PT Budi Starch & Sweetener Tbk (BUDI.JK)
Stock analysis · JKT · Consumer Defensive · Packaged Foods
PT Budi Starch & Sweetener Tbk (BUDI.JK) is a publicly traded company in the Consumer Defensive sector. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About PT Budi Starch & Sweetener Tbk
PT Budi Starch & Sweetener Tbk, along with its affiliated entities, operates in Indonesia and globally, focusing on the manufacturing and sale of products derived from cassava. The company's diverse portfolio includes tapioca and modified tapioca starch, which are utilized across various industries such as food, paper, confectionery, chemicals, and instant noodles. It also supplies a range of sweeteners like glucose, fructose, sorbitol, and maltodextrin. Furthermore, the firm produces polypropylene woven bags for packaging purposes and provides sulfuric acid, a crucial chemical component for fertilizer production, rayon manufacturing, dyes, medicines, detergents, inorganic salts, oil refineries, and metallurgical processes. Additional offerings encompass citric acid, other chemical compounds, and organic fertilizers. Established in 1979, the company is headquartered in Jakarta Selatan, Indonesia. It was formerly known as PT Budi Acid Jaya Tbk, adopting its current name, PT Budi Starch & Sweetener Tbk, in July 2013.
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