United Tractors

PT United Tractors Tbk
Company type	Public (Tbk)
Industry	Heavy equipment, mining, construction, energy
Predecessor	PT Inter-Astra Motor Works
Founded	October 13, 1972; 54 years ago in Indonesia
Fate	Subsidiary of PT Astra International Tbk
Headquarters	Jakarta, Indonesia
Area served	Indonesia
Products	Construction machinery, mining contracting, coal mining, gold mining, construction industry services, energy solutions
Owner	PT Astra International Tbk (parent company)
Parent	PT Astra International Tbk
Website	www.unitedtractors.com

PT United Tractors Tbk—commonly referred to as UT or UT Company—is an Indonesian enterprise operating as a subsidiary of PT Astra International Tbk ("Astra"). Its operations span six principal sectors: Construction Machinery, Mining Contracting, Coal Mining, Gold Mining, Construction Industry, and Energy. United Tractors supports a widespread infrastructure consisting of 20 branch offices, 32 site support units, 6 representative offices, and 54 support locations, complemented by multiple service facilities.

1972

Originally established under the name PT Inter-Astra Motor Works with a focus on distributing heavy machinery, the company was rebranded as PT United Tractors on October 13, 1972.

1973

The company secured exclusive rights to distribute Komatsu and Tadano products within Indonesia.

1974

United Tractors became the exclusive distributor for Bomag vibratory rollers and initiated sales of Komatsu forklifts.

1983

The establishment of PT United Tractors Pandu Engineering ("UTPE") marked the company’s entry into manufacturing components for heavy equipment.

1984

The firm gained exclusive distribution rights for UD Trucks (previously known as Nissan Diesel).

1989

Diversified into mining contracting by founding PT Pamapersada Nusantara ("PAMA").
Went public by listing shares on the Jakarta and Surabaya Stock Exchanges on September 19, 1989.

1992

PT United Tractors Semen Gresik ("UTSG") was created as a joint venture with PT Semen Indonesia (Persero) to oversee quarry and limestone mining operations.

1995

To enhance heavy equipment import distribution in Indonesia, UT Heavy Industry (S) Pte, Ltd. was established in Singapore.

1997

PT Komatsu Remanufacturing Asia ("KRA") was launched in Balikpapan to specialize in the remanufacturing of Komatsu engines and components.

2004

United Tractors became the sole official distributor for Scania products.

2007

PAMA expanded its mining assets by acquiring PT Prima Multi Mineral ("PMM"), which holds mining concessions in Rantau, South Kalimantan.

2008

Acquired PT Tuah Turangga Agung ("Turangga Resources") located in Kapuas, Central Kalimantan.
Founded PT Multi Prima Universal ("MPU") to provide machinery rental services and sales of used equipment.
Through UTPE, established PT Patria Maritime Lines ("PML") to offer coal river transportation services.

2010

Created PT Andalan Multi Kencana ("AMK") to focus on distributing commodity parts.
Via Turangga Resources, acquired PT Agung Bara Prima ("ABP"), which holds mining concessions in Kapuas.

2011

Set up PT Universal Tekno Reksajaya ("UTR") specializing in engine and component reconditioning.
PAMA and Turangga Resources broadened their mining portfolio by acquiring PT Bukit Enim Energi ("BEE"), PT Asmin Bara Bronang ("ABB"), PT Agung Bara Jaan ("ABJ"), PT Duta Sejahtera ("DS"), and PT Duta Nurcahya ("DN").
UTPE established PT Patria Maritime Industry ("PAMI") to deliver ship repair and maintenance services.

2012

Turangga Resources acquired PT Borneo Berkat Makmur ("BBM"), which controls a 60% stake in PT Piranti Jaya Utama ("PJU"), a mining company based in Kapuas.
UTPE purchased PT Patria Maritime Perkasa ("PMP") to expand into ship repair and manufacturing activities located in Batam, Riau Islands.

2013

PAMA boosted its shareholding in ABB and ABJ by 15%, thereby gaining control of 75.4% in both firms.

2014

The mining operations were reorganized by merging subsidiaries under Turangga Resources, which is owned 40% by the Company and 60% by PAMA.

2015

Initiated the Construction Industry segment through acquiring a 50.1% stake in PT Acset Indonusa Tbk ("ACSET").
PAMA secured an 80% interest in PT Sumbawa Juta Raya ("SJR"), a gold exploration firm located in West Nusa Tenggara.
Formed PT Unitra Persada Energia ("UPE") to concentrate on power generation activities.

2016

Turangga Resources entered into an agreement to purchase an 80.1% stake in PT Suprabari Mapanindo Mineral ("SMM"), holding metallurgical coal mining rights in Central Kalimantan.

2017

Launched the fifth business division, Energy, via subsidiary PT Bhumi Jati Power ("BJP") functioning as an Independent Power Producer (IPP).
Through Turangga Resources, acquired an 80.1% interest in SMM, a metallurgical coal concession in Central Kalimantan.
Obtained project financing for BJP to develop and operate a 2x1,000 MW coal-fired power plant situated in Jepara, Central Java.

2018

Through subsidiary PT Danusa Tambang Nusantara ("DTN"), acquired a 95% stake in PT Agincourt Resources ("PTAR"), specializing in gold exploration, mining, and processing activities in North Sumatra.

2019

Introduced the sixth business segment, Gold Mining, managed by PTAR.

2020

In August, ACSET issued 5.7 billion new shares via Limited Public Offering II (PUT II), resulting in United Tractors' ownership through PT Karya Supra Perkasa ("KSP") increasing to 64.8%.

