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Paseo belongs to Sinar Mas Group through Asia Pulp & Paper (APP). Paseo is owned by Sinar Mas Group, headquartered in Indonesia. No. The ultimate owner of Paseo, Sinar Mas Group, is headquartered in Indonesia, not in the United States.
Sinar Mas is one of the largest conglomerates in Indonesia, operating across various sectors including pulp and paper, agribusiness, and financial services. Its subsidiary, APP, is one of the world's largest pulp and paper companies.
Asia Pulp & Paper (APP)
Sources: en.wikipedia.org, sinarmas.com
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