PT Asia Sejahtera Mina Tbk (AGAR) was founded in 2008 and is currently one of the largest seaweed producers in Indonesia. AGAR produces three different types of seaweed, namely Eucheunema cottonii, Eucheunema spinosum, and Gracilaria sp. These products are used as food, medicine, fertilizer, and raw materials in the production of carrageenan, gelatin, and alginate. The company cultivates seaweed in many ponds throughout Indonesia. Apart from the local market, the company also exports its products to the Philippines, Malaysia, China, South America, Denmark and Spain.