In the fertilizer and chemical trading business, the Company conducts its business activities through PT Rolimex Kimia Nusamas, a subsidiary. PT Rolimex Kimia Nusamas is engaged in the production, marketing, logistic, and distribution of fertilizer, pesticide, general chemical, specialty chemical, agrichemical, and lubricants to meet the needs of the plantation, forestry, agriculture, pulp and paper, palm oil processing, food industry, textile, mining, power generation, and various other industrial sectors which are the mainstay sectors in Indonesia. Products are imported to meet the needs of the domestic market. In 2022, the subsidiaries of Sinarmas group still dominate sales revenue by 57% of total sales of fertilizer and chemical trading business.
In 2022, the Company had imported 2.5% of fertilizers and 3.0% of pesticides from Indonesia’s total imports of fertilizers and pesticides. Most of the imported fertilizers and pesticides are allocated to fulfill the domestic demand. Currently, sales of the Company’s variety of products are still dominated by the subsidiaries of Sinarmas group. However, in 2022, the Company through its subsidiaries had succeeded in increasing its product sales in several free market areas in Kalimantan, Java, and Sumatra. The Company had also succeeded in exporting urea fertilizer to Africa. [GRI 2-6-b]