Indonesia Fibreboard Industry

What Indonesia Fibreboard Industry does

PT Indonesia Fibreboard Industry Tbk (ticker: IFII) is an Indonesian publicly-listed manufacturer of Medium Density Fibreboard (MDF) and related processed wood products, established on September 24, 2007 as part of the ADR Group's Agro Division and listed on the Indonesia Stock Exchange on December 10, 2019. The company operates a single integrated wood-processing factory in Mendis Jaya Village, Bayung Lencir, Musi Banyuasin, South Sumatra, on a 496,676 m² site that incorporates a main jetty, power plant, glue plant, MDF forming and press lines, and a second MDF production line. Commercial operations began in 2012 with an initial capacity of 250,000 m³/year; the second MDF line commenced commercial production in April 2023, raising installed capacity to approximately 450,000 m³ per year. The head office is located at ADR Tower Lt. 19, Pantai Indah Kapuk, Penjaringan, North Jakarta.

Name

Indonesia Fibreboard Industry

Legal name

PT Indonesia Fibreboard Industry Tbk

Website

https://pt-ifi.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PT Indonesia Fibreboard Industry Tbk (IFII) is an Indonesian publicly-listed manufacturer of MDF and related processed wood products. Operating an integrated facility in South Sumatra with 450,000 m³/year capacity, the company exports to 17 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Jakarta

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. Fibreboard and Wood Products Sales: The company generates revenue through the manufacture and sale of Medium Density Fibreboard (MDF), High Density Fibreboard (HDF), Low Density Fibreboard (LDF), High Moisture Resistance (HMR), Plywood, Plywood MDF, MDF Laminate Paper, and Veneer products. Products are sold both domestically in Indonesia and exported to international markets.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

PT Indonesia Fibreboard Industry manufactures Medium Density Fibreboard (MDF) as its primary product, alongside High Density Fibreboard (HDF), Low Density Fibreboard (LDF), High Moisture Resistance (HMR), Plywood, Plywood MDF, MDF Laminate Paper, and Veneer. The company operates an integrated wood processing factory in South Sumatra with installed production capacity of approximately 450,000 m3 per year, and serves both domestic Indonesian customers and export markets in 17 countries.

Product overview

PT Indonesia Fibreboard Industry is a manufacturer of Medium Density Fibreboard (MDF) and other processed wood products. The company operates a unified product portfolio consisting of fibreboard products (HDF, MDF, LDF, HMR) and other wood working products (Plywood, Plywood MDF, MDF Laminate Paper, and Veneer). Their fibreboard products comply with emission standards for Japan market (JIS) and US market (US EPA and CARB P2).

Differentiator

Problem solved

Functional benefit

Products and services

• Medium Density Fibreboard (MDF) Medium Density Fibreboard — the company's primary product manufactured at its integrated South Sumatra facility, with installed machine capacity of 450,000 m3 per year after the second line expansion. Sold to construction, furniture manufacturing, interior design, and wood processing customers.
• High Density Fibreboard (HDF) High Density Fibreboard — fibreboard product with higher density than MDF, suited for applications requiring greater strength and rigidity.
• Low Density Fibreboard (LDF) Low Density Fibreboard — fibreboard product with lower density than MDF, used in applications where lighter panels are required.
• High Moisture Resistance (HMR) High Moisture Resistance board — moisture-resistant fibreboard product designed for humid environments such as kitchens, bathrooms, and other wet-area applications.
• Plywood Plywood — layered wood product manufactured by gluing together thin layers of wood veneer, supplied to construction, furniture, and wood processing customers.
• Plywood MDF Plywood MDF — plywood product combined with MDF construction, offering a hybrid panel for specific structural and finishing applications.
• MDF Laminate Paper MDF Laminate Paper — MDF product with laminate paper finishing, supplied for finished furniture and interior surfacing applications.
• Veneer Veneer — thin wood slices used for wood paneling and furniture manufacturing surfaces.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• ADR Group (Agro Division)coreStrategic or Co-development PartnerPT Indonesia Fibreboard Industry is part of ADR Group's Agro Division. ADR Group is a diversified business group with operations in various sectors.

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Daiken Corporation: Japanese MDF and wood-panel producer with global manufacturing footprint — relevant peer given PT-IFI's JIS-certified focus on the Japan market and similar product range.
• Kronospan: World's largest MDF and wood-panel producer with extensive European and global operations — sets global benchmark for fibreboard cost curves and capacity utilization that frame PT-IFI's competitive position.
• Dongwha Enterprise: South Korean wood-panel conglomerate producing MDF, particleboard, and laminated panels across multiple Asian facilities — comparable integrated fibreboard producer with broader product portfolio and regional scale.
• Ainsworth Lumber (Ainsworth Engineered): Canadian engineered wood products manufacturer (OSB and MDF) — comparable in fibre-based panel manufacturing with North American market access analogous to PT-IFI's US/CARB-certified exports.

Others

• SMB Kenzai Co., Ltd. Japanese wood building materials trading company with director representation on PT-IFI's board — not a direct producer but a strategically connected customer/distribution partner through the Mitsui-affiliated network.

Direct peers

• Greenpanel Industries: India's largest MDF manufacturer producing MDF, particleboard, and plywood for furniture and construction — comparable emerging-market fibreboard producer with similar export orientation.
• PT Sumalindo Lestari Jaya: Indonesian wood-panel manufacturer producing MDF, particleboard, and plywood from its East Kalimantan facility; competes with PT-IFI for domestic and regional furniture/construction customers.
• Robin Resources (M) Sdn Bhd: Malaysian MDF manufacturer and exporter with significant regional capacity — direct ASEAN competitor serving overlapping export markets including Japan and the Middle East.
• Panel Prima Indonesia (PT Panel Prima Indonesia): Direct Indonesian peer producing MDF, particleboard, and laminated panels for furniture and construction — the closest direct competitor in the domestic Indonesian fibreboard market with similar end-customer focus.

Emerging players

• Kastamonu Entegre: Turkish MDF and wood-panel producer with growing international footprint — comparable emerging-market integrated fibreboard manufacturer expanding into Middle East and African markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

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 Indonesia Fibreboard Industry