Sumber Mas Indah Plywood

What Sumber Mas Indah Plywood does

PT Sumber Mas Indah Plywood (SMIP) is a privately held, family-owned Indonesian plywood manufacturer founded in 1976 and headquartered in Gresik, East Java, operating under the Dragon Brand export trademark. The company produces cross-laminated veneer plywood across 12 specialized product lines — thin panel, marine plywood, doorskin, bending plywood, floor base, laminated board, stepboard, lumber core, general plywood, home base plywood, MD Lite, and concrete panel — supplied in grades tailored to furniture/interior, construction, and marine applications. Production capacity is 10,000 m³ per month, using tropical hardwood species (Meranti, Keruing, Mersawa, Melapi, MLH, Falcata) under a "Wood-wise" yield-maximization policy that converts residues into wood pellet renewable energy.

SMIP's business model is direct B2B export sales of certified plywood to international markets, with no public pricing, no e-commerce channel, and inbound customer engagement handled via phone and email. The company exports to the Americas, Europe, Japan, Taiwan, Australia, and New Zealand, with disclosed enterprise customers including Daiken Corporation, Eidai, and Daiko Corporation. GTM is sales-led, relationship-driven, and anchored on long-tenured buyer relationships rather than digital demand generation. The go-to-market is reinforced by a multi-jurisdictional certification stack (ISO 9001 since 1997, ISO 14001:2015, FSC C108040, SVLK, CE, UKCA, EPA, CARB Phase 2, JAS) that functions as a market-access requirement rather than a differentiator, and by proximity to the Tanjung Perak port in Surabaya for logistics economics. The company has 11–50 employees, no disclosed funding, no subsidiaries, no M&A activity, and no publicly disclosed leadership team; family ownership has persisted across four generations.

Name

Sumber Mas Indah Plywood

Legal name

PT Sumber Mas Indah Plywood

Website

https://smip.co.id

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

PT Sumber Mas Indah Plywood is a family-owned Indonesian plywood manufacturer, founded in 1976, producing 12 specialized plywood product lines under the Dragon Brand and exporting to the Americas, Europe, Japan, Taiwan, Australia, and New Zealand with a 10,000 m³/month production capacity.

Ownership category

akta.pro rank

Product category

Plywood Manufacturing

NAICS

Hardwood Veneer and Plywood Manufacturing (321211), Veneer, Plywood, and Engineered Wood Product Manufacturing (3212)

SIC

Millwood, Veneer, Plywood, & Structural Wood Members (2430), Lumber & Wood Products (No Furniture) (2400)

akta.pro primary industry

Hardwood Plywood & Decorative Panels Manufacturing (IMAMACAB)

akta.pro secondary industry

Engineered Wood Product Finishing, Coating & Overlay (Film-faced, HPL/LPL) (IMAMACAN)

Keywords

• Plywood manufacturing
• Wood veneer products
• Marine plywood
• Concrete formwork panels
• Decorative plywood

Headquarters

HQ city

Gresik

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Plywood Products: Manufacture and sale of various plywood products including thin panel, marine plywood, doorskin, bending plywood, floor base, laminated board, stepboard, lumber core, general plywood, home base plywood, MD lite, and concrete panel. Also offers woodworking products for decorative and construction needs.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

PT Sumber Mas Indah Plywood manufactures and exports a portfolio of 12 specialized plywood product lines under the Dragon Brand, including Thin Panel, Marine Plywood, Doorskin, Bending Plywood, Floor Base, New Laminated Board, Stepboard, Lumber Core, General Plywood, Home Base Plywood, MD Lite, and Concrete Panel. Products serve furniture/interior, construction, marine, and concrete formwork applications, with cross-laminated veneer construction and customizable dimensions, finishes, and grades. Production capacity stands at 10,000 m³ per month, with direct export to America, Europe, Japan, Taiwan, Australia, and New Zealand.

Product overview

PT Sumber Mas Indah Plywood (SMIP) is a family-owned plywood and woodworking manufacturer established in 1976 in Gresik, East Java, Indonesia. The company operates under the Dragon Brand for export and offers two main product categories: Plywood and Woodworking. The Plywood portfolio comprises 12 specialized product lines — Thin Panel, Marine Plywood, Doorskin, Bending Plywood, Floor Base, New Laminated Board, Stepboard, Lumber Core, General Plywood, Home Base Plywood, MD Lite, and Concrete Panel (CP) — serving applications ranging from interior cladding and furniture to marine, construction formwork, and flooring. The Woodworking category complements the plywood offerings with decorative and construction products. With a production capacity of 10,000 m³/month, SMIP exports globally to America, Europe, Japan, Taiwan, Australia, and New Zealand.

Differentiator

Problem solved

Functional benefit

Brands

• Dragon Brand: Export quality Indonesian plywood brand that has established a strong presence in the international market, known for punctuality and consistency towards customers worldwide.

