IKPP PERAWANG

What IKPP PERAWANG does

PT Indah Kiat Pulp & Paper Tbk (IKPP Perawang) is an integrated pulp and paper producer founded in 1972 and publicly listed on the Jakarta Stock Exchange (ticker: INKP.JK) as a core operating subsidiary of the APP (Asia Pulp & Paper) Sinar Mas conglomerate. The company operates three manufacturing mills — Perawang (Riau Province), Serang, and Tangerang (Banten Province) — with stated 2019 annual production capacity of 3.0 million tons of pulp, 1.7 million tons of cultural paper, 108 thousand tons of tissue, and 2.1 million tons of packaging. The Perawang mill anchors pulp and tissue production, Serang produces industrial brown paperboard, corrugated carton boxes (capacity up to 228,000 metric tons/year) and a broader packaging portfolio including folding cartons, food packaging board, cigarette packaging board, and converted food service packaging, and Tangerang produces cultural papers including specialty grades such as Sinar Tech/QPP Quran Paper, color woodfree, color book printing, photocopying, and stationery. Products are sold under sub-brands including Savvicoat, SavviPak, Sinar Vanda, Carton Sheet, and Food Service Packaging.

The business model is industrial B2B, selling pulp and paper as raw materials and finished paper products directly to converters, packaging manufacturers, printing/publishing, and consumer goods packaging customers. Distribution is split 52% export to Asia, Europe, USA, Middle East, Africa, and Australia, and 48% domestic Indonesian market. Revenue is generated through one-time sales of physical goods (no subscription or licensing model). The company employs a vertical integration strategy from wood processing through pulp and paper, complemented by circular economy practices including repulping of recovered fiber sourced in part from a network of digital waste banks (Bank Sampah Digital) under partnership with the Ministry of Environment and Forestry (KLHK). Customer segments are organized vertically: Industrial Paper Converters (containerboard, corrugated containers, food packaging, boxboard) and Consumer Goods Packaging are flagged as primary segments, while Printing and Publishing is secondary.

The underlying technology platform is process-industrial rather than digital: integrated pulp and paper manufacturing lines, repulping capacity for recovered fiber, and proprietary supply chain governance systems including the SERA 12-indicator supplier evaluation framework for Forest Conservation Policy (FCP) and Fibre Procurement and Purchasing Policy (FPPP) compliance. The company maintains a deep certification stack — ISO 9001, ISO 14001, ISO 22000, ISO 50001, ISO 45001, PEFC chain-of-custody, SVLK timber legality verification, Green Industry Certificate from the Ministry of Industry, and PROPER environmental compliance — which function as market access credentials for export customers in sustainability-regulated jurisdictions. Marketing and distribution rely on the corporate website, APP Group sustainability communications, earned media, and direct enterprise sales channels.

Name

IKPP PERAWANG

Legal name

PT Indah Kiat Pulp & Paper Tbk

Website

https://indahkiat.co.id

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

IKPP Perawang is an integrated pulp and paper producer (PT Indah Kiat Pulp & Paper Tbk, INKP.JK) within the APP Sinar Mas group, operating three mills in Indonesia producing pulp, cultural paper, industrial packaging, and tissue for B2B converters and packaging customers across global export and domestic markets.

Ownership category

akta.pro rank

Product category

Pulp and Paper Manufacturing

NAICS

Pulp, Paper, and Paperboard Mills (3221), Paperboard Container Manufacturing (32221), Corrugated and Solid Fiber Box Manufacturing (322211)

SIC

Paper Mills (2621), Paperboard Mills (2631), Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670)

akta.pro primary industry

Solid Bleached Sulfate (SBS) Paperboard Manufacturing (IMAMAFAF)

akta.pro secondary industries

Consumer Tissue Paper (Facial, Toilet, Paper Towels, Napkins) (IMAMAGAA), Paper & Paperboard Packaging Converting & Finishing (Die-Cutting, Gluing, Windowing, Coating) (IMALACAL)

Keywords

• Pulp manufacturing
• Industrial paper production
• Cultural paper manufacturing
• Corrugated packaging products
• Tissue paper production

Headquarters

HQ city

Kota Pekanbaru, Riau

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Pulp Sales: Pulp production used as raw material for paper and tissue manufacturing, as well as indirect raw material for industrial paper
2. Paper Products: Various paper products including writing and printing paper, photocopying paper, industrial packaging paper (containerboard, linerboard, corrugated medium), food packaging, boxboard and coloured paper
3. Tissue Products: Tissue production as part of integrated product portfolio

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

IKPP Perawang is an integrated pulp and paper producer that manufactures pulp, cultural paper (writing, printing, photocopying), industrial paper (containerboard, linerboard, corrugated medium, folding boxes, food packaging board, cigarette packaging board) and tissue. Production spans wood processing to finished paper, including waste-paper repulping into industrial paper, with manufacturing facilities in Perawang-Riau, Serang, and Tangerang, serving B2B converters and packaging customers in Indonesia and export markets.