2021

Divested its 51% holding in PT Supra Alphaplus Handal ("SAH") through KSP in July.
Increased United Tractors' ownership in ACSET to 82.17% by issuing 6.25 billion new shares in August through Capital Increase without Preemptive Rights (HMETD).
Conducted internal restructuring in December by transferring all renewable energy subsidiaries previously under PT Bina Pertiwi ("BP") to PT Energia Prima Nusantara ("EPN").

2022

Broadened its renewable energy assets by acquiring a 31.49% stake in PT Arkora Hydro Tbk ("Arkora") and expanded into the nickel industry.
Via DTN, entered into agreements to acquire a combined 90% ownership of PT Stargate Pasific Resources (SPR) and PT Stargate Mineral Asia (SMA).

Business Lines

United Tractors manages six distinct business divisions:

Construction Machinery

This primary segment centers on distributing heavy and transportation equipment that supports industries such as mining, plantations, construction, forestry, and transportation.

Since its inception in 1973, United Tractors has been the exclusive distributor of Komatsu products within Indonesia. To address increasing customer demands, it diversified its offerings to include Tadano cranes, Bomag vibratory rollers, UD Trucks, as well as Scania trucks and buses—which are now part of Jakarta's public transportation fleet.

Additionally, the company provides engineering services and related products through its subsidiaries: PT United Tractors Pandu Engineering (UTPE) manufactures components for heavy equipment; PT Komatsu Remanufacturing Asia (KRA) and PT Universal Tekno Reksajaya (UTR) specialize in engine refurbishment; while PT Bina Pertiwi (BP) markets and leases Kubota agricultural tractors, generators, Komatsu mini excavators and forklifts, along with various commodity parts.

Mining Contracting

United Tractors conducts its Mining Contracting operations via PT Pamapersada Nusantara (PAMA), a dedicated contractor delivering end-to-end mining solutions for mine operators.

PAMA's scope encompasses all phases of production and expansion, ranging from mine planning and exploration to extraction, hauling, barging, and the movement of commodities. Its principal offerings include:

Mine design and execution
Feasibility analysis
Development of infrastructure and facilities
Overburden removal and waste handling
Extraction and transportation of mined materials
Expansion of mines and facilities
Land reclamation and reforestation
Logistics and marketing

The activities of PAMA are bolstered by its subsidiaries PT Kalimantan Prima Persada (KPP) and PT PamaIndo Mining (PIM).

Coal Mining

Coal mining operations are overseen by United Tractors through its subsidiary PT TuahTurangga Agung (Turangga Resources), which manages concessions for mid- to high-grade thermal and coking coal.

Turangga Resources is enhancing output at mines including PT Asmin Bara Bronang (ABB), PT Telen Orbit Prima (TOP), and PT SuprabariMapanindo Mineral.

Gold Mining

United Tractors controls 95% of PT Agincourt Resources (PTAR), which operates the Martabe gold mine located in South Tapanuli, North Sumatra, spanning an area of 479 hectares. Construction commenced in 2008, with production initiating in 2012.

Construction Industry

The construction division operates under PT Acset Indonusa Tbk (ACSET), established in 1995 as a multi-disciplinary contractor specializing in building, civil engineering, and maritime projects.

ACSET combines specialized and general contracting services to maximize cost efficiency, having completed prominent developments such as Pacific Place, Thamrin Nine, Gandaria City, Kota Kasablanka, West Vista Jakarta, Alila Seminyak, and the Jakarta-Cikampek II Elevated Toll Road.

Energy

In line with its strategic pivot toward sustainable energy solutions, United Tractors has prioritized New and Renewable Energy (NRE) within its energy transition framework.

Its subsidiary PT Energia Prima Nusantara (EPN) focuses on Solar Photovoltaic (Solar PV) technology, having installed a total capacity of 1.2 MWp across United Tractors and Astra group entities. The goal for 2022 included installing an additional 10 MWp, with plans for continued expansion.

The company is also advancing Hydro Power Plant initiatives in Sumatra and Sulawesi through collaborations with established partners, aiming for projects exceeding 10 MW capacity each. It currently operates two Mini-hydro Power Plants: PLTMH Kalipelus (0.5 MW) in Central Java and PLTM Besai Kemu (7 MW) in Lampung—the latter anticipated to be operational by the end of 2022. Further Mini-hydro projects totaling over 18 MW are under development in Sumatra.

Beyond these ventures, United Tractors is investigating Floating Solar PV systems, Wind Power Generation (PLTB), Hybrid Solar PV combined with Battery Storage solutions, as well as Waste to Energy technologies through research efforts and memoranda of understanding.

Furthermore, the company holds a 25% ownership interest in the Tanjung Jati B Power Plant units 5 and 6 located in Jepara Regency, Central Java.

Products


Brand	Product Types
Komatsu	Backhoe Loader Bulldozer Forwarder Hydraulic Excavator Motor Grader Off-Highway Dump Truck Wheel Dozer Wheel Loader
UD Trucks	Quester Cargo Quester Dump Quester Mixer Quester Tractor Head
Scania	Mining Tipper & Heavy Hauler Trucks Mining Support Vehicles Fuel Transport Trucks General Cargo Trucks Heavy Haulage Transport Trucks Specialized Vehicles Coach Buses City Buses
BOMAG	Asphalt Paver Cold Milling Machine Combination Rollers Light Machinery Pneumatic Tired Rollers Refuse Compactors Single Drum Rollers Soil Compactors Stabilizers and Recyclers Tandem Vibratory Rollers
Tadano	All-Terrain Crane Lattice Boom Crawler Crane Rough Terrain Crane Telescopic Boom Cargo Crane Telescopic Boom Crawler Crane Truck-Mounted Crane