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Our Business

We are enhancing the quality of our customers’ lives and creating a better world in our future-oriented, innovative, and customer-centered approach.

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Plantation

KORINDO plants trees and dreams together.

We are contributing to the preservation of tropical natural forests through developing the infrastructure of cutting-edge wood processing businesses and our fast-growing timber plantations.

Locations
Pangkalan Bun, Central Kalimantan.
Balikpapan, East kalimantan.
Boven Digoel, Papua.

Tree Species
Eucalyptus pellita,
Eucalyptus hybrid,
Paraserianthes falcataria

Area
Total: 206,859 ha
Balikpapan, East Kalimantan: 16,475 ha
Pangkalan Bun, Central Kalimantan: 94,384 ha
Boven Digoel, Papua: 96,000 ha

Annual production
2 million tons

Actively contributing in establishing Indonesia as the second-largest rubber producer in the world

The crude rubber plantation industry is one of Indonesia’s prides for its environmentally friendly nature. We are developing and processing 10,000 ha of natural rubber plantations, suitable for the environmental and social characteristics of Buru island, Maluku. There, we carry on the processing business of cajeput oil, the local specialty of the island.

Tree species: Hevea basiliensis (Rubber tree)

Paper & Forest Products

An eco-friendly manufacturer of newsprint, industrial paper, tissue, printing and writing paper

KORINDO’s Paper Division is one of the largest newsprint manufacturers in Southeast Asia. We have one paper mill located in Cileungsi, West Java, PT. Aspex Kumbong that is equipped with DIP (Deinked Pulp) and paper machines with a total capacity of 330,000 MT per year. In addition to producing newsprints, PT. Aspex Kumbong also produce tissue with a production capacity of 18,000 MT per year. Until 2024, PT. Aspex Kumbong uses 100% recycled paper to produce newsprints and sources 100% of its pulp for tissues from third-party suppliers.

The division was awarded the UNEP Award from the UN as an eco-friendly manufacturer that uses recovered paper (old newspaper, old corrugated cardboard) as its raw material. The division is a partner with a number of distinguished media companies, such as Kompas and Media Indonesia which is the largest newspaper company. The division supplies papers to companies that manufacture various tabloids, magazines, textbooks, and corrugated cardboards.

In complying with Indonesian regulations, KORINDO has a commitment to minimize the environmental impact of our mill operation. The waste produced by the Pulp and Paper industry is in the form of pulp and water contaminated with chemical (wastewater). In treating the wastewater, PT Aspex Kumbong Mill introduced a wastewater treatment process using physical, chemical, and biological process. The technology that has been applied is very effective in reducing organic compounds contained in wastewater and processing wastewater into clean water. The water quality meets the requirements and quality standards of the Indonesian government and the international standard, such as COD, BOD, pH, and TSS parameters, that makes the water recyclable with the (4R) program: Reduce, Reuse, Recycle, and Recovery. We always monitor the water standards set by the local government (max. BOD5 75 and COD 160. In May 2024, PT. Aspex Kumbong worked with an accredited body to conduct laboratory tests on water quality with results of BOD5 18 and COD 50.6). In addition, we do not use chlorine for purification in 2024. We will continue to implement these commitments in the future.

Since the beginning of 2024, PT. Aspex Kumbong is committed to keeping its water intensity in 2024 to be no more than 11 tons. Although until May 2024 the average water usage for production reached 12.3 tons, PT. Aspex Kumbong keeps striving to reduce its water intensity.

Items

Newsprint, high bright newsprint, recycled printing & writing paper, commercial printing paper (textbook paper, notebook paper), industrial paper, hygienic paper.

Production Capacity
Newsprint 330,000 ton/year.
Tissue 18,000 ton/year (Production and supply of virgin tissues and recycled tissues with 18,000 tons/year of tissue machine).

Locations
Bogor, West Java

Area
900,000 m2

Plywood

It is our pleasure to introduce the beginning of KORINDO

Our Wood Engineering, KORINDO Group’s first enterprise, is a powerful plywood manufacturing enterprise in Indonesia that exports plywood to the Middle East, Japan, Europe and other countries for over 40 years since 1980.

