PT Kilang Pertamina Balikpapan

What PT Kilang Pertamina Balikpapan does

PT Kilang Pertamina Balikpapan (PT KPB) is the project management and operating company for Indonesia's Balikpapan and Lawe-Lawe Refinery Development Master Plan (RDMP), a National Strategic Project (PSN) under state-owned PT Pertamina (Persero) via 99.997%-owned parent PT Kilang Pertamina Internasional (KPI). Founded on May 7, 2019 and headquartered in Jakarta with site operations in Balikpapan, East Kalimantan, the company is expanding Refinery Unit V capacity from 260,000 to 360,000 barrels per day and upgrading product quality from EURO II to EURO V specifications across an 80.64-hectare footprint.

Its core technology stack centers on the largest Residual Fluid Catalytic Cracking (RFCC) unit in Indonesia at 90,000 bpd, supported by Diesel Hydrotreating (DHT), Naphtha Hydrotreating (NHT), RFCC NHT, Sulphur Recovery (SRU, 99% purity), Hydrocracking Complex, Isomerization with Deisohexanizer, and emission control (De-NOx, scrubbers, Spray Tower) meeting IFC World Bank 2016 standards. Equipment is sourced from KHPT, GS-Entec, LARSEN & TOUBRO, Cummins, and Sarens. Proprietary innovations include the Geo-Stone Column ground-improvement technology, which saved Rp53 billion in construction.

Commercially, PT KPB operates under a Tolling Fee and Operational and Maintenance (O&M) arrangement with parent KPI, processing crude and delivering EURO V gasoline (RON 92), diesel, LPG, and propylene that flow through Pertamina's national distribution network to Indonesian consumers. Revenue is therefore structurally limited to a single counterparty, the company is currently in transition from construction to operational phase, and growth is anchored in the 38% capacity step-up and quality upgrade rather than market expansion.

Name

PT Kilang Pertamina Balikpapan

Legal name

PT Kilang Pertamina Balikpapan

Website

https://kpb.pertamina.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PT Kilang Pertamina Balikpapan is a state-owned refinery project company managing Indonesia's Balikpapan and Lawe-Lawe RDMP, expanding capacity from 260,000 to 360,000 barrels per day and upgrading to EURO V fuels for its sole tolling customer, PT Kilang Pertamina Internasional.

Ownership category

akta.pro rank

Product category

Oil Refining Services

NAICS

Petroleum Refineries (324110), Petroleum Refineries (32411), Petroleum Bulk Stations and Terminals (424710), Petrochemical Manufacturing (32511)

SIC

Petroleum Refining (2911), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives) (EUALAGAJ)

akta.pro secondary industries

Refinery Offsites, Storage & Loading (Tankage, Truck/Rail/Marine Loading) (EUALAGAK), Crude Oil Tank Farms & Terminals (TLAGAKAA), Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH), Gas Processing & NGL Recovery (Dehydration, Sweetening, Cryogenic Recovery) (EUALAGAG)

Keywords

• Oil refinery operations
• Refinery development projects
• Petroleum product processing
• Fuel refining capacity
• Refinery maintenance services

Headquarters

HQ city

Jakarta Selatan

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Refined Petroleum Products Sales: PT KPB operates Refinery Unit V Balikpapan to process crude oil into refined petroleum products including gasoline, diesel, LPG, and propylene. Products meet EURO V environmental standards. Revenue is generated through domestic fuel sales supporting Indonesian energy independence.
2. Refinery Processing Services: Operates under Tolling Fee and Operational and Maintenance (O&M) scheme with PT Kilang Pertamina Internasional for processing crude oil at the Balikpapan refinery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

PT Kilang Pertamina Balikpapan operates the Balikpapan refinery in East Kalimantan, Indonesia, conducting crude oil refining into refined petroleum products and managing the Balikpapan & Lawe-Lawe Refinery Development Master Plan (RDMP) project. The company processes crude oil and produces refined fuels while also providing refinery processing services including tolling and operations & maintenance (O&M) to other parties.

Product overview

PT Kilang Pertamina Balikpapan operates as a single integrated refinery management company overseeing the Balikpapan & Lawe-Lawe Refinery Development Master Plan (RDMP) project. The company manages a comprehensive portfolio of refinery processing units including the RFCC (Residual Fluid Catalytic Cracking) Unit as the core conversion technology, supported by hydrotreating units (DHT, NHT, RFCC NHT) for sulfur removal, Sulphur Recovery Unit (SRU) for environmental compliance, Hydrocracking Complex (HCC), and Isomerization unit with Deisohexanizer for octane improvement. Additional processing equipment includes the Reactor C-083/054-06, Main Fractionator, Spray Tower, and utility systems (EDG, GTG, STG). The company also operates the GEP SMART digital procurement platform for supplier engagement. All units collectively enable production of cleaner fuels meeting EURO V specifications while increasing refinery capacity from 260,000 to 360,000 barrels per day.

