In 2008, Indika Energy was listed on the Indonesian Stock Exchange (IDX) in the midst of its drive to consistently develop and expand its business scope both organically and through acquisitions to firmly encompass all aspects of the energy resources, services and infrastructure sectors, which have become its three key business pillars.
Over time, Indika Energy has grown to become a fully integrated energy company with the capacity to sustainably extract increasingly greater value through leveraging synergic linkages in all of the operations. These linkages span from exploration, engineering, construction, production, shipping and transshipment to domestic and international customers to the utilization of the produced coal for electrical power generation.
Energy Resources business pillar focuses on exploration, production and processing of coal. Indika Energy capitalizes on Indonesia’s abundant natural resources through leveraging opportunities inherent in the energy demand expansion for both the country and global developments. Indika Energy do this through consistent strategic utilization of our existing mining assets to optimize production and operational efficiencies at the coal mines being exploited by Kideco Jaya Agung and Santan Batubara. Multi Tambangjaya Utama (MUTU) and Multi Energi Agung (MEA) were added to the portfolio and are presently being developed.
FUJAIRAH NATIONAL GROUP
Fujairah National Group(FNG) is one of the largest and well established company on the East Coast of the UAE. Established in 1982, FNG portfolio consists now of more than 40 companies, operating and delivering high quality products and services in the UAE with over 4,000 employees.
Structured into Eight operational divisions; Construction, Real Estate, Healthcare, Education, Oil Storage, Aviation, Trading, Services and Hotels. FNG maintains a decentralized approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.
Fone Chie Co., Ltd., since its inception in June 1980, that is engaged in scrap metal trading, import and export.
The country's main trade for Taiwan, mainland China and Europe and other countries, and posted the Commissioner responsible for the acquisition, sale and triangular trade and other related businesses in the three locations.
The main Yingyexiangmu include: the sale of scrap mixed scrap metal, copper, aluminum and stainless steel scrap 304/316/430, plastic, etc.
Fone Chie, invested since 1980 in the sale of scrap metal, scrap aluminum, which started after 10 years of operation,began to import scrap metal to China, Vietnam and Thailand and other countries in the diversification strategy and management team experience heritage and creation, now has China's first formal legal mixed scrap metal recycling plants, and covers an area of two thousand Ping recycling treatment plant, exclusive carrying the team, and a wealth of experience in import and export, the company since 1992 in mainland China Qingyuan City, to set up factories in Guangzhou, with an area of about 60 hectares of treatment a recycling plant, the field has Long chain, manufacturing technology, a diversified mining complex type of business practices, in order to provide the needs of manufacturers throughout the world and in this business.