Product overview

IKPP (Indah Kiat Pulp & Paper) is an integrated pulp and paper producer operating as part of the APP Sinar Mas group, with manufacturing facilities in Perawang (Riau Province), Serang, and Tangerang (Banten Province). The company's product portfolio is organized across three mills: the Tangerang mill produces colored cultural papers including Color Woodfree Paper, Color Industrial Paper, Color Book Printing Paper, Quran Paper (QPP/Sinar Tech with 100-year print durability), Color Photo Copy Paper, Color Stationery, and Duplicating Paper; the Serang mill produces industrial packaging products including Cigarette Packaging Board, Corrugated Carton Box (capacity 228,000 metric tons/year), Corrugated Carton Sheet, Folding Box, Ivory, Triplex, Duplex, Food Packaging Board, Corrugating Medium, Test Liner, Single Face Box, and Converted Food Service Packaging; the Serang mill also operates a brown paperboard facility with 1.4 million metric tons/year capacity. Products are marketed under sub-brands including Savvicoat, SavviPak, Sinar Vanda, and Carton Sheet. The company exports approximately 52% of production to Asia, Europe, USA, Middle East, Africa, and Australia, with the remaining 48% serving the domestic Indonesian market. Note: The Perawang mill product page showed no content at time of extraction.

Differentiator

Problem solved

Functional benefit

Brands

• Savvicoat: Brand for packaging products
• SavviPak
• Sinar Vanda
• Carton Sheet
• Food Service Packaging
• Flute Offset Box/Single Face Box

Products and services

• Pulp Market pulp produced at the Perawang-Riau integrated mill, used as raw material for paper and tissue manufacturing and as indirect raw material for industrial paper. Total annual pulp capacity across all IKPP mills is 3.0 million tons.
• Color Woodfree Paper Woodfree printing and writing paper in color variants, produced at IKPP Tangerang mill for printing, publishing and office applications.
• Color Industrial Paper Industrial-grade colored paper for various manufacturing and processing applications, produced at IKPP Tangerang mill.
• Color Book Printing Paper Specialized colored paper designed for book printing applications, produced at IKPP Tangerang mill.
• Quran Paper Premium specialty paper with fine texture for printing Al-Quran mushafs, produced at IKPP Tangerang mill using Sinar Tech / QPP technology with print quality lasting up to 100 years.
• Color Photo Copy Paper Colored paper suitable for photocopying applications, produced at IKPP Tangerang mill.
• Color Stationery Colored stationery paper for office and personal use applications, produced at IKPP Tangerang mill.
• Duplicating Paper Paper designed for duplicating and reproduction processes, produced at IKPP Tangerang mill.
• Cigarette Packaging Board Specialized board material for cigarette packaging applications, produced at IKPP Serang mill.
• Corrugated Carton Box Manufactured corrugated shipping containers made from linerboard and fluting medium, produced at IKPP Serang mill with capacity up to 228,000 metric tons per year.
• Corrugated Carton Sheet Flat corrugated sheets used in carton box manufacturing, produced at IKPP Serang mill.
• Folding Box Folding carton board for retail and consumer packaging applications, produced at IKPP Serang mill.
• Ivory Board Premium coated board with ivory-like appearance for packaging applications, produced at IKPP Serang mill.
• Triplex Board Multi-ply board product for packaging applications, produced at IKPP Serang mill.
• Duplex Board Two-sided coated board for packaging applications, produced at IKPP Serang mill.
• Food Packaging Board Board material designed for food contact packaging applications, produced at IKPP Serang mill (food safety certified).
• Corrugating Medium Fluting medium used as the wavy middle layer in corrugated board, produced at IKPP Serang mill.
• Test Liner Test liner board used as the outer facing of corrugated containers, produced at IKPP Serang mill.
• Single Face Box Single-face corrugated board product for packaging applications, produced at IKPP Serang mill.
• Converted Food Service Packaging Converted paper-based packaging products for food service applications, produced at IKPP Serang mill.
• Tissue Products Tissue paper products manufactured as part of the integrated IKPP production portfolio, with combined annual capacity of 108,000 tons across all mills.

