- Business
- PT Indopoly Swakarsa Industry Tbk (IPOL.JK) manufactures Biaxially Oriented Polypropylene (BOPP) and Biaxially Oriented Polyester (BOPET) films for the flexible packaging industry; offers plain, heat-sealable, matte, white, metallized, thermal, and specialty films under the Ilene brand; and produces polypropylene films for applications in food and beverage, household and personal care, cigarettes, labels, graphics, industrial uses, and other sectors. The company operates production facilities in Indonesia, including sites in Purwakarta, West Java, and maintains subsidiaries in China--Yunnan Kunlene Film Industries Co Ltd in Kunming and Suzhou Kunlene Film Industries Co Ltd in Suzhou--as well as operations in Singapore and the United States. Founded in 1995 and headquartered at Wisma Indocement, 5th Floor, Jl. Jendral Sudirman Kav. 70-71, Jakarta, Indonesia, the company engages in plastic sheet processing, trading, imports, and investment activities within the basic industry and chemicals sector, specifically plastics and packaging. Recent developments include the launch of Greenwrap™ Packaging, an eco-friendly, biodegradable, high-strength material targeting sustainable packaging demand in food and consumer goods; earnings reports for the half-year ended June 30, 2025, and full-year ended December 31, 2024, reflecting ongoing financial performance; and a strategic equipment purchase of two Bobst EXPERT K5 metallizers to enhance production capabilities.