PT Asia Sejahtera Mina Tbk is an Indonesia-based company that is engaged in the seaweed business. The Company is engaged in the processing of seaweed into dried seaweed in the form of raw material seaweed. The Company produces three types of seaweed: Dried Eucheuma Cottoni Seaweed, Dried Eucheuma Spinosum Seaweed and Dried Gracilaria Seaweed. Its Dried Eucheuma Cottoni Seaweed is a type of seaweed that can produce kappa carrageenan. Carrageenan is used as a thickener and stabilizer in ice cream, as a coating material for drug capsules, as an adhesive, and is also used in pet food products, as well as giving texture to beverages, such as milk and beer. Its Dried Eucheuma Spinosum Seaweed is a type of seaweed that produces carrageenan lota, which is used as a raw material in the textile, cosmetic and food industries. Its Dried Gracilaria Seaweed is a type of red algae that produces agar, and is used in the pharmaceutical industry and as a medium for culturing certain bacteria.
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