by CORCOM | Sep 22, 2023 | Uncategorized
On 21 September 2023, PT United Tractors Tbk (“the Company”), through its wholly owned subsidiary PT Danusa Tambang Nusantara (“DTN”), has completed its transaction with Nickel Industries Limited (“NIC”) to subscribe for 857 million new ordinary shares issued by NIC. The total value of the transaction is AUD$942.7 million.
NIC is a leading integrated nickel mining and processing company with its key assets located either within or in close proximity to the Indonesia Morowali Industrial Park (“IMIP”), Sulawesi and the Indonesia Weda Bay Industrial Park (“IWIP”), Halmahera. It has an 80% stake in PT Hengjaya Mineralindo (nickel mine) which is one of the largest suppliers of limonite and high-grade saprolite ore to the IMIP. NIC owns and operates majority stakes in twelve Rotary Kiln Electric Furnace (“RKEF”) lines.
Quoted from Half Year 2023 Reports disclosed by NIC, as of first semester of 2023, NIC had produced 59,957 tons of nickel metal which consisted of 49,792 tons of Nickel Pig Iron (NPI) and 10,165 tons of nickel matte from its smelter facility and had mined 5.2 million wet metric tons (wmt) of nickel ore which consisted of 1.4 million wmt of saprolite ore and 3.8 million wmt of limonite ore from Hengjaya nickel mine.
The Company’s strategic action in acquiring a 19.99% stake in NIC serves as one of important steps for the Company in its business diversification and expansion in mineral industry.
For further information, please contact the following:
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Corporate Secretary: Sara K. Loebis
Email: ir@unitedtractors.com
Address : Jl. Raya Bekasi Km.22 Cakung, Jakarta Timur 13910
Telp. : (62-21) 3511961, Fax : (62-21) 3441413
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by CORCOM | Sep 18, 2023 | Uncategorized
The presentation was given to UT as the Top Issuer with the Largest Market Capitalization (BigCap PLCs) at the IICD CG Award 2023 event at the Financial Hall, Graha CIMB Niaga, South Jakarta.
Jakarta, September 18th,2023 – PT United Tractors Tbk (UT), with the stock code UNTR, entered the list of Top Issuers with the Largest Market Capitalization (BigCap PLCs) at the 14th IICD Corporate Governance Conference (IICD CG) and Award 2023. This event was held by the Indonesian Institute of Corporate Directorship (IICD) located at the Financial Hall, Graha CIMB Niaga, South Jakarta, to appreciate issuers who have fundamental performance and sustainable business achievements. Apart from that, analysts and capital market experts assess that UT can make a positive contribution through implementing the principles of Good Governance.
The IICD Corporate Governance Conference and Award is an annual event to give appreciation to public companies with the best Good Corporate Governance (GCG) practices for issuers with the Largest Market Capitalization (BigCap) and issuers with Medium Market Capitalization (MidCap).
“UT would like to express its gratitude for the appreciation given to our company. This achievement further motivates us at UT to improve good governance at all stages of operational activities, to provide benefits to stakeholders and shareholders,” said UT Investor Relations Head Ari Setiyawan.
With the theme “Improving Quality Reporting to Encourage Stakeholders Engagement,” the assessment method used in the awarding is based on the ASEAN CG Scorecard. The assessment was carried out on 200 issuers listed on the Indonesia Stock Exchange (BEI) in detail, 100 issuers with the largest capitalization and 100 issuers with medium market capitalization, and supported by six assessors who are competent and experienced in the ASEAN CG Scorecard.
UT will continue to be committed to supporting the country’s growth by implementing good governance principles and sustainable business practices by improving internal systems, controls, and procedures to make effective decisions and compliance, identify long-term risks, potential impacts, and company mitigation efforts, and meet the needs of all stakeholders.
One of the highlights of this event was the presence of Prof. Dr. H. Boediono, B. Sc, M.Ec, – Vice President of the Republic of Indonesia for the 2009-2014 period. He conveyed the importance of implementing good governance principles so companies can transform and shared his experiences regarding corporate governance in Indonesia.
In addition, this event was also attended by key figures in Indonesia’s corporate and regulatory landscape, including Sigit Pramono – Chair of IICD, Mahendra Siregar – President Chair of the Board of Commissioners of the Financial Services Authority (OJK), who also presented a lecture on regulatory perspectives on governance. Corporate governance underscores the central role of regulatory bodies in shaping the corporate landscape.
