Trading expanded; AKR became widely-known and well-established
1980s
AKR built its own chemical storage tank facilites and warehouses in Indonesia's main sea ports. Headquarters moved to Jakarta. The first sorbitol was built with a capacity of 5,000 MT per annum.
1990s
AKR became a listed company. A second sorbitol plant was completed as a joint venture in East Java. A sorbitol plant in China was constructed. An upstream starch factory was completed. Bulk terminal operations expanded.
2004
Acquired a 58.24% controlling stake in Sorini, East Java, and 100% control of Khalista Chemical Industries, China.
2005
Entered the downstream petroleum business in oil distribution.
2006
AKR acquired five bulk commodity ports in southern China.
2007
Signed JV with Global liquid bulk logistics leader Royal Vopak for 450,000 kilolitres fuel storage terminal in Jakarta
Commissioned New starch plant in Lampung to increase in-house starch production
Increased shareholding in Sorini Agro Asia Corporindo Tbk from 58.24% to 69.91%.
Acquired AKRA 10 - SPOB - Vessel for Fuel Transportation in Kalimantan Region
2008
Commissioned 50,000 KL Terminal in Stagen Kalimantan
PT. Agro Asia Manunggal AAM was formed and construction began for new Starch plant in Lampung
SAAC sourced more than 1/3rd of Starch requirements in-house
AKR acquired first fuel vessel - SPOB – AKRA 10 for Fuel Distribution
2009
Commissioned 10,000 KL Terminal in Benoa Bali, Bali
Commissioned AKRA 20 - SPOB - 2,000 DWT Vessel for Fuel Distribution in Kalimantan Region
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