Established in 1973, PT Tunas Baru Lampung Tbk ( “TBLA” ) is a member of company of Sungai Budi Group, a pioneer in Indonesia’s agricultural industry which was founded in 1947. TBLA was established from a desire to assist the country’s development and to capitalize on Indonesia’s competitive advantage in agriculture. Today, Sungai Budi Group is one of Indonesia’s largest manufacturers and distributors of agricultural based consumer products.
PT Tunas Baru Lampung Tbk began its operations in Lampung in the early 1970s, since then we have grown to become one of the largest and lowest cost vegetable cooking oil producers.
PT. Tunas Baru Lampung Tbk was publicly listed in Jakarta Stock Exchange in 14 Feb 2000.
Another member company of the Sungai Budi Group is the publicity listed PT Budi Starch & Sweetener Tbk ( Previously PT Budi Acid Jaya Tbk), the largest and most fully integrated tapioca starch manufacturer in Indonesia