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Eagle High Plantations, formerly known as BW Plantation, is an Indonesian company active in oil palm plantations and palm oil manufacturing. [1] It is listed since 2009 on the Indonesia Stock Exchange as BWPT. [2]
It has 15 palm oil mills with a total refining capacity of 1.8 million metric tonnes of FFB (fresh fruit bunches) per year from its 98 estates throughout Malaysia and Indonesia. [7]: 7 With oil yield of some six tonnes per hectare per year at its mature estates, IOI is the most efficient plantation company in the world. [8] Malaysia's oil palm ...
The company was founded by Indonesian businessman Arifin Panigoro in 1980 and is headquartered in Jakarta, Indonesia. [3] [4] In October 2015, the company bought an interest in the Singa gas field in the Lematang Block located in South Sumatra for $22 million [5] and, in May 2019, the company acquired Ophir Energy in a deal valued at $517.6 million.
Indonesia will effectively ban palm oil exports from April 28, until further notice, after President Joko Widodo on Friday announced a halting of shipments of cooking oil and its raw material to ...
The MSPO (Malaysian Sustainable Palm Oil) was launched in November 2013, and came into full effect on 1 January 2015, although it was not mandatory for all oil producers. [2] (The MSPO was made mandatory in 2017, with compliance needed by 2019. [3]) The formation of the CPOPC was announced in 2015 by Indonesia and Malaysia. [2]
During the 1980s, Indonesia was a significant oil-exporting country. Since 2000, domestic consumption has continued to rise while production has been falling, so in recent years Indonesia has begun importing increasing amounts of oil. Within Indonesia, there are considerable amounts of oil in Sumatra, Borneo, Java, and West Papua Province.
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
Kuala Lumpur Kepong Berhad (KLK) (MYX: 2445) is a Malaysian multi-national company.The core business of the group is plantation (oil palm and rubber). The company has plantations that cover more than 250,000 hectares [3] in Malaysia (both Peninsular and Sabah) and Indonesia (Belitung, Sumatra and Kalimantan).