Tira Austenite

PT Tira Austenite Tbk (TIRA) is an Indonesian industrial company founded in 1974. It began as a distributor, representative and licensed sole agent for high-quality European machinery and technical products. Over the following decades it diversified into manufacturing, industrial gases and foundry operations, becoming a supplier of specialty steel, industrial and medical gases, and manufactured engineering goods. The company is headquartered in the Pulogadung Industrial Estate in East Jakarta and serves customers across Indonesia through a broad sales network. Its business units include Specialty Steel, Industrial Gases & Services, and Manufacturing. TIRA has established subsidiaries and joint ventures, including PT Mitra Guna Gas (1997) and PT Tira Stahlindo Indonesia (2017), and has alliances with major gas companies such as PT Air Product Indonesia and PT Linde Indonesia. The company is listed on the Indonesia Stock Exchange under the ticker TIRA. Its stated goal is to be the preferred partner for customers, providing engineering and industrial solutions.

PT Tira Austenite Tbk was established in 1974 as a subsidiary of PT Tigaraksa, which held 50% of the shares, with the remaining 50% held by Mr. Johnny Santoso. Its core business was acting as a distributor, representative and official sole agent for high-quality European machinery and technical products. Over the years, the company grew and diversified into manufacturing, the gas industry and the foundry sector. On 26 April 1996, TIRA undertook business diversification. On 4 April 1997, it established PT Mitra Guna Gas, a subsidiary engaged in the distribution of industrial and medical gases in cylinders, which at the time acted as exclusive distributor for PT Aneka Gas Industri. In 2003, TIRA decided to make industrial gases a strategic business unit; the activities of PT Mitra Guna Gas were acquired by PT Multi Guna Gas and eventually became the Industrial Gas Division, forming alliances with PT Air Product Indonesia and PT Linde Indonesia (formerly PT BOC Gases Indonesia). On 2 August 2017, TIRA's subsidiary PT Alpha Austenite signed a joint venture agreement with PT Stahlindo Engineering to form PT Tira Stahlindo Indonesia, based in Bogor, with shareholding of PT Alpha Austenite (60%) and PT Stahlindo Engineering (40%). This joint venture operates in ferrous foundry, complementing PT Alpha Austenite which had been in non-ferrous foundry for 45 years. The company is listed on the Indonesia Stock Exchange under the ticker TIRA. It continues to operate in specialty steel, industrial gases and manufacturing, with a broad marketing network across Indonesia.

• 2017

  On 2 August 2017, subsidiary PT Alpha Austenite signed a joint venture agreement with PT Stahlindo Engineering to form PT Tira Stahlindo Indonesia.

• 2003

  Industrial gases made a strategic business unit; PT Mitra Guna Gas activities acquired by PT Multi Guna Gas, forming Industrial Gas Division with alliances with PT Air Product Indonesia and PT Linde Indonesia.

• 1997

  Established PT Mitra Guna Gas on 4 April 1997, a subsidiary for industrial and medical gas distribution.

• 1996

  Business diversification on 26 April 1996.

• 1974

  PT Tira Austenite Tbk founded as a subsidiary of PT Tigaraksa and Johnny Santoso.

Supplier of specialty steel, industrial and medical gases, and manufactured engineering goods, aiming to be the preferred partner for customers.

• Specialty Steel

  Business unit focused on selling imported technical products such as specialty steel.

• Industrial Gases & Services

  Division providing industrial gases, medical gases and related services.

• Manufacturing

  Manufacturing of engineering goods, including ferrous and non-ferrous foundry products.

1. 1Beranda - Tira Austenite Tbk. PTtiraaustenite.com
2. 2Tentang Kami - Tira Austenite Tbk. PTtiraaustenite.com
3. 3Tentang Kami - Tira Austenite Tbk. PTtiraaustenite.com
4. 4Tentang Kami - Tira Austenite Tbk. PTtiraaustenite.com
5. 5Tira Austenitewikidata.org