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 the fast-growing timber plantations and developing the infrastructure of cutting edge wood processing businesses.

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

Palm oil, one of the best presents from the nature

The Palm Oil Division, which started the business in southern Papua from 1998, has successfully established palm plantation through efficient management skills and infrastructure construction surrounding the business site, together with the optimal climate condition. Implementing sustainable management, it has added its value continuously.

Locations
Merauke, Papua
Halmahera, North Maluku

Items
FFB (Fresh Fruit Bunch)
CPO (Crude Palm Oil)
PK (Palm Kernel)

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 the 10,000 ha of natural rubber plantation, suitable for environmental and social characteristics of Buru island, Maluku, and carrying 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 paper manufacturer

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.

The division was awarded the UNEP (UN) 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 environmental impact in our mill operation. For such reasons, we are always observing water standard the local government (max BOD5 75 and COD 160), we do not use chlorine chemical for bleaching, and water usage is under the amount allowed by the local government.

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 the world’s best pride with the beginning of KORINDO

Wood Engineering Division, the 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 400,000m3  of plywood on an annual basis from 2 plywood mills and 3 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. And KORINDO is leading UCP market as the only UCP manufacturer of Indonesia based on KORINCOAT, SUPERCOAT, and SMARTCOAT brand 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

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 helps 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 logistics service 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

Industrial proudly leading Indonesia’s industrial facilities

A key player, in the areas of chemical engineering, power generation, and the environment, has 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, best & 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

It has become an industry leader by developing a variety of special vehicles and transportation equipment  for the mining industry, same as flatbed trailer, container chassis and bulk carrier and so on, based on its excellent production facilities, advanced technologies and differentiated services. We do our utmost for the development of customized products, finest after sales 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’s satisfaction with the partnership of global EPC companies.
520,000 m2

Logistics

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 experience and know-how in these shipping fields, Pelayaran KORINDO has built competitive Indonesian Domestic fleet network and is proceeding to develop ocean going services, cross trading services and enter into domestic coal and oil sea transportation. Pelayaran KORINDO is domestic/overseas shipping company to makes KORINDO Group complete it’s 2nd take-off task as group’s new growth power.

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

It provides comprehensive services through advanced logistics 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 world market

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 to international environmental changes.

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

Financial Services

The first Indonesia-Korea 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 client’s stable management through providing insurance protection against multiple risks.

PT Meritz Korindo Insurance, the joint venture general insurance company between Meritz Fire & Marine Insurance Co., Ltd. of Korea and Korindo Group which was established 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