Tridomain Performance Materials Tbk: A Specialty Functional Materials Producer March 12, 2018 1506
Company History
Incorporated in 2003 under the name PT Royal Chemie Indonesia as a holding company of two chemical manufacturing companies; PT Eternal Buana Chemical Industries (EBCI) and PT Eterindo Nusa Graha (ENG).
In 2014, the company acquired 92.88% of PT Tridomain Chemicals (TDC), the sole producer of Acrylamide in South East Asia.
In 2016, the company rebrands itself into PT Tridomain Performance Materials TPM). In the same year, the company acquired 80% of PT Petronika (PNK), one of only three plasticizer producers in Indonesia. Hence, together with ENG, made the company as a dominant plasticizer producer in Indonesia.