Lotte Chemical Titan Tbk. vs Indah Kiat Pulp & Paper Tbk. — how do they compare? Lotte Chemical Titan Tbk. trades at Rp328 (market cap 1.83T), while Indah Kiat Pulp & Paper Tbk. trades at Rp7,425 (market cap 40.62T). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 22.2× Lotte Chemical Titan Tbk.'s market cap. Which is the better fit depends on your goals.
| FPNI | INKP | |
|---|---|---|
Market Cap | 1.83T | 40.62T |
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PT. Lotte Chemical Titan Tbk. (the Company) was established in the Republic of Indonesia under the name of P.T. Indofatra Plastik Industri based on Notarial Deed No. 19 of Rukmasanti Hardjasatya, S.H., dated December 9, 1987. Subsequently, its name was changed to P.T. Fatrapolindo Nusa Industri based on Notarial Deed No. 53 dated July 18, 1988 of the same notary. The Company conduct in Bi-axially Oriented Polypropylene/ BOPP Film industry. Start the commercial operation on 1990 by one line production. Now, the corporate have load capacity 20.000 ton/year.
Read more on FPNI →PT Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
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