Enviro News Asia, Jakarta — Three APP Group business units have once again been included in the Fortune Indonesia 100 2026 ranking, which lists the country’s 100 largest companies based on total revenue in the previous fiscal year.
The three companies are PT Indah Kiat Pulp & Paper Tbk, PT Pindo Deli Pulp and Paper Mills, and PT Pabrik Kertas Tjiwi Kimia Tbk. All three were listed under the Basic Materials sector.
The recognition was presented at the Fortune Indonesia 100 Gala 2026, held at Hotel Mulia Senayan in Jakarta on September 17. The event brought together business leaders from various industries represented in the Fortune Indonesia 100 ranking.
APP Group Director Suhendra Wiriadinata said the continued presence of its three business units in the ranking reflected the importance of maintaining business resilience and competitiveness amid changing markets and global economic dynamics.
“For APP Group, long-term growth needs to be built on strong business fundamentals, the ability to adapt to change, and sustainable value creation. The continued inclusion of our three business units in the Fortune Indonesia 100 provides momentum to further improve efficiency, strengthen innovation and competitiveness, and ensure that sustainability transformation progresses alongside business development,” Suhendra said.
The Fortune Indonesia 100 2026 ranking was based on companies’ financial performance during fiscal year 2025. This year, the minimum revenue threshold for inclusion rose to approximately Rp12.31 trillion, indicating the increasing scale of companies represented among Indonesia’s 100 largest businesses.
One notable change in this year’s ranking was Pindo Deli Pulp and Paper Mills, which climbed nine places from 42nd in 2025 to 33rd in 2026.
Indah Kiat, Pindo Deli, and Tjiwi Kimia have therefore maintained the presence of APP Group business units in the Fortune Indonesia 100 ranking.
APP Group said it continues to strengthen competitiveness through operational efficiency, innovation, market development, and the integration of sustainability into its business strategy.
These efforts are also supported by the company’s Sustainability Roadmap Vision 2030 (SRV 2030), which serves as a framework for pursuing long-term growth while strengthening the sustainability of its business operations. (*)
