Business Segments
All companies in Molindo Group share a common vision of becoming the leading and the best integrated ethanol company in the Asia Pacific, both in product quality and highest standard production processes.
All companies in Molindo Group share a common vision of becoming the leading and the best integrated ethanol company in the Asia Pacific, both in product quality and highest standard production processes.
PT Molindo Raya Industrial (MRI) is the largest food grade ethanol
producer in Indonesia with an annual production capacity of 80,000
kiloliters.
Molindo brand is well known in the domestic and international markets
for its consistent high quality. Molindo's ethanol products are exported
to several countries across Asia Pacific.
PT Molindo Raya Industrial (MRI) was established on March 17, 1973
based on Notarial Deed No. 135 of Notary Djoko Soepadmo, S.H. The
deed of establishment was approved by the Minister of Justice of the
Republic of Indonesia in its Decision Letter No. Y.A.5/246/11 dated May
19, 1976. MRI was previously known as PT Molindo Industrial
Corporation (MIC). In 1994, its name was changed to PT Molindo Raya
Industrial Co. (MRIC), and in 2016 its name was changed to PT Molindo
Raya Industrial (MRI).
In accordance with article 3 of its Articles of Association, MRI's scope of
activities is to engage in ethanol industry, spirits, monocell protein, acetic
acid, acetic ethyl, carbon dioxide gas (CO2) and fertilizer.
MRI is domiciled in Malang, and its head office and production facilities
are located in Lawang, Malang district, East Java. It has more than 500
employees.
MRI is a subsidiary of PT Madusari Murni Indah Tbk (MMI). The Board of
Commissioners and Board of Directors of MRI are as follows:
MRI's existing ethanol plant produces molasses-base ethanol with a
capacity of 80,000 kiloliters a year. It is currently building its second
ethanol plant with multi-feed stock capability that could produce ethanol
from various sources of raw materials with a capacity of 50,000 kiloliters a
year.
MRI also produces potassium ("kalium") fertilizer and organic fertilizer, a
by-product of molasses-base ethanol production process.