Top 10 Companies of Bio-based Materials in Indonesia

Here’s an overview of the top 10 companies in the bio-based materials sector in Indonesia:

1. PT. Musim Mas
Website: www.musimmas.com
Headquarters: Medan, Indonesia
Estimated Revenue (2023): USD 10 billion
Employees: Approximately 37,000
Main Business: Palm oil production with a strong focus on bio-based products such as biodegradable surfactants, bio-lubricants, and bioenergy

2. PT. Indofood Sukses Makmur Tbk
Website: www.indofood.com
Headquarters: Jakarta, Indonesia
Estimated Revenue (2023): USD 5 billion
Employees: Approximately 100,000
Main Business: Food production, with significant investments in bio-based packaging materials derived from agricultural waste

3. PT. Wilmar International Limited
Website: www.wilmar-international.com
Headquarters: Jakarta, Indonesia (Singapore-based headquarters)
Estimated Revenue (2023): USD 50 billion (global)
Employees: Approximately 90,000 (global)
Main Business: Agribusiness with a focus on bio-based chemicals, biofuels, and biodegradable materials derived from palm oil

4. PT. Perkebunan Nusantara III (Persero)
Website: www.ptpn3.co.id
Headquarters: Medan, Indonesia
Estimated Revenue (2023): USD 2 billion
Employees: Approximately 100,000
Main Business: Palm oil and rubber production, with increasing focus on bio-based products such as natural rubber derivatives and palm-based bioplastics

5. PT. Pura Group
Website: www.puragroup.com
Headquarters: Kudus, Indonesia
Estimated Revenue (2023): USD 1 billion
Employees: Approximately 12,000
Main Business: Paper manufacturing, with a strong emphasis on bio-based packaging materials and biodegradable products

6. PT. Chandra Asri Petrochemical Tbk
Website: www.chandra-asri.com
Headquarters: Jakarta, Indonesia
Estimated Revenue (2023): USD 2 billion
Employees: Approximately 2,000
Main Business: Petrochemical production, with growing investments in bio-based polymers and biodegradable plastics

7. PT. Toba Pulp Lestari Tbk
Website: www.tobapulp.com
Headquarters: North Sumatra, Indonesia
Estimated Revenue (2023): USD 300 million
Employees: Approximately 3,000
Main Business: Pulp production with a focus on sustainable and bio-based materials, including biodegradable packaging and specialty cellulose products

8. PT. Bumi Hijau Asri
Website: Currently not available
Headquarters: Jakarta, Indonesia
Estimated Revenue (2023): USD 50 million
Employees: Approximately 500
Main Business: Production of biodegradable plastics and bio-based packaging materials from agricultural waste and by-products

9. PT. Royal Lestari Utama
Website: www.royallestari.com
Headquarters: Jakarta, Indonesia
Estimated Revenue (2023): USD 100 million
Employees: Approximately 1,000
Main Business: Sustainable rubber production, focusing on natural rubber-based bio-materials for the automotive and consumer goods industries

10. PT. Ecoplast Nusantara
Website: www.ecoplast.co.id
Headquarters: Bandung, Indonesia
Estimated Revenue (2023): USD 20 million
Employees: Approximately 200
Main Business: Manufacturing of bio-based and biodegradable plastic products, with a focus on reducing plastic waste in the environment

These companies are at the forefront of Indonesia's bio-based materials sector, driving growth through innovation, sustainability initiatives, and expanding market demand for eco-friendly products.