- CEO
- Hendra Jaya Kosasih
- Full Time Employees
- 12,500
- Sector
- Process industries
- Industry
- Pulp & paper
- Address
- Tower 2, Sinar Mas Land Plaza Jakarta JK Indonesia 10350
- IPO Date
- Jul 16, 1990
- Business
- PT Indah Kiat Pulp & Paper Tbk PT Indah Kiat Pulp & Paper Tbk is an integrated pulp and paper producer engaged in the manufacture of pulp, cultural paper, industrial paper and tissue products; its operations encompass wood processing into pulp, paper production, and waste paper recycling into industrial grades, with production facilities located in Perawang in Riau Province, Serang and Tangerang in Banten Province. The company offers a broad portfolio of products including pulp as raw material for paper and tissue; cultural papers such as printing, writing and photocopy paper; industrial papers comprising linerboard, corrugating medium, corrugated shipping containers, food packaging, boxboard and specialty colored papers; and tissue products, supported by ancillary activities in industry, trade, mining and forestry. Founded in 1976 and headquartered in Jakarta, Indonesia, PT Indah Kiat Pulp & Paper Tbk operates as a subsidiary of PT Purinusa Ekapersada within the Sinar Mas Group, serving domestic markets and exporting approximately half of its output to Asia, Europe, the United States, the Middle East, Africa and Australia, with total annual production capacity reaching around 3 million tons of pulp, 1.7 million tons of cultural paper, 108 thousand tons of tissue and 2.1 million tons of packaging paper as of recent years. In January 2025, the company acquired power plant assets from affiliate PT Dian Swastatika Sentosa Tbk, including 175.1 MW machinery capacity, supporting buildings, inventories and spare parts, in an affiliated transaction within the Sinar Mas Group that management states will not materially impact financial or operational conditions; additionally, it has pursued asset optimization through leasing land and buildings to affiliates, issued shelf-registration bonds and sukuk totaling IDR 5.5 trillion in late 2024, and engaged in sustainability initiatives such as partnerships with digital waste banks for community waste reduction and mangrove rehabilitation efforts.