The palm oil plantation and industry have been become the Company’s main business in the recent years. The palm oil business segmen has contributed the Company's revenue of more than 70% of the total revenue.
The Company engaged in palm oil business due to the rapid development of the palm oil industry and its derivative products following the increasing demand of global vegetable oil. The Company took the opportunities and success to develop its business and becoming one of the leading companies in the palm oil industry.
We develop modern plantation management systems to meet the Company’s standards and develop environmental friendly plantations that meet with the national and international standards, by achieving RSPO and ISPO certificates to prove the commitment and consistency of management and all the Company’s employees to continue growing sustainably.
At the end of 2018, the Company’s acquired two plantation companies PT Bima Palma Nugraha and PT Bima Agri Sawit located in East Kalimantan, with the total planted area of 17,000 hectares.
As of the end of 2019, the Company has a total planted area of 112,450 hectares, consisting of nucleus and plasma of 84,566 hectares and 27,884 hectares respectively.
In addition to the plantations, the company owned ten palm oil mills (POM) with a total production capacity of 570 tons/ hour. The company also has a palm kernel plant that turns Palm Kernel into Palm Kernel Oil (PKO) with a capacity of 300 tons/day or 90,000 tons/year.
In the palm oil industry, the products produced are Crude Palm Oil (CPO), Palm Kernel (PK) and Palm Kernel Oil (PKO). CPO is oil produced from the processing of the outer palm oil fruit. Whereas PK is in the inner part of the palm oil fruit. PKO is oil produced from the kernel or palm kernel.