About Us

Vision & Mission


To become a well-managed eucalyptus pulp factory, and to become a supplier preferred by our customers and a company preferred by our employees.

  1. To produce sustainable growth.
  2. To become a cost effective producer.
  3. To maximize profit for stakeholders and contribute to socio-economic improvement of the local and regional community.
  4. To create value through modern technology, industrial knowledge, and human resources.

The shares of PT. Toba Pulp Lestari Tbk (code INRU) are registered at the Indonesian Stock Exchange.

Company Profile

A. History of Establishment

PT Toba Pulp Lestari Tbk (“Company”) was established in the framework of the Domestic Investment Law No. 6 of 1968 jo. Law No. 12 of 1970 based on deed No. 329 dated April 26, 1983 from Misahardi Wilamarta, SH, a notary in Jakarta. The deed of establishment was approved by the Minister of Justice of the Republic of Indonesia in his decision letter No. C2-5130.HT01-01 TH.83 dated July 26, 1983, and announced in State Gazette of the Republic of Indonesia No. 97 dated 4 December 1984, Supplement No.1176.

The Company's Articles of Association have been amended several times, and most recently by Deed Number 06 dated 19 June 2019 from Gunawati, SH, a notary in Deli Serdang Regency. The Articles of Association have been approved by the Minister of Law and Human Rights of the Republic of Indonesia in its decision letter Number AHU.0032845.AH.01.02.T 2019 dated June 25, 2019.

B. Company Business Activities

In accordance with article 3 of the Company's Articles of Association, the scope of its activities is to carry out business activities of the Pulp and Chemical Industry to support the pulp industry (including but not limited to chlorine dioxide, chlorine, hydrochloric acid, caustic, nitrogen, oxygen, and sulfur dioxide), Concession of Plantation Forest (includes Eucalyptus Forest Exploitation, Eucalyptus Plant Breeding, Other Forest Concession, and Other Forestry Plant Breeding Exploitation), Timber Goods Industry (including but not limited to primary industry of wood forest products in the form of processing logs into wood chips and other wood products which have not been previously covered), Large Trade in Basic Chemical Materials and Goods, Bounded Warehousing Activities or Bonded Zone Areas, both Bonded Zones within one stretch and Bonded Zones outside the overlay, specifically for activities Companies related to these businesses but above, as well as other activities to support the above business activities, including but not limited to all other business activities to support the raw materials and operational activities of the aforementioned business activities as well as marketing of the products of all the Company's business activities.

C. Company Licensing

1. Operating Permit

Main Business Number (NIB)

  • SK Number: 8120011192845
  • KBLI Name / Code: Eucalyptus Forest Exploitation 02118
  • Exploitation of Eucalyptus Plant Breeding 02148

    Pulp Industry 17011

    Basic chemical industry of inorganic chlorine and Alkali 20111

    Other Inorganic Basic Chemical Industry 20114

    Macro-nutrient fertilizer industry made in Primary 20122

    Artificial Staple Fiber Industry 20302

    2. Investment License

    a. Foreign investment

  • SK : Notification of Presidential Decree No. 07 / V / 1990 of May 11, 1990
  • Agency : Chair of the Investment Coordinating Board
  • b. Industrial Business License

  • SK Number : 627/T/INDUSTRI/1995
  • Agency : Chair of the Investment Coordinating Board
  • Industry : Pulp
  • Production : Pulp
  • Capacity : 165,000 tons with tolerances exceeding 30%

  • 3. Forestry Permit

    Business License for Timber Forest Product Utilization - Industrial Plantation Forest

  • SK Number: Minister of Forestry Decree No. 493/Kpts-II/92 dated June 1, 1992 concerning Granting of Industrial Plantation Forest Concessions, and has been amended several times, and the latest by Decree of the Minister of Environment and Forestry of the Republic of Indonesia Number SK.307/Menlhk/Setjen/HPL.0/7/2020 concerning the Seventh Amendment to the Decree of the Minister of Forestry Number 493 / KPTS-II / 1992 dated June 1, 1992 concerning Holders of Industrial Plantation Forest Concession Rights to PT Inti Indorayon Utama, as follows:
  • Industry: Plantation Business
  • Production: Eucalyptus wood
  • Area: 167.912 hectares
  • Border Decree: Minister of Forestry Decree No. SK.821 / Menhut-VII / KP / 2004 April 19, 2004 and Decree of the Minister of Forestry of the Republic of Indonesia No.SK.704 / MENHUT-II / 2013 dated October 21, 2013

