PT. Sulfindo Adiusaha

What PT. Sulfindo Adiusaha does

PT. Sulfindo Adiusaha is a privately held, family-controlled Indonesian chemical manufacturer operating one of the country's largest integrated chlor-alkali and vinyl production complexes at Merak, Banten. The company produces Caustic Soda (NaOH) via brine electrolysis, Ethylene Dichloride (EDC) through direct chlorination of chlorine and ethylene, Vinyl Chloride Monomer (VCM) by cracking EDC in PFR furnaces, and Polyvinyl Chloride (PVC) through VCM polymerization in batch reactors, with by-product sales of Hydrochloric Acid (HCl), Sodium Hypochlorite (NaOCl), and compressed Hydrogen. Current nameplate annual capacities are 320,000 DMT of Caustic Soda, 380,000 MT of EDC, 130,000 MT of VCM, and 110,000 MT of PVC, supported by captive coal-fired power generation (2x60 MW) through subsidiary PT. Merak Energi Indonesia and a private 55,000 DWT jetty for raw material handling.

The company sells its chemicals through direct B2B channels to industrial customers across at least nine end-use segments — pulp and paper, alumina, detergent and soap, textile, oil and gas, water treatment, PVC manufacturing, chemical processing, and process/pharma industries — both domestically and internationally across ASEAN, Japan, Korea, Europe, and Australia. Go-to-market is sales-led with direct industrial customer relationships, complemented by a corporate website hosting product specifications, MSDS documents, and corporate disclosures. The firm is certified to ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, SNI, and Indonesian PROPER Blue environmental standards. In June 2020 Sulfindo announced a major expansion to add 250,000 MT per annum each of new VCM and PVC capacity at Merak.

Revenue is generated through hardware sales of commodity and specialty chemicals under negotiated industrial pricing arrangements; no public pricing or revenue figures are disclosed. The company is privately held and family-controlled, with five named Indonesian executives led by CEO Boediarto Boentaran, no institutional shareholders, and no external funding rounds disclosed. Operational scale, vertical integration across the chlor-alkali-to-PVC chain, captive power, and integrated port logistics together form the basis of the business model, with growth driven by successive capacity debottlenecking since 2000 and the planned VCM/PVC expansion.

Name

PT. Sulfindo Adiusaha

Legal name

PT. Sulfindo Adiusaha

Website

https://sulfindo.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PT. Sulfindo Adiusaha is a privately held Indonesian chemical manufacturer operating an integrated chlor-alkali and vinyl production complex in Merak, Banten, producing Caustic Soda, EDC, VCM, and PVC for B2B industrial customers across ASEAN and global export markets.

Ownership category

akta.pro rank

Product category

Industrial Chemicals

NAICS

Petrochemical Manufacturing (32511), Petrochemical Manufacturing (325110), Other Basic Organic Chemical Manufacturing (32519), Other Basic Inorganic Chemical Manufacturing (325180), Chemical Manufacturing (325), Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194)

SIC

Industrial Organic Chemicals (2860), Industrial Inorganic Chemicals (2810), Chemicals & Allied Products (2800)

akta.pro primary industry

PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC) (IMAEADAF)

akta.pro secondary industry

PVC & Chlorinated Polymers (IMAEANAB)

Keywords

• Chlor-alkali production
• Vinyl chemicals manufacturing
• Caustic soda production
• PVC resin manufacturing
• Industrial chemical manufacturing

Headquarters

HQ city

Serang

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Chemical Product Sales: Manufacture and sale of chlor-alkali and vinyl chain chemicals including Caustic Soda, EDC, VCM, PVC, HCl, NaOCl, and Compressed Hydrogen. Products sold to industrial customers in domestic and overseas markets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

PT. Sulfindo Adiusaha is a vertically integrated chlor-alkali and vinyl chemical manufacturer that produces Caustic Soda (NaOH), Ethylene Dichloride (EDC), Vinyl Chloride Monomer (VCM), and Polyvinyl Chloride (PVC), along with by-products Hydrochloric Acid (HCl), Sodium Hypochlorite (NaOCl), and Compressed Hydrogen. The company operates an integrated production chain at its Merak, Banten facility with captive power generation through its subsidiary.

Product overview

PT. Sulfindo Adiusaha is a vertically integrated chlor-alkali and vinyl chemical manufacturer operating an integrated production chain. The core products form a sequential production flow: Caustic Soda (NaOH) is produced via brine electrolysis; Ethylene Dichloride (EDC) is produced from Chlorine and Ethylene via direct chlorination; Vinyl Chloride Monomer (VCM) is produced by cracking EDC; and Polyvinyl Chloride (PVC) is produced from VCM polymerization. By-products include Hydrochloric Acid (HCl), Sodium Hypochlorite (NaOCl), and Compressed Hydrogen (CHG). Current annual capacities are 320,000 DMT Caustic Soda, 380,000 MT EDC, 130,000 MT VCM, and 110,000 MT PVC.

Differentiator

Problem solved

Functional benefit

Products and services

• Caustic Soda (NaOH)

Segments9 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• PT. Merak Energi Indonesia (MEI)coreOthersSubsidiary company established by Sulfindo operating 2x60 MW coal-fired power generating plant with private coal unloading jetty. Plant started operations December 2013 (Unit 1) and February 2014 (Unit 2). Ensures reliable and sustainable power supply for chemical manufacturing operations.

Scale indicators9 records

Recent moves7 records

Direct peers

• Asahimas Chemical: Indonesian chlor-alkali and vinyl producer manufacturing caustic soda, EDC, VCM, and PVC for the domestic and ASEAN markets — the closest direct competitor to Sulfindo with overlapping product mix and geography.
• SCG Chemicals: Thai integrated petrochemical and chlor-alkali/PVC producer with similar caustic soda, VCM, and PVC offerings, exporting throughout ASEAN — directly comparable in product portfolio and regional ambition.
• Vinythai Public Company: Thailand-based PVC and chlor-alkali producer (Solvay-affiliated) producing caustic soda, EDC, VCM, and PVC resin — directly comparable in integrated chlor-vinyl chain manufacturing and ASEAN market focus.

Broad incumbents

• Formosa Plastics Corporation: Taiwanese petrochemical giant producing PVC, VCM, and caustic soda at world-scale — a broader incumbent that competes with Sulfindo in regional PVC trade flows and exports throughout ASEAN.
• Hanwha Solutions: Korean diversified chemicals producer with significant PVC and chlor-alkali operations — a major regional incumbent exporting caustic soda and PVC into ASEAN markets served by Sulfindo.
• Westlake Corporation: US-based integrated chlor-alkali, PVC, and vinyls producer with global scale — a broader incumbent whose exports into Asia influence regional PVC pricing for Sulfindo.
• Olin Corporation: Major global chlor-alkali producer with large caustic soda and chlorine capacity — a broader incumbent whose global chlorine economics affect chlor-vinyl chain supply/demand dynamics relevant to Sulfindo.
• Occidental Petroleum (OxyChem): Through its OxyChem subsidiary, one of the world's largest chlor-alkali and PVC producers — a broader incumbent with US shale-ethylene cost advantage that competes in global PVC trade flows impacting Sulfindo's pricing.
• LG Chem: Korean diversified chemicals company producing PVC, caustic soda, and other petrochemicals — a broader incumbent that supplies into ASEAN markets and competes for industrial customers in the region.
• Kaneka Corporation: Japanese specialty and chlor-alkali chemicals producer with caustic soda and PVC-related operations — a broader incumbent that exports into Southeast Asia and competes for regional caustic soda customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/pt-sulfindo-adiusaha

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT. Sulfindo Adiusaha