LAUTAN LUAS | COMPANIES | INDONESIA
Lautan Luas Indonesia - Company Profile
Company Overview
History:
PT Lautan Luas Tbk (Lautan Luas Group) was founded in 1951 as an importer and distributor of basic chemicals. It was originally established on July 13, 1951 under the name Persekutuan Andil Maskapai Dagang dan Industri “Lim Teck Lee” (Indonesia) (also known as NV Lim Teck Lee). The name was changed to PT Lautan Luas in 1965. Lautan Luas listed on the Indonesia Stock Exchange in 1997 under the ticker code LTLS, becoming a public company. The business was founded by Adyansyah Masrin, who led the company until his passing in 2014, after which leadership passed to his eldest son Indrawan Masrin.
Corporate Structure and Ownership:
Lautan Luas is majority-owned by PT Caturkarsa Megatunggal, which holds about 55% of its shares. The company is organized into three main business segments – Distribution, Manufacturing, and Support & Services – and operates through numerous subsidiaries and affiliates in Indonesia and abroad. Key elements of the group structure include:
- Distribution: The core distribution business is handled by PT Lautan Luas Tbk itself, supported by regional subsidiaries (e.g. Lautan Luas Singapore Pte. Ltd.) to supply a broad range of chemicals throughout Indonesia and the Asia-Pacific. Lautan Luas works with over 100 international supplier principals and distributes more than 1,000 chemical products to around 2,000 end-users.
- Manufacturing: The company’s manufacturing segment is operated via several subsidiaries that produce basic and specialty chemicals. Examples include PT Dunia Kimia Utama, PT Indonesia Acid Industry, PT Liku Telaga, PT Mahkota Indonesia (producers of sulfuric acid, sodium silicate and other basic chemicals), as well as food ingredient units like PT Lautan Natural Krimerindo and PT Lautan Sweetener Indonesia which make non-dairy creamer and glucose products. These subsidiaries enable Lautan Luas to manufacture chemicals for various industries in addition to distributing them.
- Support & Services: Lautan Luas also operates in logistics and technical services. It spun off its logistics division into the Linc Group (managed under PT Cipta Mapan Logistik) as a dedicated supply chain and warehousing subsidiary. Other service units include PT Lautan Jasaindo and PT Strategic Partner Solution (providing IT and consulting services), as well as water treatment affiliates like PT Lautan Solusi Air (Solusiair) Nusantara and PT Lautan Organo Water, which offer water treatment solutions. This services segment provides end-to-end logistics, water treatment services (through offerings like Watercare/Pureve), and information technology solutions to support the chemical business.
Key Leadership:
Lautan Luas is led by an experienced management team and board. Indrawan Masrin serves as the President Director (CEO) of the company, a position he has held since the mid-1990s. The President Commissioner (Chairman of the Board) is Isien Fudianto. Other notable executives include Jimmy Masrin (Vice President Director), who is part of the founding family, and Elly Mariana Tansil (Finance Director/CFO). The Board of Commissioners also comprises independent commissioners to provide oversight, in accordance with corporate governance standards for publicly listed companies.
Products and Services
Lautan Luas is a leading chemical distributor and manufacturer in Indonesia, offering a wide range of products and related services. Its offerings can be grouped into several categories:
- Chemical Distribution: As a core business, Lautan Luas distributes basic and specialty chemicals, partnering with dozens of international principals. The company acts as a one-stop chemical supplier, handling over 1,000 chemical products (both commodity and specialty chemicals) and delivering to industrial customers across Indonesia and the region. These products range from solvents, polymers, and industrial chemicals to specialty additives and ingredients. The distribution network serves over 2,000 industrial end-users in sectors such as manufacturing, consumer goods, and processing industries.
- Chemical Manufacturing: Through its subsidiaries, Lautan Luas manufactures a variety of chemical products. Key product lines include food and beverage ingredients (e.g. non-dairy creamer and other powdered food additives), water treatment chemicals (such as aluminum sulfate and polyaluminum chloride), and other basic chemicals like sulfuric acid and sodium silicate. It also produces various specialty chemicals used in industries ranging from agriculture to personal care. These manufacturing activities enable the company to supply high-quality local products in addition to imported chemicals. Lautan Luas’ mix of manufactured and distributed products allows it to cater to diverse needs in the market.
- Support Services (Logistics & Solutions): Complementing its chemicals business, Lautan Luas offers integrated support services. Its Linc Group subsidiary provides end-to-end logistics and supply chain services – including contract logistics, warehousing (for dry and liquid chemicals), bulk handling, freight forwarding, customs brokerage, and transportation solutions. In the water technology field, the company (through units like Lautan Solusi Air and partnerships like Lautan Organo Water) delivers water treatment solutions – offering water quality testing, treatment system design, installation, and maintenance services for industrial clients. Additionally, Lautan Luas has an IT services arm (e.g. Strategic Partner Solution) that provides information technology and management services, including software solutions for enterprise resource planning and other business needs. The company also offers laboratory testing services and technical support to customers, ensuring value-added services alongside its chemical products.
- Industries Served: Lautan Luas’ customer base spans many sectors of the economy. The company’s chemicals and ingredients are used in the food & beverage industry, including in processed foods and drinks. It also serves the pharmaceutical and healthcare sector, drinking water and wastewater treatment plants, personal and household care product manufacturers, the automotive industry, animal feed producers, building and construction materials, agriculture, mining, textile and apparel manufacturing, as well as the pulp, paper, and packaging industries. This broad range of client industries reflects Lautan Luas’ role as a general chemical provider supporting both Indonesia’s industrial base and regional markets.
Company Registry and Contact Information
- Legal Name & Form: PT Lautan Luas Tbk – a Perseroan Terbatas (limited liability company) incorporated in Indonesia, with “Tbk” indicating a publicly listed company.
- Establishment & Listing: Founded in 1951 (as NV Lim Teck Lee) and registered as a company in Indonesia. Went public on the Indonesia Stock Exchange in July 1997 (IDX stock code: LTLS).
- Corporate Identity Numbers: Tax Registration (NPWP) – 0013159009054000. ISIN (International Securities ID Number) – ID1000133507.
- Registered Address: Graha Indramas, Jl. AIP II K.S. Tubun Raya No. 77, Slipi, Palmerah, West Jakarta 11410, Indonesia.
- Contact: Tel. +62 21 8066 0777; Email info@lautan-luas.com; Website www.lautan-luas.com. (Additional investor relations contact: Fax +62 21 5367 1120; alternate phone +62 21 5367 7777.)
Summary
All information has been gathered from official records and credible sources, including the company’s website and profile data, Indonesian stock exchange filings, and reputable business directories. These details provide a comprehensive profile of Lautan Luas Indonesia’s background, operations, and corporate identity.
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