PT Impack Pratama Industri Tbk had finally started its first production and export of adhesives and sealant from Cikarang factory. We have successfully merged our MS sealant division with our newly acquired business of OCI Malaysia (completed in February 2017) and renamed the division to PT. OCI Material Pratama.
PT OCI Material Pratama will continue to export of its famous S-100 brand adhesives and OCI sealant to 15 countries from Indonesia, targeting export revenues of IDR 50 Billion by 2018. We will also introduce the well established brand, well known since 1982 into Indonesian market using our extensive distribution network.
This business will find synergies with our roofing products, and aluminum composite panels, as well as to open new opportunities in concrete and glass sealant market.
As of year to date, PT Impack Pratama had completed two acquisitions: OCI Malaysia and Alsynite NZ Ltd, of which together will contribute extra revenues of IDR 200 Billion in year 2018.
A complete product range can be seen at www.oci-international.com.