Entity

PT Polytama Propindo is a prominent Indonesian petrochemical company specializing in the production of high-quality polypropylene (PP) resin, marketed under the Masplene® brand. Established in 1993, Polytama has played a significant role in advancing Indonesia’s petrochemical industry, supporting domestic manufacturing and reducing reliance on imports.

PT Polytama Propindo: Shareholding Structure and Dates

Current Shareholding (as of December 31, 2023):

• PT Tuban Petrochemical Industries: 99.999%
• Pasio Investments B.V.: 0.001% (implied, as only TubanPetro is explicitly mentioned at 99.999%).

This marks a change from previous years, when the shareholding structure was:

• PT Tuban Petrochemical Industries (TPI): 80%
• Pasio Investments B.V.: 20%
  (as reported in the 2018 Annual Report)

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