Markus Hartanto founded Chemindo as a chemical trading and distribution company serving the Indonesian market. Beginning with a small team and office in West Jakarta, the company initially focused on agrochemicals and industrial chemicals.

Chemindo established its first rubber-compounding facility, marking its transition from distribution into manufacturing. Banbury and kneader mixing systems were supported by an in-house laboratory for formulation development, testing, and quality control.

Chemindo opened its Surabaya office, establishing a local commercial and distribution presence to support customers across East Java and strengthen nationwide market coverage.

Chemindo achieved ISO 9001 certification, formalizing its quality-management system and strengthening process consistency across commercial, operational, and manufacturing activities.

Chemindo expanded into rubber elastomers and specialty chemicals, partnering with international manufacturers to serve tire, automotive, consumer-goods, and industrial-rubber customers.

Chemindo expanded downstream into engineered polymer and elastomer products. The operation launched with ten press machines and supporting cutting and processing capabilities, enabling development from customized material to finished component.

Chemindo began its partnership with Alpha Technologies International, adding rubber and polymer testing instruments, local technical expertise, and after-sales support to its growing materials portfolio.

Chemindo broadened its specialty-chemical portfolio into coatings and adhesives through new partnerships with established international suppliers, extending its materials expertise into additional industrial markets.

Chemindo established its first dedicated warehouse in Tangerang, strengthening inventory management, logistics, and distribution capacity while creating room for continued growth.

NTIA Indonesia transitioned into a dedicated operation in Cikarang, placing the corrosion-solutions business closer to major industrial customers while continuing to support projects nationwide.

Chemindo entered the corrosion-protection industry through a joint venture with Northern Technologies International Asia, developing customized programs for automotive, electronics, industrial, oil and gas, and other metal-intensive sectors.

CIB Pacific was incorporated in Singapore to support regional and international trade, strengthening the group's ability to serve customers and partners beyond Indonesia. In addition, Chemindo added eight press machines to support larger volumes and a broader range of customer requirements.