SUPARMA Tbk: A Strategic Expansion in the Paper Industry
In a significant development for the Indonesian paper industry, SUPARMA Tbk, a prominent player in the sector, has secured a major order from Finnish industrial giant Valmet Oyj. This collaboration marks a pivotal moment for SUPARMA Tbk as it aims to bolster its production capabilities.
On August 25, 2025, Valmet announced the delivery of an IntelliTissue 1600 machine to PT Suparma Tbk in Surabaya, Indonesia. This state-of-the-art equipment is set to enhance SUPARMA Tbk’s production line, enabling an increase in capacity by 26,500 tons of soft paper annually. The order, recorded in the second quarter of 2025, is scheduled for startup in 2026. While financial details remain undisclosed, the strategic partnership underscores a continued collaboration between the two companies, having previously worked together on the installation of an IntelliTissue machine in 2022.
SUPARMA Tbk, incorporated on November 15, 1994, has been a key player in the Indonesian market. As of August 21, 2025, the company’s stock closed at 300 IDR on the Indonesia Stock Exchange, with a market capitalization of 946,227,609,600 IDR. Despite recent fluctuations, the stock has seen a 52-week high of 348 IDR on September 26, 2024, and a low of 248 IDR on July 2, 2025. The company’s price-to-earnings ratio stands at 9.97433, reflecting investor confidence in its growth trajectory.
This expansion is not just a testament to SUPARMA Tbk’s strategic vision but also highlights the robust industrial ties between Indonesia and Finland. As the company gears up for increased production, stakeholders are keenly watching how this development will influence its market position and financial performance in the coming years.
In the broader market context, investor sentiment has shown a positive shift, with confidence in stock market companies on the rise. This optimism is mirrored in the Asian markets, which have responded favorably to recent economic indicators. As SUPARMA Tbk embarks on this new phase of growth, it remains a focal point for investors looking to capitalize on the burgeoning paper industry in Southeast Asia.