What Pt. Indopoly Swakarsa Industry Tbk does

PT Indopoly Swakarsa Industry Tbk is an Indonesia-headquartered manufacturer of biaxially oriented polypropylene (BOPP) and biaxially oriented polyethylene terephthalate (BOPET) films serving the global flexible packaging market. Founded in 1995 and listed on the Indonesia Stock Exchange in 2010 under ticker IPOL, the company operates under the Ilene brand with a stated combined capacity above 115,000 tons per year. Its end-segments span tobacco, food and beverage, household and personal care, industrial, and graphic applications, with a long-standing certified-supplier relationship with one of the world's largest cigarette manufacturers dating to 2002.

The technology base rests on proprietary film formulations developed over three decades, including a Balanced High-Shrink film (2004) and a Low-Temperature Clear Wrap Film (2008), produced via BOPP and BOPET extrusion lines, extrusion coating units, and a multi-unit metalizing footprint (five units in Suzhou, four in Purwakarta as of the most recent disclosures). Operations are backed by an extensive certification stack — ISO 9001, ISO 14001, ISO 22000/HACCP, OHSAS 18001, FSSC 22000, and INDI 4.0 (awarded 2024) — supporting qualification with multinational brand owners and converters. Manufacturing is located in Purwakarta (Indonesia), Kunming and Suzhou (China), with a US sales subsidiary, Ilene, Inc., in Burr Ridge, Illinois.

The business model is that of a vertically integrated B2B film converter selling coated, metallized, and extrusion-coated films primarily to packaging converters and brand owners. Geographic expansion has been executed through acquisition (the 2009 Yunnan Kunlene and Suzhou Kunlene transactions built the China footprint) and greenfield channel build-out (the 2015 US subsidiary). Revenue is generated through volume-based film sales with mix variation by grade and end-segment; no segment-level revenue split is publicly disclosed in the available material.

Name

Pt. Indopoly Swakarsa Industry Tbk

Legal name

PT Indopoly Swakarsa Industry Tbk

Website

https://ilenefilms.com

Company type

Public

Founded year

1995

Operating status

Operating

Short description

PT Indopoly Swakarsa Industry Tbk manufactures BOPP and BOPET films under the Ilene brand for global flexible packaging applications, serving tobacco, food and beverage, personal care, and industrial packaging customers across Indonesia, China, and the United States.

Ownership category

akta.pro rank

Product category

Flexible Packaging Films

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Polyolefin Films (PE/PP: Cast, Blown, BOPP) (IMALABAA)

akta.pro secondary industries

Polyester & Nylon Films (PET/BOPET, PA/BOPA) (IMALABAB), Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD), Barrier & Specialty Films (EVOH, PVDC, Metallized, AlOx/SiOx Coated) (IMALABAC)

Keywords

• Biaxially oriented polypropylene films
• Biaxially oriented polyester films
• Flexible packaging films
• Metallized film manufacturing
• Extrusion coating films

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. BOPP Film Sales: Manufacturing and sale of Biaxially Oriented Polypropylene films for flexible packaging applications including cigarette packaging, labels, and specialty films.
2. BOPET Film Sales: Manufacturing and sale of Biaxially Oriented Polyester films for food & beverage, household & personal care, graphic, and industrial applications.
3. Specialty Film Sales: Sale of specialty films including metallized films, thermal films, and extrusion coating films for various industrial applications.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

PT Indopoly Swakarsa Industry Tbk manufactures Biaxially Oriented Polypropylene (BOPP) and Biaxially Oriented Polyester (BOPET) films for the flexible packaging industry, sold globally under the Ilene brand. Product variants include cigarette films, label films, matte films, white films, heatsealable films, metallized films, thermal films, and adhesive-free thermal lamination films. Production is carried out at facilities in Indonesia and China, with a US sales subsidiary supporting the premium American market.

Product overview

Pt. Indopoly Swakarsa Industry Tbk is a manufacturer of Biaxially Oriented Polypropylene (BOPP) and Biaxially Oriented Polyester (BOPET) films for the flexible packaging industry. The company operates as a single unified product portfolio comprising two core film product lines — BOPP Films and BOPET Films — marketed under the registered brand name 'Ilene'. BOPP Films serve segments including cigarette, label, matte film, white film, and specialty applications, while BOPET Films are offered in plain, heatsealable, metallized, and thermal variants for food & beverage, household & personal care, graphic, and industrial end markets. The company also operates metalizing and extrusion coating production units to support its film product offerings.

Differentiator

Problem solved

Functional benefit

Brands

• Ilene: Registered brand name for BOPP and BOPET films marketed throughout the world

Products and services

• BOPP Films (Biaxially Oriented Polypropylene Films) Biaxially Oriented Polypropylene films for the flexible packaging industry, available in variants including cigarette films, label films, matte films, white films, and specialty applications. Produced for tobacco, food and beverage, label, and industrial flexible packaging converters.
• BOPET Films (Biaxially Oriented Polyester Films)

Quantifiable outcome

• Established as certified supplier for major global cigarette manufacturer since 2002
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators5 records

Recent moves21 records

Expansion highlights5 records

Direct peers

• Uflex: India's largest flexible packaging company producing BOPP, BOPET, and downstream converted packaging. Comparable across film manufacturing and flexible-packaging customers, with broader downstream integration.
• Jindal Poly Films: India-based global manufacturer of BOPP and BOPET films with very large scale (hundreds of thousands of tons/year). Closely comparable in core product mix (BOPP/BOPET) and downstream flexible-packaging customers, though substantially larger.
• Polyplex Corporation: Global BOPET film manufacturer with production in Thailand, Indonesia, Turkey, and the US. Highly comparable in BOPET manufacturing technology, end markets, and multi-region manufacturing footprint.
• Taghleef Industries: Global producer of BOPP and BOPET films for flexible packaging, labels, and industrial applications, with manufacturing across multiple continents. Direct peer to Indopoly with overlapping product portfolio, customer segments, and global manufacturing footprint.
• Cosmo Films: Indian manufacturer of BOPP films and specialty packaging films including label films, lamination films, and metallized films. Highly comparable product mix and customer base in flexible packaging and labels, though primarily India-focused.
• Kolon Industries: Korean manufacturer of BOPET films and specialty films for industrial and packaging applications. Comparable in BOPET manufacturing technology and Asian manufacturing footprint.
• SRF Limited: Indian manufacturer of BOPET films alongside specialty chemicals and packaging. Direct peer in BOPET film manufacturing with similar end-market exposure to food, beverage, and industrial flexible packaging.

Regional players

• Oben Group: Latin American BOPP film producer with manufacturing primarily serving the Americas. Comparable in BOPP manufacturing and flexible-packaging customers, though geographically focused on a different region than Indopoly.
• Vitopel: Brazilian BOPP film producer serving South American flexible-packaging customers. Comparable product (BOPP) and customer segments, though primarily regional rather than global.

Broad incumbents

• Toray Industries: Japanese diversified materials conglomerate with BOPET film operations as part of its films and chemicals portfolio. Overlaps with Indopoly on BOPET manufacturing but operates across many other industries.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pt-indopoly-swakarsa-industry-tbk

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

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 Pt. Indopoly Swakarsa Industry Tbk