Asia Pacific Fibers, which was formerly known as Polysindo Eka Perkasa started its activities in 1984 as a manufacturer and marketer of polyester chips, fibres and filament yarns by setting up a filament yarn manufacturing plant at Semarang in Central Java, Indonesia. In the following years, continuous improvements were made in the company's infrastructure to increase productivity and with the improved product portfolio the demand for the company's products in the domestic and export markets continued to grow steadily.
In the 90's, the company initiated upstream plant expansions by setting up of a PTA manufacturing plant and a polyester fibre manufacturing plant at Karawang in West Java, Indonesia. By 1997, the company was firmly established as Indonesia's leading polyester manufacturer.
Since then, the company has added capacities, applied technologies, innovated processes and products, and has serviced markets across the globe. Today Asia Pacific Fibers' polyester manufacturing facilities stands at a capacity of 330,000 MT per year, thereby making it the largest polyester producer in Indonesia.
However, the journey continues. On the 2nd December 2009, in an attempt to improve all aspects of the company's performance a step further was taken to change the company's name from PT Polysindo Eka Perkasa Tbk to PT Asia Pacific Fibers Tbk. The new name is mainly designed to reflect the increasing market reach of the company throughout the world and is consistent with the improved prospects in terms of a strong recovery of market share and corporate performance in recent years.
Asia Pacific Fibers will continue to strive for excellence in all its pursuits and is looking confidently into the future, ready to face the challenges lying ahead. The basis of Asia Pacific Fibers' strategy for the future will continue to be vertical integration, capacity enhancement and product innovations to fulfill diverse market needs.