Products and services

• Thin Panel Thin plywood for interior applications such as wall or ceiling cladding; lightweight yet strong, suitable for fine decorative detailing. Available in 1.8mm, 2.5mm, and 3mm thicknesses; 3-ply construction in Meranti, Mersawa, and Melapi wood types.
• Marine Plywood High-quality plywood for high humidity or water-exposed environments such as ships, yachts, and marine applications. Made from Meranti and Keruing with no voids or defects, resisting mold and prolonged water exposure. Available in B/BB grade.
• Doorskin Thin plywood used as door cladding for aesthetic appeal and extra protection. Suitable for interior and exterior doors. Available in 3.6mm and 6mm thickness using WBP glue.
• Bending Plywood Highly flexible plywood shaped to follow curves or arches. Designed for interior design projects requiring curved surfaces. Available in thicknesses 3mm to 12mm with 3-ply and 5-ply constructions.
• Floor Base Plywood for floor covering in construction, made from layers of wood veneer glued crosswise for high strength and stability. Well-known in the Japanese market; available in precise dimensions (5.2mm to 14.5mm) with 5-ply and 7-ply constructions.
• New Laminated Board Laminated wood panels with a smooth, scratch-resistant surface, commonly used for modern furniture and interior decoration. Laminating provides extra resistance to moisture and damage. Made from Meranti and MLH in thicknesses 5.5mm to 21mm.
• Stepboard Plywood designed for steps or platforms with high strength and durability for heavy loads and long-term use. Anti-insect glue type with non-slip surface for safety. Made from Meranti, Melapi, and Mersawa in thicknesses 22mm to 34.5mm.
• Lumber Core Plywood with a solid wood core providing extra strength and high dimensional stability. Used for large furniture or construction requiring strong plywood. Made from Meranti and Falcata in thicknesses 9mm to 30mm with 5-ply construction.
• General Plywood Main plywood product routinely supplied for furniture, walls, ceilings, and profiling. Divided into Overlay and Ordinary categories. Made from Meranti, MLH, Keruing, and Falcata in thicknesses 4mm to 30mm with 5-ply to 13-ply constructions.
• Home Base Plywood Plywood designed for home construction, providing structural strength and durability for floors, walls, and roofs in residential projects. Made from Meranti, MLH, and Falcata in 9mm and 12mm thicknesses.
• MD Lite Lightweight and thin plywood used for decorative panels and furniture applications requiring lightweight yet strong materials. Made from MDF and Falcata in thicknesses 6mm to 30mm with 5-ply to 11-ply constructions.
• Concrete Panel (CP) Plywood for concrete formwork, resistant to pressure and moisture, used in construction to shape solid concrete structures. Made from Meranti in 12mm and 15mm thicknesses with 5-ply and 7-ply constructions. Reusable for efficiency in large construction projects.

Quantifiable outcome

• Production capacity of 10,000 m³ per month
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Duratex S.A. Brazilian integrated wood-products manufacturer producing hardwood panels, plywood, and engineered wood for furniture, construction, and exports. Comparable because it is a Southern Hemisphere tropical-wood panel producer competing in similar furniture and construction segments, often serving overlapping global customers seeking FSC-compliant tropical alternatives.
• Nelson Pine Industries: New Zealand-based manufacturer of MDF, laminate, and plywood panels serving construction and furniture markets. Comparable because it is a Southern Hemisphere specialty-panel producer in one of SMIP's existing export markets, with similar CARB/formaldehyde compliance requirements for trans-Pacific customers.
• Big River Group Holdings: Australian vertically integrated wood products manufacturer producing plywood, timber, and panel products for construction and industrial markets. Comparable because SMIP already exports plywood to Australia/New Zealand and competes for similar furniture, construction, and formwork customers in Oceania.

Direct peers

• Columbia Forest Products: North America's largest manufacturer of hardwood plywood and veneer products for cabinets, furniture, and architectural applications. Comparable because it competes in decorative and structural hardwood plywood, emphasizes CARB/EPA compliance, and serves furniture and interior construction segments that overlap with SMIP's core customer use cases.
• PT Kayu Lapis Indonesia (KLI): Indonesian plywood manufacturer with overlapping tropical hardwood product lines and international export focus. Direct peer because it competes in the same specialty and general plywood categories, serves similar furniture and construction customers, and operates under the same SVLK/FSC compliance regime.
• Van Strien Plywood Indonesia: Dutch-founded plywood manufacturer with Indonesian operations producing hardwood plywood for European and global markets. Direct peer because it operates in the same Indonesian tropical-plywood category with similar European export orientation and comparable CE-marked specialty products serving furniture and construction customers.

Broad incumbents

• Boise Cascade Company: US-based manufacturer and distributor of engineered wood products including plywood and OSB, with broad construction-channel exposure. Comparable as a broad incumbent in plywood and engineered wood serving overlapping construction and industrial end-markets, particularly relevant for SMIP's US-bound concrete-panel and home-base products.
• Weyerhaeuser Company: One of the world's largest private owners of timberlands and a major producer of wood products including plywood and engineered panels. Comparable because it operates at scale across the same engineered-wood value chain and shares exposure to construction cycle demand and formaldehyde-emission regulation (CARB, EPA).
• Georgia-Pacific (plywood & lumber): Major US-based forest products manufacturer with substantial plywood and engineered wood production serving construction and industrial customers. Comparable as a broad incumbent offering overlapping plywood and OSB products, though at vastly greater scale and a different raw-material base.
• PT Sinar Mas Group (Asia Pulp & Paper / Sinar Mas Forestry): One of Indonesia's largest integrated forestry and pulp/paper conglomerates with significant plywood and engineered wood operations. Comparable because it operates at much greater scale within the same Indonesian tropical-plywood export market, sharing the same hardwood supply chain, FSC/SVLK regulatory environment, and Japanese/Asian customer exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sumber-mas-indah-plywood-pt

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

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 Sumber Mas Indah Plywood