Journey and Milestones
The long journey of PT Indonesia Fibreboard Industry Tbk in building a high quality wood panel industry.
2007
Year Founded
450,000 m³
Production Capacity
>20
Export Countries
2007
Operational
Company Establishment
PT Indonesia Fibreboard Industry Tbk ("the Company") was officially established.
2010
Operational
Development of Operational Site
Construction of business location in Mendis Jaya Village, Bayung Lencir District, Musi Banyuasin Regency, South Sumatra.
Expansion
Construction of the MDF First Line
The Company began building a business location located in Mendis Jaya Village, Bayung Lencir District, Musi Banyuasin Regency, South Sumatra in 2010.
2012
Expansion
MDF First Line Started Commercial Production
In August 2012, the Company began commercial production and made its first export to Malaysia, totaling 30.3 m³.
Operational
First MDF Production
The Company started its first MDF production with an initial capacity of 250,000 m³/year.
Operational
First Export to Malaysia
The Company recorded an initial export to Malaysia of 30.3 m³.
Certification
Certification of Conformity to CARB
Certification of Compliance with California Air Resources Board (CARB) Regulations to reduce formaldehyde emission standards.
Certification
Certification of Conformity to SVLK
Certification of Conformity to Timber Legality Assurance System (SVLK) to ensure the legitimacy of the origin of timber raw materials.
2013
Certification
Certification of Conformity to SNI ISO 9001:2008
SNI ISO 9001:2008 Quality Management System Conformity Certification No. QMS/440.
2014
Operational
Glue Factory Construction
In 2014, the Company built a glue factory for internal use.
2015
Certification
Certification of Conformity to JIS A5905 (U-Type)
Certification of Conformity to Japanese Industrial Standards (JIS), which specify the permissible emission standards for MDF products with the U-Type adhesive classification.
2016
Certification
Certification of Conformity to JIS A5905 (M-Type)
Certification of Conformity to Japanese Industrial Standards (JIS), which specify the permissible emission standards for MDF products with the M-Type adhesive classification.
Operational
Veneer Line Development
The company has added a new line of veneer products to its processed wood product range as part of its product diversification efforts.
2017
Certification
Certification of Conformity to SNI ISO 9001:2015
Update of the Quality Management System Conformity Certification to the latest version.
Certification
Certification of Conformity to US EPA 40 CFR Part 770 – TSCA Title VI
Certification of Compliance with U.S. Federal Regulations limiting formaldehyde emissions from composite wood products.
2018
Certification
Certification of Conformity to JIS A5905 (P-Type)
Certification of Conformity to Japanese Industrial Standards (JIS), which specify the permissible emission standards for MDF products with the P-Type adhesive classification.
Award
Blue PROPER Award for the 2017–2018 Period
Award for environmental management performance.
2019
Operational
The First Production of Plywood
The Company started its plywood production line, expanding its portfolio of processed wood products.
Capital Market
Initial Public Offering (IPO)
The Company was officially listed on the Indonesia Stock Exchange under ticker code IFII, marking a new chapter as a public company.
Award
Blue PROPER Award for the 2018–2019 Period
Award for environmental management performance from Ministry of Environment and Forestry (KLHK) of the Republic of Indonesia.
2020
Capital Market
Entry of Japanese Investors
SMB Kenzai Co., Ltd., Noda Corporation, and Ishinomaki Plywood Mfg. Co., Ltd. became the Company's shareholders.
Award
Award Cup for IPC Customer of the Year 2020
The Best Customer of Jambi Category Containerized Cargo Owner
Award
Award of Recognition for Efforts to Prevent the Spread and Control of COVID-19
Award of Recognition for Efforts to Prevent the Spread and Control of COVID-19 in Musi Banyuasin Regency.
Award
Occupational Health and Safety (OHS) Management System Award Certificate
Award for the Implementation of the Occupational Safety and Health Management System (SMK3).
Award
Blue PROPER Award for the 2019–2020 Period
Award for environmental management performance.
2021
Expansion
Construction of the MDF Second Line
The Company started the construction of additional MDF second line production facilities and its supporting infrastructure at the Company's factory site in South Sumatra.
Award
Blue PROPER Award for the 2020–2021 Period
Award for environmental management performance.
Award
Land and Building Tax Compliance Certificate
Award for Compliance in Paying Land and Building Tax in Musi Banyuasin Regency
2022
Award
Blue PROPER Award for the 2021–2022 Period
Award for environmental management performance.
Award
Award Certificate in the Field of Nuclear Safety and Security
Award for Compliance in the Field of Nuclear Safety and Security for Measurement and Analysis Activities.
2023
Expansion
Second MDF Line Started Commercial Production
In April 2023, the Company’s additional MDF second line production facilities has started commercial production which will increase the installed capacity of MDF production from prior 250,000 m³/year to around 450,000 m³/year.
Award
Blue PROPER Award for the 2022–2023 Period
Environmental Performance Award from Indonesia's Ministry of Environment and Forestry.
Award
Certificate of Company Receiving Regional Tax Award (Land and Building Tax/PBB)
Musi Banyuasin Regency - Tax Year 2022.
2024
Award
Business Indonesia Award 2024
As the Best Company in the Forestry and Paper Category.
Capital Market
Change of Investment Type
The Company changed its investment type from Foreign Direct Investment (PMA) to Domestic Investment (PMDN).
Award
Blue PROPER Award for the 2023–2024 Period
Environmental Performance Award from Indonesia's Ministry of Environment and Forestry (KLHK RI).
2025
Award
PORPROV XV and PEPARPROV V South Sumatra Award
PT Indonesia Fibreboard Industry Tbk received an award in the sponsorship category for the 15th Provincial Sports Week (PORPROV XV) and the 5th Provincial Paralympic Week (PEPARPROV V) of South Sumatra, held in Musi Banyuasin Regency.
Award
PROPER Blue Rating 2024–2025
PT Indonesia Fibreboard Industry Tbk received the PROPER Blue Rating for the 2024–2025 assessment period.
2026
Award
Business Indonesia Award 2026
PT Indonesia Fibreboard Industry Tbk received the Business Indonesia Award 2026 in recognition of its achievements in the Forestry and Paper category.