It produces 400,000 m3 of plywood on an annual basis from two plywood mills and three veneer mills at three locations in Balikpapan, Pangkalan Bun, and Asiki. Our plywood brand, KORINPLEX, has won recognition for its outstanding quality from construction companies and buyers in the Middle East. Additionally, KORINDO is leading the UCP market as the only Indonesian UCP manufacturer based on communications from the KORINCOAT, SUPERCOAT, and SMARTCOAT brands in Japan.

Product
Korindo Superform (FFP), KORINPLEX, Korincoat/Supercoat/Smartcoat (Urethane Coated Plywood/UCP), Container Flooring Plywood (CFP), Floor Base(FB), and Ordinary Plywood (OP)

Locations
Balikpapan, East Kalimantan
Pangkalan Bun, Central Kalimantan
Boven Digoel, Papua

Exports
The Middle East, Europe, Japan, Korea, USA, India, China, Turkey, Vietnam, etc.

Certifications
ISO9001, ISO14001, JAS, CE, SVLK, CARB, EPA, PEFC CoC

Sawn Timber, Plywood, Woodchip, Wood Pellet

Pursuing profit maximization by the optimal utilization of our plantation logs

By developing cutting edge wood processing business complex, we are producing wood chip and wood pellet using the residual product, and high value-added engineered wood products.

Locations
Natai, Central Kalimantan
Balikpapan, East Kalimantan

Target Production
Wood Chip 1,000,000 GMT/year
Wood Pellet 100,000 ADT/year
Sawn Timber 200,000 m3/year
Veneer 300,000 m3/year

Construction & Heavy Industry

Creating ‘New Wind Energy’ by Korindo

Korindo has over 50 years of combined know-how and experience in manufacturing wind towers, which help to produce an eco-friendly source of renewable energy. The tower plant is ISO 9001/14001 certified and produces the highest quality towers while guaranteeing on-time delivery as the only tower manufacturer to provide global logistic services to its customers from Southeast Asia.

Locations
Cilegon, Banten

Manufacturing Capacity
Approximately 500 towers annually (85,000 tons)
Over 3,000 towers delivered globally (6 Gigawatts)

Certificates
ISO 14001:2000 / ISO 9001:2000 / 3842-2 ASME“U”“ S”“ PP”stamp
The National Board of Boiler & Pressure vessel DIN 18800-7 Class E Japan H-Grade

Proudly leading Indonesia’s industrial facilities

KORINDO Group is a key player in the areas of chemical engineering, power generation, and the environment. We have always been a significant leader in the construction of heavy industries in Indonesia. We provide high-quality services, use advanced technologies, and support continuous technology development for improving customer satisfaction. In addition, we are fostering positive partnerships built on trust with on-time delivery and high quality.

Production
Steel Fabrication (24,000 ton/ year)
Built up Beam (12,000 ton/ year)

Certification
ISO 9001- 2008 year
ISO 14001- 2004 year

Business
Steel Structure
Coal Handling System

Locations
Tangerang, Banten

Area
520,000 m2

Producing special vehicles that meet the diverse needs of our customers

We have become an industry leader by developing a variety of special vehicles and transportation equipment for the mining industry. We also developed flatbed trailers, container chassis, bulk carriers, and so on, all based in our excellent production facilities. We do our utmost for the innovation of customized products, finest after-sale service, and perfect quality control.

Product Line-up
General Trailers, Heavy Duty Trailers, Mining Transportation Equipment,
Logging Trailer, Tank Lorry, Wing Body, Cargo Crane etc.

Production
1,500 units/year

Locations
Tangerang, Banten

Area
520,000 m2

Engineering and construction build the future

PT KORINDO Konstruksi is mainly engaged in petrochemical and plant construction, and is committed to delivering client satisfaction with the partnership of global EPC companies.


Certification
ISO 9001- 2015 (Quality Management System)
ISO 14001- 2015 (Environmental Management System)
ISO 45001- 2018 (Occupational Health and Safety Management System)


Association
GAPEKSINDO (Gabungan Perusahaan Konstruksi Nasional Indonesia)
00.3171-00726


SKT (Registration Letter)
PT Nindya Karya (Persero)
PT Perusahaan Gas Negara Tbk
PT Transportasi Jakarta
PT Patra Jasa

Logistics

The shipping arm of KORINDO Group has connected producing spots of log, plywood, crude palm oil, etc and import/export base of KORINDO Group since Group’s early stage. Based on long years of experience in these shipping fields, Pelayaran KORINDO has built a competitive Indonesian domestic fleet network, and is proceeding to develop more ocean going services to enter into the domestic coal and oil sea transportation industries. Pelayaran KORINDO’s domestic/overseas expertise completes KORINDO Group’s second take-off task as the Group’s new growth power emerges.