Sigit Pramono, in his speech, said that apart from giving appreciation, this event was also an effort to motivate companies to realize long-term efforts in carrying out good governance transformation in Indonesia.
“For 20 years in the field of governance, we have assessed and concluded that we need a transformation process to improve governance in Indonesia. When compared with other ASEAN countries, we are still lagging behind Thailand, Malaysia, Singapore, and the Philippines. “It is the duty of all of us to continue to strive to improve good governance in corporations and the private sector,” said Sigit Pramono.
Through this appreciation, UT will continue to improve governance implementation in its business operation through better decision-making process, increase operational efficiency, optimize services, as well as strengthen corporate values and stakeholder trust.
United Tractors’ Overview
PT United Tractors Tbk (UT), known as Indonesia’s largest heavy equipment distributor, has been established since 1972. UT has grown and has five business pillars: Construction Machinery, Mining Contracting, Mining, Construction Industry, and Energy , as well as its contributions to achieving Sustainable Development targets (SDGs). UT consistently carries out activities to uphold sustainability.
ESG United Tractors
As a world-class heavy equipment, mining, and energy company with more than 50 years of experience in Indonesia, UT is committed to presenting a sustainable future for Indonesia through the effective application of ESG principles by paying attention to the environment, having a good impact on society, and upholding good corporate governance. good corporate governance at all levels of its business operations and optimizing its competencies, expertise, and strategic assets to bring added value to all stakeholders and the Indonesian people.
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For more information, please contact:
Sara K. Loebis
Head of Corporate Governance and Sustainability Division
PT United Tractors Tbk
Email : ir@unitedtractors.com
Address : Jl. Raya Bekasi Km.22 Cakung, Jakarta Timur 13910
Telp. : (62-21) 3511961, Fax : (62-21) 3441413
Medsos : IG (@unitedtractorsofficial & @ceritadi.ut)
Website: www.unitedtractors.com
LinkedIn: PT United Tractors Tbk
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by CORCOM | Sep 13, 2023 | Uncategorized
Jayapura, September 13th,2023 – To increase the competency of Human Resources (HR) in Papua, PT United Tractors Tbk (UT), PT Pamapersada Nusantara (PAMA), and UT School (UTS), collaborated with the Ministry of Social Affairs of the Republic Indonesia (Indonesian Ministry of Social Affairs) held training for heavy equipment operators and mechanics in Jayapura. This activity aims to improve local communities’ skills and employment opportunities and support infrastructure development in the region.
This training was attended by 38 Papuans, 18 of whom were in the mechanic class and 20 in the heavy equipment operator class. In its implementation, this activity occurred from August 8th to September 13th, 2023, at the Jayapura City Social Service Hall. This training is also a form of the Company’s commitment to consistently implement Environmental, Social, and Government (ESG) aspects.
After completing this training, it closed with several events attended by Dr. Ir. Hj. Tri Rismaharini, M.T. (Minister of Social Affairs of the Republic of Indonesia) at UT Jayapura Branch. This closing event began with an appearance by UT School Jayapura students, continued with a speech by Catur Padutama (Head of UT Jayapura Branch), presentation of training activity reports, directions from the Minister of Social Affairs, and closed with a demonstration of unit operation and maintenance by training participants.
Through this collaboration, it is hoped that it will be a good step in joint efforts to improve the quality of life of the Papuan people and support infrastructure development in the region.
United Tractors’ Overview
PT United Tractors Tbk (UT), known as Indonesia’s largest heavy equipment distributor, has been established since 1972. UT has grown and has five business pillars: Construction Machinery, Mining Contracting, Mining, Construction Industry, and Energy well as its contributions to achieving Sustainable Development targets (SDGs). UT consistently carries out activities to uphold sustainability.
ESG United Tractors
As a world-class heavy equipment, mining and energy company with more than 50 years of experience in Indonesia, UT is committed to presenting a sustainable future for Indonesia through the effective application of ESG principles by paying attention to the environment, having a good impact on society, and upholding good corporate governance. good corporate governance at all levels of its business operations, as well as optimizing its competencies, expertise, and strategic assets to bring added value to all stakeholders and the Indonesian people.