  • D. Company Address

  • Company Domiciled : Letjend. Haryono MT Street No. A-1 (Uni Plaza Building, East Tower, 3rd Floor), Gang Buntu Village, Medan Timur Sub-district, Medan City, North Sumatera

  • Mill : Sosor Ladang, Pangombusan Village, Parmaksian Sub-district, Toba District, North Sumatera
  • Forestry Concession : Simalungun District, Asahan District, Toba District, Pakpak Barat District, Tapanuli Utara District, Tapanuli Selatan District, Tapanuli Tengah District, Padang Lawas Utara District, Padang Sidimpuan City, Dairi District, Humbang Hasundutan District, Samosir District

  • Board of Directors

    Venkateshwarlu Cheruku

    President Director

    Born in Dammannapet, Telangana, India, on September 03, 1967. Graduated in Mechanical Bachelor at Warangal University in 1988. Started his career at Allwyn & Voltas Ltd as Senior Engineer in 1988-1993. Then moved to Whirpool of India as General Manager in 1993-2006. Then moved to Aster Private Ltd as Vice President in 2006-2014 and BILT Paper India in 2014-2020. Started his career in Company as General Manager in December 2020. Since July 30, 2021, by the resolution of Annual General Meeting of Shareholders, he was appointed as the President Director of the Company.

    Tee Teong Beng


    Born in Pahang, Malaysia, on February 11, 1972. Graduated in Advance Level Accountant from Association of Chartered Certified Accountants (ACCA) in 2001. Started his career in Aljeffri & Co as Senior Audit in 1992-1995. Moved to Ansell Shah Alam Sdn Bhd as Plant Controller from 1995-2002. Then worked as Financial Controller in Monier Roofing Tiles Sdn Bhd in 2002-2005 and DIC Malaysia Sdn Bhd in 2005-2010. Then moved to company in Malaysia as Regional Financial Controller in 2010-2015. Started his career in Company as Deputy Senior Financial Controller in June 2015 and promoted as Financial Controller on August 2015. In December 2016, appointed as a Director of the Company until April 2017. Then moved to company in Kalimantan from April 2017 - June 2019. Since May 29, 2019, by the resolution of Annual General Meeting of Shareholders, he was appointed as the Director of the Company.

    Jandres Halomoan Silalahi


    Born in Indrapura, on August 14, 1971. Graduated Diploma of Economy at University of North Sumatra in 1994. Started career in Company as Estate Accountant in 1996-1997, then worked as Fixed Assets & Inventory Control in 1997-1998, then worked as GL Supervisor from 1998-2001. From 2001-2004 worked as Forestry Chief Accountant and as Deputy GM Admin in 2004-2006, as Accounting Manager in 2007-2009 and Cost & Budget Manager in 2009. Then appointed as Deputy Fiber Operation Coordinator in 2009-2010, then as Fiber Account Manager in 2010-2013. Then worked as Fiber Supply Department Head in 2013-2015 and Woodsupply Department Head in 2015, then as Fiber Coordinator in 2015-2017. From 2017-2019 worked as Community Land Development Coordinator, then as Deputy Social Capital Department Head in 2019-2020. Since August 28, 2020, he was appointed as Director of the Company by the resolution of Annual General Meeting of Shareholders.

    Anwar Lawden


    Director, born in Medan, on July 18, 1974. Graduated from the Faculty of the University of North Sumatra in 1998, then secured notary specialization from the University. Started career as a legal staff member at PT. Raja Garuda Mas Indonesia in 2000. In 2002, moved to PT. Supra Matra Abadi. Joined the company in 2008 as the Legal Manager before being appointed the Director of the Company through the Extraordinary General Meeting of Shareholders on May 15, 2009.

    Parlindungan Hutagaol


    Born in Aek Nagaga, North Sumatera, November 11, 1962. Graduated from Agriculture Faculty Universitas Sumatera Utara in 1986. He started his career in PT Mitra Unggul Pusaka as Chief Assistant in 1987-1995 and moved to PT Dasa Anugrah Sejati in 1995. Then worked as Estate Manager in PT Rigunas Agri Utama in 1995-1999 and PT Supra Matra Abadi in 1999-2001. Then moved to Sawit Mas Group as General Manager in 2001-2007 and PT Bangkit Giat Usaha Mandiri in 2008. Moved to PT Inti Indosawit Subur as Estate Manager in 2008-2010. Then moved back to PT Rigunas Agri Utama as Group Manager in 2010-2012. Then moved to PT Riau Andalan Pulp and Paper as Plantation Coordinator in 2012-2016. And started his career in Company in 2016 as Fiber Head, then promoted as Fiber Plantation Coordinator in 2017. Since May 29, 2019 he was appointed as Director of the Company by the resolution of Annual General Meeting of Shareholders.