Differentiator

Problem solved

Functional benefit

Products and services

• Refined Petroleum Products Sales
• Refinery Processing Services (Tolling and O&M)
• Balikpapan & Lawe-Lawe Refinery Development Master Plan (RDMP) Project

Quantifiable outcome

• Refinery capacity increased from 260,000 to 360,000 barrels per day (38% increase)
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature11 records

Partnerships

Five partnerships are on record, tiered key equipment supplier.

• KHPT (Korea Heavy Industries Power Technology)key equipment supplierTechnology or Integration · 31 March 2023South Korean manufacturer specializing in power plant construction, chemical equipment fabrication, and storage tank fabrication. Produced Spray Tower equipment weighing 377.2 tons and 69.8 meters height for RFCC emission control system.
• Cumminskey equipment supplierTechnology or Integration · 27 November 2022Provided Emergency Diesel Generator system consisting of 3 diesel generators with 2 MW capacity each (A-331-05A/B/C, 3x2 MW) for power backup and Black Start-up operations.
• GS-Entec Koreakey equipment supplierTechnology or Integration · 16 June 2022Korean manufacturer that produced Deisohexanizer equipment (C-082-17 series) for the Isomerization unit, designed to separate low octane components for gasoline blending.
• LARSEN & TOUBRO CO (India)key equipment supplierTechnology or Integration · 1 January 2022Indian manufacturer that produced the C-083/054-06 Reactor for diesel hydrotreating, designed to produce Euro V equivalent diesel by removing sulfur, nitrogen, and oxygen impurities.
• Sarenskey equipment supplierTechnology or Integration · 1 January 2022Provided Giant Crane SGC-90 with 2,800 tons capacity for installation of major refinery equipment including Main Fractionator and RFCC units. One of the world's largest Electric Ring Cranes.

Scale indicators7 records

Recent moves9 records

Expansion highlights4 records

Regional players

• PTT Public Company Limited: Thailand's state-owned integrated energy company with refining and petrochemical operations in Southeast Asia. Comparable as a regional state-aligned refiner pursuing similar fuel-quality upgrades and petrochemical integration, though serving Thailand rather than Indonesia.
• PETRONAS (Petroliam Nasional Berhad): Malaysia's state-owned national oil company with refining and petrochemical assets in Southeast Asia. Comparable as a regional state-aligned integrated energy major with refining capacity and a focus on cleaner fuels, though operating primarily in Malaysia.

Others

• GS Caltex Corporation: Korean refiner with major RFCC and hydrocracking capacity. Comparable as a process-technology peer whose vendors (GS-Entec) supply KPB equipment, sharing similar refining configurations and fuel-quality upgrade trajectories.

Direct peers

• Pertamina Patra Niaga: Pertamina's downstream fuel-distribution and retail subsidiary, the principal offtake channel for KPB's refined products. Comparable as the immediate downstream interface handling KPB's gasoline, diesel, and LPG output into the Indonesian market.
• PT Kilang Pertamina Internasional: Direct parent of KPB and Pertamina Group's refinery-holding subsidiary, operating other Indonesian refineries under similar tolling and O&M frameworks. Highly comparable as it consolidates KPB with peer Pertamina refineries.

Broad incumbents

• Saudi Aramco: Global refining and chemicals major with integrated RFCC and hydrocracking assets producing EURO-grade fuels and propylene. Comparable as a large-scale refiner with similar process-unit configuration and downstream petrochemical orientation.
• Reliance Industries Limited (Jamnagar Refinery): Operates the world's largest refining complex at Jamnagar with integrated petrochemical outputs (propylene, LPG, gasoline). Comparable as a large-scale, complex refinery with RFCC and downstream petrochemical integration, though operating on merchant rather than tolling economics.
• Indian Oil Corporation Limited: India's largest state-owned refiner with multiple domestic refineries producing EURO-grade fuels. Comparable as a state-aligned refiner executing capacity expansion and fuel-quality upgrades at scale, though serving a different geography.
• PT Pertamina (Persero): Parent company of KPB and Indonesia's state-owned national oil company; operates multiple refineries and the integrated downstream value chain. Comparable as the broader incumbent in which KPB sits, sharing the same regulatory and pricing environment.

Emerging players

• PT Chandra Asri Petrochemical: Indonesia's largest integrated petrochemical producer with naphtha cracker and refinery-linked operations. Comparable as a domestic peer producing petrochemical intermediates (olefins, propylene derivatives) that overlap with KPB's propylene output.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pt-kilang-pertamina-balikpapan

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT Kilang Pertamina Balikpapan