Domestic Transportation Dept.

General Cargo Ship (size: 3,000 ~ 8,000 DWT)
Cargo: Fertilizer, cement, grain, palm kernel, plywood, log construction  material, etc
Service area: Jakarta, Surabaya, Lampung, Palopo, Bitung, Pangkalan Bun, Balikpapan, Halmahera, Asiki (Papua), etc.
Covering all Indonesian water

Chemical Tanker (size : 2,000 ~ 8,000 DWT)
Cargo: Pertamina oil products, Palm oil, Coal Tar, etc
All types of chemical products
Service area: Jakarta, Gresik, Ambon, Asiki (Papua), etc
Covering all Indonesian water

Tug/Barge (Tug: 800 ~ 2,400 HP, Barge: 170 ~ 3,000 FT)
Cargo: General cargo
Service area: Jakarta, Pangkalan Bun (Barge: 1,000),
KTH Natai : 1 set, Asiki (Irian Jaya) : Tug (4), Barge (5)

Oceangoing Transportation Dept.

Middle east inbound: General Cargo Ship(size : 27,000 ~ 58,000 DWT)
Cargo : Plywood, MDF, sawn timber, etc
Service area: Indonesia, Malaysia, Middle East

Middle east outbound and within Pacific ROUTE:
General Cargo Ship(size : 8,000 ~ 58,000 DWT)
Cargo : Sulphur, urea, pet coke, wood pellet, general cargo and product
Service area : Middle East, India, Indonesia, Malaysia, Taiwan, Philippines, Thailand, China, Korea, Japan, etc

Shipping agency

International shipping agency: Indonesia export cargoes, shipping agency for foreign ship owners.

Operation and expansion of local shipping agency service: Pangkalan Bun, Kumai, Bitung, Surabaya, Asiki (Papua), etc

We provide comprehensive services with advanced logistics to inform our solutions. Founded in 1991, our business division is growing into a solid and comprehensive logistics company recognized in the global market through inland transportation, import and export containers, and project cargo services.

Locations
Jakarta
Surabaya
Semarang

Area
95,164m² (4 Operation Sites)
50,000m² (Container Yard)
12,750m² (Warehouse)

Create new opportunities by reading trends of the world market

Our International Business Division is mainly handling raw materials and industrial materials. We are leading the development of a new market and new business with adaptability, flexible thinking, and active marketing for international environmental changes.

Item
Palm Oil, Rubber, Coal, Biomass Energy, Distribution, Wood Product, Waste Paper, Agricultural Machine

Financial Services

The first Indonesian-Korean joint venture multi-finance company with successful localization

PT Clemont Finance Indonesia (CFI) is a multi-finance company offering a wider range of financial services including leasing, factoring, and consumer finance. As the dominant market leader, the company is pursuing synergy through cooperation with KORINDO Group. CFI is making great strides to improve its quality of service and customer satisfaction by investing in IT infrastructure and human resources.

PT Meritz Korindo Insurance supports clients’ stable management by providing insurance protection against various risks.

PT Meritz Korindo Insurance — the joint venture general insurance company established between Meritz Fire & Marine Insurance Co., Ltd. of Korea and Korindo Group in 1998 — provides the best insurance protection against loss of properties, personal accident, general liability, and other causes including natural hazards.

Real Estate

Developing creative new paradigms for living spaces

KORINDO’s Real Estate Management Division creates practical yet comfortable living and working spaces in a pleasant natural setting. These facilities include tranquil residential units that promote well-being, as well as offices with easy access to highways.

Cibubur Square makes your journeys more pleasant and enjoyable

Cibubur Square is a “One Stop Enjoyment” which provides a high-class serviced rest area and a shopping mall, where you can find more than 50 stores including Starbucks, Burger King, Indomaret, Total Buah, and stores of branded products.

One Stop Service
(meal-shopping-refuel-car wash-prayer-meeting)

Sales Product
Solar, Dexlite, Premium, Pertalite, Pertamax, Turbo

Sales Capacity
170 tons/day

Locations
East Jakarta

Site Area
57,765 m2

Building Area
13,104 m2

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