Pupuk Indonesia PT (Persero) is the largest fertilizer manufacturer in Southeast Asia with total assets of IDR. 34.42 trillion and total production capacity of 12.71 million tonnes per year. Incorporated in 1959, PT Pupuk Indonesia (Persero), formerly known as PT Pupuk Sriwidjaja (Persero) or Pusri (Persero), is a State-Owned Enterprise (SOEs) being the first fertilizer manufacturer in Indonesia which supports national development policy. The history of PT Indonesia (Persero) over five decades is divided into two primary phases as illustrated below. During the first phase after its incorporation, PT Pupuk Sriwidjaja, the former name of the company, was a stand-alone business unit operating 1959 to 1997. The second phase was marked by the issuance of Government Regulation (PP) Number 28 of August 7, 1997, creating PT Pupuk Sriwidjaja (Persero) as the holding company (Holding Company) in Indonesia which controls the following subsidiaries: PT Pupuk Sriwidjaja, Palembang, PT Petrokimia Gresik (PKG), PT Pupuk Kujang (PKC), PT Pupuk Kaltim (PKT), PT Pupuk Iskandar Muda (PIM), PT Industrial Engineering (REKIND) and PT Mega Eltra (ME)