Quantifiable outcome

• 52% exports to global markets including Asia, Europe, USA, Middle East, Africa, Australia
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Indonesian National Army (TNI)minorStrategic or Co-development Partner · 15 May 2023TNI carried out mangrove planting activities across Indonesia with support from APP Sinar Mas business units. IKPP Tangerang planted 178,000 mangrove seedlings across Greater Tangerang; IKPP Serang planted 120,000 mangrove seedlings on north coast of Serang Regency.
• Syarif HidayatullahminorStrategic or Co-development Partner · 1 May 2023Second batch of Business Incubation program ran from May to August 2023 providing comprehensive curriculum on entrepreneurship including production processes, product development, diversification, group management, financial literacy and product marketing.
• Ministry of Environment and Forestry (KLHK)coreStrategic or Co-development Partner · 28 February 2023APP Sinar Mas collaborates with Digital Waste Bank to support KLHK's program to reduce waste in the community, empowering 3,900 housewives. KLHK continues innovative integrated efforts for sustainable waste management.
• Bank Sampah Digital (BSD)coreStrategic or Co-development Partner · 30 November 2022PT IKPP Serang signed MoU with Bank Sampah Digital for Waste Bank Management Partnership. Digital Waste Bank collects cardboard and paper waste from community to sell to IKPP as industrial raw material. Currently supplies 3-5 tons/month with potential to supply more than 50 tons by end of 2023.
• Serang Regency Environmental Agency (DLH)coreStrategic or Co-development PartnerMoU signing for waste management partnership took place at Serang Regency Environmental Agency office. DLH handles 300 tons/day of waste with IKPP Serang and Digital Waste Bank collaboration helping to minimize waste.
• DKI Jakarta Provincial BKSDAminorStrategic or Co-development PartnerPT IKPP supports DKI Jakarta Provincial BKSDA through Strengthening the Function of Muara Angke Wildlife Sanctuary as center of Environmental Education and Mangrove Ecosystem Restoration with restoration target of 500 hectares.
• Syarif Doctoral Foundation (YDS)coreStrategic or Co-development PartnerWomen empowerment MSME program supported by YDS and Womenpreneur Community. Program running since October 2021 with 40 MSME players across multiple provinces. Focus on market expansion, digitization for e-commerce including Karyaperempuan.id channel.
• Womenpreneur CommunitycoreStrategic or Co-development PartnerCollaboration with Womenpreneur Community for MSME business incubation program supporting women entrepreneurs in culinary, handicraft and service businesses.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• International Paper Company: World's largest pulp and paper producer with containerboard, corrugated, and specialty paper operations. Comparable on integrated pulp/paperboard production at mega-scale and on global customer base in industrial and consumer packaging.
• Stora Enso Oyj: European integrated forest products company with pulp, packaging board, and biomaterials operations. Comparable to IKPP on integrated pulp/paperboard manufacturing, sustainable forestry certification, and exposure to global packaging and printing/writing demand.
• Mondi plc: European integrated pulp-and-paper and packaging group with corrugated, kraft paper, and uncoated fine paper operations. Comparable on integrated pulp-to-packaging model and on serving global FMCG/industrial packaging customers with sustainable fiber credentials.
• Sappi Limited: Global coated and specialty paper, packaging board, and dissolving pulp producer. Comparable on cultural paper, packaging board, and dissolving-pulp product mix, and on serving industrial converters and brand owners in Europe, Asia, and the Americas.
• Nine Dragons Paper Holdings: China's largest containerboard and printing/writing paper producer. Comparable across core product categories (containerboard, kraft paper, printing/writing), competes with IKPP in Asian export markets, and is a benchmark for Asian-scale integrated paper economics.
• Smurfit Westrock plc: Global paper-based packaging leader combining containerboard mills, corrugated converting, and consumer packaging. Comparable to IKPP in containerboard, linerboard, and corrugated converting, with similar B2B converter/customer profile.
• UPM-Kymmene Corporation: Finnish integrated forest products group spanning pulp, paper, and label materials. Comparable on vertical integration, certified fiber sourcing, and serving industrial converters and brand owners globally.

Direct peers

• April Group (Riau Andalan Pulp & Paper): Indonesia's other large integrated pulp and paper producer, also based in Riau. Directly comparable to IKPP across pulp, cultural paper, and packaging grades, competing for the same domestic and export customers from a similar feedstock base.
• Tjiwi Kimia Chemicals (APP group subsidiary): Fellow APP Sinar Mas subsidiary producing cultural paper, packaging, and stationery grades out of Indonesia. Closely comparable product mix and operating geography, providing a like-for-like benchmark within the same corporate group.

Emerging players

• Suzano S.A. Brazilian market pulp giant with growing paperboard and consumer-tissue operations. Comparable as a low-cost integrated pulp producer with similar exposure to global pulp pricing and certified sustainable fiber sourcing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ikpp-perawang

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 IKPP PERAWANG