    Board of Commissioners

    Ignatius Ari Djoko Purnomo

    President Commissioner

    President Commissioner, born in Yogyakarta on January 17, 1970, completed Bachelor of Philosophy at Driyarkara Philosophy Academy in 1986 and Bachelor of Theology at Melbourne College of Divinity in 2001. Started career at Maverick as an Associate in 2001, and in 2003 moved to Indo Pacific as a Manager. In 2006 moved to PT Sari Husada as a Manager, then in 2009 to Danone Indonesia as a Manager. In 2010 moved to Edelman Indonesia as a Director, and in 2013 moved to a company in Jakarta as a General Manager. On December 2, 2016, appointed the President Commissioner of the Company by virtue of Extraordinary General Meeting of Shareholders.

    Elisa Ganda Togu Manurung

    Independent Commissioner

    Born in Jakarta, November 7, 1962. Doctor of Philosophy degree holder from University of Wisconsin - Madison, USA (1995), Master of Science (1989) and Bachelor of Forestry degree (1985) from Bogor Agricultural Institute (IPB). Elisa Ganda Togu Manurung started his career as a staff at the Faculty of Forestry in IPB in 1986. He then became a consultant in various organizations and institutions in the field of Forestry. In 1997-1999, he served as Deputy Director of World Wide Fund for Nature (WWF) - Indonesia and Chairman of the National Forest Program Team at the Indonesian Forestry Consultative Group - Ministry of Forestry and Plantation Republic of Indonesia in 1999-2000. Since 2000 until now, Elisa Ganda Togu Manurung is active as a consultant in several non-profit institutions and is still actively teaching in IPB. Appointed as an Independent Commissioner of the Company on June 7, 2018 through Annual General Meeting of Shareholders.

    Lundu Panjaitan

    Independent Commissioner

    Independent Commissioner, born in Pangaribuan, Tapanuli Utara, April 9, 1941. He earned a Bachelor of Law from the State University of North Sumatra, and in 1966 started a career as a civil servant at the Regional Government of North Sumatra. In 1976 he became Head of Legal Bureau of the Regional Government, the Province of North Sumatra until 1980, and was then appointed the Regent (Bupati) of Tapanuli Utara until 1985. He became Chief of Tourism Services in 1986 until 1989, then was appointed as the Regent of Tapanuli Utara from 1989 to 1994. After leaving the position as the Regent of Tapanuli Utara, Lundu Panjaitan was appointed Chairman of the Regional Investment Coordinating Board in 1995. In 1999, he was appointed the Deputy Governor of the Province of North Sumatra and retired as a government employee in 2003. From March 2005 to October 2009 he was a member of the Regional Representative Assembly. Through the Extraordinary Meeting of Shareholders of the Financial Year 2003 on August 15, 2003, Lundu Panjaitan held the position as the Independent Commissioner of the Company.

    Thomson Siagian

    Independent Commissioner

    Born in Pematang Siantar, on Februari 16, 1951. Graduate in Bachelor of Law at University Sam Ratulangi in 1981. Start his career in Kejaksaan Agung as Ajudan Jaksa Agung in 1991-1997. Moved to Konsulat Jenderal RI in Hongkong as Kepala Bidang Kejaksaan in 1997-2003. Moved to Kejaksaan Tinggi Sumatera Utara as Asisten Intelijen in 2003-2004. Moved to Kejaksaan Negeri Medan as Kepala Kejaksaan in 2004-2006. Then moved back to Kejaksaan Agung as Pengkaji pada Jaksa Agung Muda Bidang Tindak Pidana Umum (Jampidum) / Ketua Satgas Penanganan Tindak Pidana Terorisme & Perdagangan Manusia Lintas Negara in 2006-2007 and as Kepala Pusat Penerangan Hukum in 2007. Then worked as Kepala Kejaksaan at Kejaksaan Tinggi Lampung in 2008 and Kejaksaan Tinggi Kalimantan Timur in 2009. Then moved back again to Kejaksaan Agung as Direktur Penuntutan Tindak Pidana Khusus pada Jaksa Agung Muda Bidang Tindak Pidana Khusus (Jampidsus) in 2010 and as Sekretaris Jaksa Agung Muda Bidang Perdata dan Tata Usaha Negara (Jamdatun) in 2010-2011. Since July 30, 2021, by the resolution of Annual General Meeting of Shareholders, he was appointed as the Independent Commissioner of the Company.