PT Dharma Satya Nusantara Tbk (the Company) was established in September 29, 1980. In the beginning, the Company was mainly engaged in the timber industry, after obtaining Forest Concession Rights (HPH) from the Government. In 1983, the Company operated first timber factory in Samarinda, East Kalimantan, which produced quality sawn timber exported to Japan market.
In 1988, the Company became one of the pioneer in the use of sengon wood raw as materials which harvested from local plantations to replace natural forest wood. The use of sengon wood demonstrated the Company’s commitment to anticipate the increasingly of the natural wood as raw materials, as well as to enhance the prosperity of the community and nature preservations.
In 1991 the Company’s production base was moved from Kalimantan to Java starting with the relocation of factories in Samarinda to Surabaya and to Gresik in 1992. Following the increase in customer trust and demand, the Company continued to grow by establishing a factory in Temanggung, as well as a wood processing plant in Lumajang, East Java and Banyumas in Central Java.
The wood product business continued to develop into an integrated wood processing company and produces quality wood products for export market. The Company received certificates from various institutions following the higher standards of product quality.
In 1996, the Company expanded into the palm oil business in Muara Wahau Village, East Kalimantan Province. Starting from development of PT Swakarsa Sinarsentosa, followed by PT Dharma Intisawit Nugraha and PT Dharma Agrotama Nusantara and other subsidiaries to grow into a palm oil industry.
The planted areas in East Kalimantan continued to expand with a total area of approximately 60,000 hectares, that had become one of the Company’s biggest asset today. In 2002 the Company inaugurated its first Palm Oil Mill in East Kalimantan, with a production capacity of 45 tons of fresh fruit bunches per hour. From East Kalimantan, our palm oil plantation continues to expand to Central Kalimantan and West Kalimantan.
In June 14, 2013, the Company conducted the initial public offering in Indonesia Stock Exchange, and became public listed company with the ticker code of DSNG.
At the end of 2018, the Company made a new milestone by acquiring two plantation company located in East Kalimantan. As of the end of 2019, total planted area of the Company has reached more than 112.450 hectares. The Company also operates 10 palm oil mills with the capacity of 570 tons per hour and 1 kernel crushing plant with the capacity of 300 tons per day.
In wood product segment, the Company has 2 wood processing plants in Central Java which produced wood panel and engineered floorings for export markets.