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PT MadusariMurni Indah or MolindoIncorporated, is a holding company that oversees PT Molindo Raya Industrial as an Ethanol factory, PT MolindoInti Gas as a CO2 factory and PT Sumber Kita Indah as a trading and distribution company. This company was founded in Malang in 1965.

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Molindo's history begins with PT MadusariMurni Indah (Madusari) which was founded in 1965 as an ethanol producer in Madukoro village, Malang.

The company group then developed and gave birth to PT Molindo Raya Industrial as an ethanol producer factory with a production capacity of 80,000 KL per year and also PT MolindoInti Gas as a CO2 gas production plant with a production capacity of 15,360 tons per year.

To market and distribute its products, PT MadusariMurni Indah then established PT Sumber Kita Indah as a trading and distribution company which has successfully distributedMolindo Ethanol and Molindo CO2 products, and won recognition in the Asia Pacific export market to Australia, Europe and all other corners.

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