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For more information, please contact:
Sara K. Loebis
Head of Corporate Governance and Sustainability Division
PT United Tractors Tbk
Email : ir@unitedtractors.com
Address : Jl. Raya Bekasi Km.22 Cakung, Jakarta Timur 13910
Telp. : (62-21) 3511961, Fax : (62-21) 3441413
Medsos : IG (@unitedtractorsofficial & @ceritadi.ut)
Website: www.unitedtractors.com
LinkedIn: PT United Tractors Tbk
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by CORCOM | Sep 13, 2023 | Uncategorized, Uncategorized, Uncategorized, Uncategorized
Introduction of the New 20 Ton Class Electric Excavator product in Mining Indonesia 2023 by Edhie Sarwono (Director of PT United Tractors Tbk), Loudy Irwanto Ellias (Director of PT United Tractors Tbk), Idot Supriadi (Director of PT United Tractors Tbk), Frans Kesuma (President Director of PT United Tractors Tbk), Kouji Yanagi (President Director of PT Komatsu Marketing and Support Indonesia), Widjaja Kartika (Director of PT United Tractors Tbk) (from left to right).
Jakarta, September 13, 2023 – As a manifestation of its commitment to achieving a carbon-free Indonesia, PT United Tractors Tbk (UT) introduced the New 20 Ton Class Electric Excavator product at the Mining Indonesia 2023 exhibition, located at the Jakarta International Expo (JIExpo) in Kemayoran, Central Jakarta. This concrete step is UT’s effort to support the Indonesian Government’s target of achieving Net Zero Emissions by 2060.
UT is a company and distributor of heavy machinery under the Komatsu brand in Indonesia. Komatsu, as a manufacturer, consistently brings sustainable and environmentally-friendly products. In 2005, Komatsu first introduced the Wired Electric Excavator for the 13-20 ton class. Then, in 2020, they launched the Mini Excavator Battery Electric, and in 2022, Komatsu introduced its first hybrid excavator for the 30-ton class, the HB365-1. This year, Komatsu continues to consistently create innovations and new breakthroughs by introducing the New 20 Ton Class Electric Excavator, which will be tested in Indonesia.
The New 20 Ton Class Electric Excavator offers several advantages, including net zero emissions, safety, and operational comfort that can be used across various sectors. Additionally, this product is supported by Komtrax features and technology, which is a telematics technology for wireless-based monitoring of Komatsu heavy machinery accessible from anywhere and anytime through computers or mobile phones.
The electric excavator operates using electric power for excavation and material movement. Furthermore, this product does not use internal combustion engines like conventional excavators that rely on fossil fuels. The electric power source for the electric excavator is stored in batteries that receive electric power from an external source, such as the National Power Company (PLN) or generators through portable charging tools or stationary charging.
The key component of this product is an electric motor that receives power from the battery to drive the hydraulic main pump. Other hydraulic components control various movements such as the boom, arm, bucket, forward and reverse travel, and swinging (similar to conventional excavators). In terms of maintenance, this product is easier and cheaper to maintain compared to diesel engines because it has fewer moving parts and does not require periodic maintenance like engine filter replacements, oil changes, or injector replacements.
Sara K. Loebis, Corporate Secretary of United Tractors, stated that UT will continuously innovate and actively contribute to minimizing negative environmental impacts and gradually achieving a carbon-free Indonesia. Additionally, UT will continue its efforts to develop and utilize technologies that can reduce carbon emissions, including utilizing electric energy in industrial activities.
“As a company engaged in heavy machinery sales for the industry, UT has a special concern for environmental issues as part of the implementation of Environmental, Social, and Governance (ESG) initiatives. Therefore, the presence of the New 20 Ton Class Electric Excavator is a manifestation of the company’s commitment to developing environmentally friendly products,” said Sara K. Loebis.
Doorstop Interview with the media with resource person Etot Listyono (Marketing Division Head PT United Tractors Tbk).
During the same occasion, Etot Listyono, Head of Marketing Division at United Tractors, expressed UT’s ongoing support for environmentally friendly technology products offered by Komatsu. “The New 20 Ton Class Electric Excavator is intended for use in various sectors such as coal and mineral mining, including nickel, gold, tin, and bauxite, as well as construction work. Currently, the New 20 Ton Class Electric Excavator is still undergoing market research in Indonesia,” said Etot Listyono. It is hoped that the presence of this product will contribute to reducing air pollution and promoting a positive impact on the ecosystem for the Indonesian society.
