Spending power
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Spending power
Key facts
Counted staff
55
self-reported 51–200 band
Founded
2023
3 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
None on record
Company type
Public Company
self-reported
Description
The AGPA Refinery Complex (ARC) is a significant palm oil refining project currently under development in Balikpapan, East Kalimantan, Indonesia. This initiative is a collaboration between POSCO International and GS Caltex, two prominent South Korean companies.
Key Details:
- Investment and Ownership: In October 2023, POSCO International and GS Caltex committed to a joint investment of $210 million to establish ARC. POSCO International holds a 60% stake in the venture, while GS Caltex owns the remaining 40%.
- Project Scope: The refinery is designed to process 500,000 tons of crude palm oil annually, producing refined oil for both domestic consumption in Indonesia and export to countries such as South Korea and China.
- Construction Timeline: Construction commenced in the first quarter of 2024 on a 300,000-square-meter site within the Balikpapan industrial complex. The facility is expected to be operational by the second quarter of 2025.
- Sustainability Initiatives: Beyond palm oil refining, POSCO International and GS Caltex are exploring the production of sustainable aviation fuel and marine fuel using waste oil generated from the refinery, aligning with global trends toward eco-friendly energy sources.
- Local Impact: The project is anticipated to bolster the local economy by enhancing palm oil processing capabilities and creating job opportunities in the region.
This collaboration underscores the strategic importance of Indonesia's palm oil industry and reflects a commitment to sustainable development and energy production in the region.
Specialties
All 5 specialties
- Palm Oil
- Refinery
- Fractination
- Bio Fuel
- Sustainability
Related specialties
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | ID |
All codes: ID
Addresses
- IDPacific Century Place Building, Lantai 22 Jl Jendral Sudirman Kav. 52-53, SCBD Lot 10, Kel. Senayan, Kec. Kebayoran Baru, Kota Adm. Jakarta Selatan, Prov. DKI Jakarta; Jakarta Selatan, Indonesia 12190Primary
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
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FAQ
How many people work at PT AGPA Refinery Complex (ARC)?
The record holds 55 counted staff profiles at January 2026, inside the self-reported 51–200 band.
Where does PT AGPA Refinery Complex (ARC) have offices?
1 address on record.
Has PT AGPA Refinery Complex (ARC) raised funding?
None linked to this brand.
What does PT AGPA Refinery Complex (ARC) list as its specialties?
Five tags on the brand's own list, among them sustainability and palm oil.
Which companies are listed alongside PT AGPA Refinery Complex (ARC)?
10 profiles list PT AGPA Refinery Complex (ARC) as a peer — 91st percentile in Manufacturing. It lists ten peers of its own. Batavia Indo Global lists it back.