Indofood


PT Indofood Sukses Makmur Tbk is a major Indonesian company involved in the food industry. The company's headquarters are located in South Jakarta, Jakarta.

History

Indofood was founded in 1968 as Lambang Insan Makmur, an instant noodles business, with its brand Indomie launching in 1971. The company restructured on August 14, 1990 as PT Panganjaya Intikusuma. In 1994, the company was renamed to PT Indofood Sukses Makmur, and was listed on the Indonesian Stock Exchange on July 14, 1994. It is one of the companies owned by the family of Sudono Salim under the Salim Group.
In January 2013, as part of a filing for the Indonesia Stock Exchange, Indofood said it is planning to buy 50% of Brazilian sugar-cane processor Companhia Mineira de Açúcar e Álcool Participações, for $72 million.

Products

Indofood instant noodle products

In January 2015, Indofood built an instant noodles factory in Morocco and it is to be opened in Q3 2015. It is the sixth plant in Africa after Nigeria, Egypt, Sudan, Kenya and Ethiopia, and is the biggest overseas Indomie factory.

Palm oil

In January 2019, Indofood withdrew from the Roundtable on Sustainable Palm Oil certification scheme.