PT Panca Budi Idaman Tbk Company Description

PT Panca Budi Idaman Tbk, together with its subsidiaries, produces and distributes plastic bag finished products in Indonesia and internationally.

The company operates through three segments: Plastic Resin, Plastic Packaging, and Other. It offers polyethylene, polypropylene, and high density polyethylene plastic bags, as well as heavy-duty sacks and packaging products, including food wrapping papers, cake boxes, plastic ropes, rubber bands, and straws.

The company sells its products under the Pluit, Tomat, Bangkuang, Jeruk, Cabe, 222, Wayang, Gapura, Sparta, Liberty, Dayana, PB, and other brand names through retailers, semi-wholesalers, and wholesalers.

It exports its products to the United Kingdom, Germany, the Netherlands, Spain, the United Arab Emirates, Nigeria, the United States, Taiwan, and other countries.

The company was founded in 1979 and is headquartered in Tangerang, Indonesia. PT Panca Budi Idaman Tbk operates as a subsidiary of PT Alphen Internasional Corporindo.