin and formalin derivative products in Indonesia.

PT. Polychem Indonesia

Market Cap: Rp777.8b

Produces and sells various chemical products and artificial resin in Indonesia, Asia, and Europe.

Wijaya Karya Beton

Market Cap: Rp653.7b

Together with its subsidiaries provides pre-stressed concrete (PC) products in Indonesia and internationally.

Champion Pacific Indonesia

Market Cap: Rp384.1b

Manufactures and sells flexible packaging products in Indonesia and internationally.

Surya Biru Murni Acetylene

Market Cap: Rp102.3b

Produces chemical industrial gases in Indonesia.

Lionmesh Prima

Market Cap: Rp24.6b

Engages in the manufacturing and selling welded steel wire mesh products primarily in Indonesia.

ESSA Industries Indonesia

Market Cap: Rp11.2t

Owns and operates liquefied petroleum gas (LPG) refinery in Indonesia.

Trimegah Bangun Persada

Market Cap: Rp57.3t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing in Indonesia and distributes the products to China, Switzerland, Hong Kong, Sweden, and Singapore.

Steel Pipe Industry of Indonesia

Market Cap: Rp2.7t

Together with its subsidiary, PT Spindo Engineering Industry, manufactures and sells steel pipes/tubes and other related products in Indonesia and internationally.

Colorpak Indonesia

Market Cap: Rp514.6b

Together with its subsidiary, PT Colorpak Flexible Indonesia, operates in the ink, and paint and printing ink industries in Indonesia.

Ifishdeco

Market Cap: Rp2.7t

Engages in the mining exploration, development, production, transportation, trading, and sales of nickel ores in Indonesia and internationally.

Alamtri Minerals Indonesia

Market Cap: Rp65.4t

Engages in metallurgical coal mining business in Indonesia.