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null Maintaining Growth Amidst Global Challenges, Tjiwi Kimia is Included in the Top 50 Public Companies

Maintaining Growth Amidst Global Challenges, Tjiwi Kimia is Included in the Top 50 Public Companies

Jakarta, 11 November 2022 - Asia Pulp & Paper (APP) Sinar Mas’ business unit, PT Pabrik Kertas Tjiwi Kimia Tbk (Tjiwi Kimia) is included in the list of the 50 best performing public companies in Indonesia. This award, which was organized by Forbes Indonesia, reflects Tjiwi Kimia's consistency in maintaining sustainable growth in the midst of global and post-pandemic economic challenges.

The "50 Best of the Best Companies 2022" award received by the Director of Tjiwi Kimia Arman Sutedja at The Westin Hotel, Jakarta (10/11) is based on the long-term fundamental performance of public companies in Indonesia, including performance from the previous year, one of which is the company's efforts to adapt to new economic challenges due to the prolonged pandemic. This award is a concrete proof and dedication to a company that has maintained its growth amidst global economic challenges.

"It is an honor for us to have Tjiwi Kimia named as one of the 50 best public companies in this country. This achievement certainly cannot be separated from the role of all employees who have contributed to advancing the company," said the President Director of Tjiwi Kimia, Suhendra Wiriadinata in a separate place.

With this growth, Tjiwi Kimia is optimistic to increase business expansion to the global market and continue to contribute to the Indonesian economy. "The pandemic era gave rise to new habits in society, one of which is the increasing demand for packaging paper, both for the logistics sector and the food sector," Suhendra added.

The role and growth opportunities for Tjiwi Kimia are also inseparable from the attention to environmental and sustainability aspects in carrying out its production process activities. This is Tjiwi Kimia's effort to become a greener and more environmentally conscious industry, including by using recycled raw materials, environmentally friendly technology, and energy efficiency to support emission reduction policies and achieve low carbon development.

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