The establishment of Panca Budi
Established as a general merchant.
Limited Liability Company
Becoming a Private Limited Liability Company.
Factory acquisition
Factory acquisition to enhance distribution and business expansion.
ISO Certification
ISO 9001 Certification Awarded.
Plant Expansion
Acquired factories in Medan.
Plant Expansion
Acquired factories in Solo.
Expansion to International Markets
Panca Budi expanded into international markets through PT Polypack Indo Meyer.
Established Logistics & Expedition Company
On June 11, 2008 Panca Budi established a logistics company.
"TOMAT" Best Brand Award
"Tomat" brand was granted as Indonesia Best Brand Award.
"WAYANG" Best Brand Award
"Wayang" brand was granted as Indonesia Best Brand Award.
Acquired Heavy Duty Plastic Bag Factory
In 2011 Panca Budi established a Heavy Duty plastic bag factory in Banten cilegon area.
MUI HALAL Certification
Panca Budi is the first consumer plastic bag company in which its product have been certified with HALAL label.
MURI Award
Panca Budi is the first consumer plastic bag company in which its product have been certified with MURI Award.
Best Brands Platinum Award
"Tomat" and "Wayang" brands were granted as Indonesia Platinum Best Brand Award.
Go Public
In 2017, the Company conduct Initial Public Offering (IPO)
Expansion in Malaysia
The Company had acquired the assets of factory in Johor Baru, Malaysia.
In 2022, the Company received the "Best of The Best" award from Forbes Indonesia for its achievements as "The Best 50 Public Listed Companies 2022."