PT Madusari Murni Indah Tbk (MOLI) is the holding company of Molindo Group, a manufacturer of food-grade ethanol and liquid CO2. It started its operations in East Java in 1965 as a family-owned company, but it went public in 2018. It manages three subsidiaries: PT Molindo Raya Industrial which manufactures ethanol and fertilisers, PT Molindo Inti Gas as the liquid CO2 and dry ice producer, and PT Sumber Kita Indah which focuses on sales and distribution of products. The factories are in Malang Regency, but the headquarters is on Equity Tower 19th floor, SCBD, South Jakarta.