Jakarta. Pertamina Lubricants, a subsidiary of Indonesia's state-owned energy company, has opened its first representative office in Sydney as part of efforts to strengthen its presence in the Asia-Pacific region.
"[With the expansion to Sydney] we will be closer to potential customers, and we will also keep adapting to changing business and market developments in Australia," Pertamina Lubricants president director Afandi said in a statement on Friday (02/03).
The company started exporting lubricants to Australia in 2009, and to countries on the Indochinese Peninsula in 2010. In 2012, it also started exports to Europe and Africa.
Afandi said Australia is a potential market for lubricants, which makes the company determined to continue boosting its exports. It currently sells 60 percent of its output on the domestic market, while exporting the rest.
Pertamina Lubricants currently has 16 product distributors in 17 countries, including Belgium, Spain, Singapore, Malaysia, China, Taiwan, Bangladesh and Iran.
The company's flagship products are Fastron, Enduro, Mesran and Prima XP.
The inauguration was attended by Kristiarto Legowo, Indonesia's ambassador to Australia, R. Heru Hartanto Subolo, the country's consul general for New South Wales, Queensland and South Australia, and members of Pertamina Lubricants' board of directors.
Pertamina Lubricants, established in 2013, has a subsidiary in Thailand to capture the market in Southeast Asia's second-biggest economy.
It also has production facilities in Jakarta, Cilacap in Central Java, and Gresik in East Java.
Pertamina Lubricants booked Rp 1.97 trillion ($138 million) in net profit in 2016.