PT AKR Corporindo Tbk (AKRA) started as a small chemical trading business in Surabaya, in 1960. Its commercial operations began in November 1997 as PT Aneka Kimia Raya. Then its head office was moved to Jakarta in 1985. The company conducted an IPO in 1994. Its main business includes trading and distribution of basic chemicals and the petroleum industry, distribution of vehicle lubricants, and logistics services.