ICDX Logistik Berikat (ILB) is established on 12th of May 2016 based on Deed of Establishment No. 52 dated 12th of May 2016, drawn up before Wahyu Dwicahyono, SH, Mkn, Notary in Pangkalpinang and legalized by Ministry of Law and Human Rights through its Decree No. AHU-0024253.AH.01.01.Year 2016 dated 17th of May 2016.
ILB is a subsidiary of Indonesia Commodity & Derivatives Exchange (ICDX) and Indonesia Clearing House (ICH) with main activity of providing warehouse for commodities traded in ICDX. Currently collaborating among other with PT Tantra Karya Sejahtera, ILB provides storage facilities, collateral management, custom clearance and other services in Pangkalpinang to support the delivery of commodities pursuant to physical and futures contracts traded in ICDX.
The establishment of ILB represents our genuine support to the Indonesia economic deregulation policy package regarding Bonded Logistic Centre, particularly for export commodities traded in ICDX.