Group Profile

We at KORINDO Group, a leader across multiple industries in the South East Asian market, have a lot to be proud of. Over our 50 years of operation, we’ve built up our business by making a significant contribution to the country’s economic development while simultaneously upholding environmentally friendly, future-oriented practices.

At A Glance

Korindo is an Indonesian company established in 1969 and has been operating for 50 years.

In its beginning phase, our company mainly focused on hardwood development, but moved on to plywood/veneer in 1979, newsprint papers in 1984, and timber plantations in 1993.

KORINDO has been acknowledged for its proper forest resource development and for fostering related processing industries thus contributing to Indonesia’s macro/micro economic developments.The decision taken by this company coincided with the Indonesian government’s policiesconcerning the prohibition on exports of hardwood and secondary processing industry that developing in 1983. KORINDO was also acknowledged for successfully supplying domestic newsprint papers as well as answering properly to the government’s call to reform the newspaper industry, which was 100% reliant on imported newsprint papers.

This characteristics of the company and its executives, pertaining largely to our corporate social responsibility, led to constructing a collective wood processing complex in Central Kalimantan in 2013. In 2016, the company also made a cohesive effort to support an experimental rice plantation in the vicinity of Merauke to further contribute towards Indonesia’s food self-sufficiency.

Through the endeavors of forest plantation, KORINDO has successfully developed an environment-friendly industry where economic value is derived directly from the forest and forest resources.

KORINDO has committed to develop its business in disadvantaged regions of Indonesia through road construction and residential development, among other major infrastructural developments, which are required for the region’s overall development.

KORINDO has employed approximately 10,000 workers in Asiki, the major business district in Papua, and built an education center to develop the skills of the locals and create job opportunities.

The sum of local taxes paid by KORINDO in the Merauke Regency and Boven Digoel Regency equate to 30% and 50% of their local taxes, respectively. The company has also set up the first medical facility in the Asiki region, and has been providing diagnoses and medicines completely free of charge ever since. The company is currently establishing a general hospital, which will provide a higher level of health care services to about 20,000 people, in cooperation with the Korea International Cooperation Agency.

A pioneer in preserving the environment

KORINDO encourages the local communities to make their own livelihoods through CSR activities and strives to create an independent environment by offering assistance such as rubber plantation and poultry farm management training.

KORINDO, as a pioneer company in preserving the environment, conducts river cleaning on “National River Day”, tree planting on “National Environment Day,” and invites employees and the local communities to participate.