Mining Indonesia 2023 is a regular exhibition organized by PT Pamerindo Indonesia, the largest international-scale mining equipment exhibition in Asia that showcases all the needs of the mining industry, including heavy machinery. In this exhibition, UT will not only showcase heavy machinery and trucks but also present the latest technology from renowned brand products it represents, such as Komatsu, UD Trucks, Scania, Bomag, and Tadano.
United Tractors’ Overview
PT United Tractors Tbk (UT), known as Indonesia’s largest heavy equipment distributor, has been established since 1972. UT has grown and has five business pillars: Construction Machinery, Mining Contracting, Mining, Construction Industry, and Energy , as well as its contributions to achieving Sustainable Development targets (SDGs). UT consistently carries out activities to uphold sustainability.
ESG United Tractors
As a world-class heavy equipment, mining, and energy company with more than 50 years of experience in Indonesia, UT is committed to presenting a sustainable future for Indonesia through the effective application of ESG principles by paying attention to the environment, having a good impact on society, and upholding good corporate governance. good corporate governance at all levels of its business operations and optimizing its competencies, expertise, and strategic assets to bring added value to all stakeholders and the Indonesian people.
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For more information, please contact:
Etot Listyono
Marketing Division Head PT United Tractors Tbk
Email: etotl@unitedtractors.com
Telp. 021 – 2457 9999
Sara K. Loebis
Corporate Secretary PT United Tractors Tbk
Email: sarakl@unitedtractors.com
Telp: 021 – 2457 9999
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by CORCOM | Sep 11, 2023 | Uncategorized
Jakarta, September 11th,2023 – PT United Tractors Tbk (UT) has collaborated with the DKI Jakarta Regional Disaster Management Agency (BPBD) to provide education regarding disaster management to the Company’s ring-1 community. This activity aims to increase community preparedness and reduce the risk of disasters in the capital. In its implementation, UT invited 28 participants from the RW 01 West Cakung Disaster Preparedness Team to visited the Disaster Literacy Room located at the DKI Jakarta Provincial Fire and Rescue Service, West Jakarta.
Through its Corporate Social Responsibility (CSR) program in disasters (United Tractors for Emergency Response and Action), UT is committed to supporting local government efforts in dealing with potential natural disasters and other emergencies. This activity is a continuation program of the Disaster Resilient Village (KATANA), which UT consistently carries out to support continuity and sustainability to form disaster preparedness groups in communities in the Company’s operational areas.
This disaster education program begins with a virtual disaster simulation through the Virtual Reality (VR) Simulator. After that, it was continued with interactive education related to disasters, including first aid procedures, handling floods, fires, and earthquakes, and education on self-rescue and evacuation during a disaster. Then, the activity continued with education regarding fire extinguishing by the DKI Jakarta Fire Team through hands-on sessions or direct practice of extinguishing fires with a Light Fire Extinguisher (APAR).
Through this activity, it is hoped to increase public education and literacy regarding disasters to create a disaster-resilient society that can carry out prevention and management in each area in a sustainable manner.
United Tractors’ Overview
PT United Tractors Tbk (UT), known as Indonesia’s largest heavy equipment distributor, has been established since 1972. UT has grown and has five business pillars: Construction Machinery, Mining Contracting, Mining, Construction Industry, and Energy well as its contributions to achieving Sustainable Development targets (SDGs). UT consistently carries out activities to uphold sustainability.
ESG United Tractors
As a world-class heavy equipment, mining and energy company with more than 50 years of experience in Indonesia, UT is committed to presenting a sustainable future for Indonesia through the effective application of ESG principles by paying attention to the environment, having a good impact on society, and upholding good corporate governance. good corporate governance at all levels of its business operations, as well as optimizing its competencies, expertise, and strategic assets to bring added value to all stakeholders and the Indonesian people.
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For more information, please contact:
Sara K. Loebis
Head of Corporate Governance and Sustainability Division
PT United Tractors Tbk
Email : ir@unitedtractors.com
Address : Jl. Raya Bekasi Km.22 Cakung, Jakarta Timur 13910
Telp. : (62-21) 3511961, Fax : (62-21) 3441413
Medsos : IG (@unitedtractorsofficial & @ceritadi.ut)
Website: www.unitedtractors.com
LinkedIn: PT United Tractors Tbk
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