JBDI | Market Cap: $9.5M (10/12/26)
Industry:
Paper, Containers, & Packaging
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DESCRIPTION

JBDI Holdings is a Singapore-based supplier of reconditioned and new industrial containers, operating through its subsidiary Jurong Barrels & Drums Industries. JBDI collects used steel drums, plastic drums, intermediate bulk containers, and carboys from industrial waste generators, reconditions them at its Singapore facility, and resells them to industrial buyers. Customers across the chemical, solvent, petroleum, and edible oil sectors use these containers to transport and store liquids. JBDI's business model relies on acquiring used containers through tenders, reconditioning them in-house, and selling them at a markup using cost-plus pricing. The company maintains circular relationships where multiple key customers also serve as container suppliers. Alongside reconditioned drums, JBDI sells new containers and provides ancillary services, including collection, delivery, licensed hazardous waste disposal, and reconditioning for customer-owned containers. JBDI generates most revenue in Singapore, with additional sales in Malaysia and Indonesia. Its growth strategy centers on expanding container lines into the semiconductor and shipyard industries, automating plant operations, and pursuing acquisitions in adjacent waste management businesses.

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