Main Risks related to the Fertilizer Business Sector
1. Main Risks related to the Fertilizer Business Sector
These are main risks that abide by the Pareto principle in influencing the Company’s success as well as the success of other companies in the fertilizer business sector, and in influencing the creation of added value for the Company’s shareholders.
Tentang Laporan Keberlanjutan
Business figure of PT Pupuk Indonesia (Persero)
Figur Usaha Pupuk Indonesia (Persero)
Memupuk Kemakmuran Negeri
About Sustainability Report
Fostering the Prosperity of the Country
Memupuk Tata Kelola Keberlanjutan
Cultivating Sustainable Governance
No. Risiko Perubahan
Mitigasi
Risk Tingkat Risiko
Mitigation
(TR) Awal dengan
Akhir 2016 Change in Risk Level (TR) in the Start and End of
1 Penurunan TR Awal = 20
a) Providing additional working capital Pendapatan
a) Penyediaan fasilitas
via addendum to the joint credit dan Laba
TR Akhir = 10
tambahan modal kerja melalui
facility; Konsolidasi
(Turun)
penandatangan adendum suplesi/
Start TR = 20
penambahan fasilitas pinjaman
Consolidated End TR = 10
b) Optimizing the usage of joint credit Revenue and
bersama;
facility among subsidiaries; Income
(Decrease)
b) Optimalisasi penggunaan fasilitas
pinjaman bersama bagi anak perusahaan;
c) Penyempurnaan POB Hedging di
c) Enhancing POB Hedging in PT
PT Pupuk Indonesia (Persero) dan
Pupuk Indonesia (Persero) and
subsidiaries. 2 Kuantum
anak perusahaan.
The Company: Penjualan
TR Awal = 20
Perseroan:
a) Coordinated with relevant parties Pupuk Subsidi
TR Akhir = 15
a)
Melakukan koordinasi dengan
to accelerate the issuance of Tidak Sesuai
(Turun)
pihak-pihak terkait untuk
Governor’s Regulations and Penugasan
Start TR = 20
mempercepat penerbitan Pergub
Regent’s Regulations on allocation Quantity
End TR = 15
dan Perbup tentang alokasi
of subsidized fertilizers; of Sales of
(Decrease)
pupuk subsidi;
b) Disseminated and supervised Subsidized
b)
Melaksanakan kegiatan sosialisasi
technological advancements and Fertilizer Not
& kawalan teknologi, dan kegiatan
GP3K movement; in Accordance
GP3K;
c) Evaluated distributors’ with the
c)
Melakukan evaluasi kinerja
performance. Obligation
distributor.
3 Harga Pasar TR Awal = 20
The Company: Lebih Rendah
Perseroan:
a) Sold products at the designated dari HPP untuk (Turun)
TR Akhir =6
a)
Menjual produk dijual sesuai
market prices; Pupuk Urea
harga pasar;
b) Converted the Urea commercial Non Subsidi
Start TR = 20
b)
Mengkonversi target produksi
production target into Ammonia; Market Price
End TR = 6
Urea Komersil menjadi Amoniak;
c) Decreased the production rate; Lower than
(Decrease)
c) Menurunkan Rate Produksi;
d) Continued production and stored HPP for Non-
d)
Tetap berproduksi dan
the Urea as inventory. Subsidized Urea
menyimpan Urea sebagai stock.
4 Jumlah TR Awal = 20
a) Updated the Key Operating Unscheduled
Perseroan:
Procedures (KEY) in every Shutdown
TR Akhir =20
a) Melakukan Update Key Operating
subsidiary; Pabrik Melebihi Start TR = 20
(Tetap)
Procedure (KEY) di setiap anak
b) Conducted Root Cause Analysis Anggaran
perusahaan;
for the causes of unscheduled Total
End TR = 20
b) Melakukan Root Cause Analysis
shutdowns; Unscheduled
(Unchanged)
penyebab unscheduled shutdown;
c) Conducted Preventive Shutdowns
c) Pelaksanaan Preventive
Maintenance. Exceeding Budget
Maintenance.
5 Konsumsi TR Awal = 20
The Company: Bahan Baku
Perseroan:
a) Standardized the Production Cost per ton Produk
TR Akhir =20
a) Melakukan standarisasi Harga
(HPP) and Losses for NPK raw Melebihi
(Tetap)
Pokok Produksi (HPP) dan Losses
materials; Anggaran
Start TR = 20
untuk bahan baku NPK;
b) Conducted On Desk Audit on Consumption
End TR = 20
b) Melaksanakan On Desk Audit Energi
Internal and External Energy Use. of Raw Materials per tons of Product Exceeding Budget
(Unchanged)
Internal dan Eksternal.
6 Ketidakpastian TR Awal = 20
The Company: Pasokan Gas
Perseroan:
a) Extended the gas contracts for Uncertainty in
TR Akhir =20
a) Melakukan perpanjangan kontrak
Kaltim-3 (2018), Kaltim-2 (2019), Gas Supply
(Tetap)
gas Kaltim-3 (2018), Kaltim-2
and Kaltim-1A (2020); Start
Start TR = 20
(2019), dan Kaltim-1A (2020);
End TR = 20
b) Coordinated with SKK Migas in (Unchanged)
b) Melakukan koordinasi dengan SKK
Migas terkait alokasi gas untuk
relation to the gas allocation for
Kujang 1C plant. 7 Gangguan
Pabrik Kujang 1C.
The Company: Peralatan
TR Awal = 12
Perseroan:
a) Adjusted the plant rate in line with Pabrik
TR Akhir =8
a) Melakukan pengaturan rate pabrik
the prevailing market situation; Disturbances
(Turun)
sesuai dengan situasi pasar;
b) Coordinated with the marketing in Plant
Start TR = 12
b) Melakukan koordinasi dengan
unit to synchronize production and Equipment
End TR = 8
pemasaran untuk sinkronisasi
(Decrease)
produksi dan penjualan;
sales;
menentukan program efisiensi. c) Conducted energy audit to determine efficiency programs to be pursued.
c) Melakukan audit energi untuk