Our History

March 2006

Establishment of SEP.

October 2006

SEP begins construction of its LPG Refinery

September 2007

Construction completed; SEP begins commercial operations with design capacity of 110 TPD LPG and 227 bpd Condensate.

August 2011

SEP acquires a 59.98% stake in PT Panca Amara Utama

February 2012

SEP successfully lists on the Indonesia Stock Exchange (IDX) with a 25% share offer to the market at Rp. 610 per share

May 2013

Commences LPG plant expansion with execution of Equipment Supply Agreement with Enerflex Ltd., Canada. Expansion construction begins.

September 2013

SEP completes successful non-preemptive Rights Issue of 100 million new shares at Rp. 3,000 per share. Total outstanding shares increases to 1,100,000,000 shares

November 2014

Successfully completes LPG refinery expansion project increasing LPG production capacity by over 50%