Boustead Plantations Berhad Competitors

Astra Agro Lestari in Brief PT Astra Agro Lestari Tbk (the "Company") has been weathering the ups and downs of palm oil business for the last 31 years. It was started as a business unit of PT Astra International Tbk to develop 2,000 hectares of cassava plantation. Then it was transformed into a rubber plantation after seeing the rise of demand for rubber. Later, considering the promising business of palm oil, PT Astra International Tbk ventured into the palm oil industry. In 1984, PT Astra International Tbk acquired PT Tunggal Perkasa Plantations, which already had a 15,000 hectares oil palm plantation in Riau province. The business decision was proven timely and right as the palm oil business has been growing robustly, delivering a positive impact to the Company's business unit. Continually experiencing a strong growth, PT Astra Agro Lestari listed its shares for the first time on 9 December 1997 on the Jakarta Stock Exchange and the Surabaya Stock Exchange, which both had been merged into the Indonesian Stock Exchange (IDX). During its Initial Public Offering (IPO). After being in operations for 31 years, PT Astra Agro Lestari Tbk has now had a total area of 266,706 hectares oil palm plantations, which consist of its nucleus estates and plasma (plasma plantations) in Sumatera, Kalimantan and Sulawesi, with an average age of 14 years. Until the end of 2011, the Company had permanent employed 26,473 people.

MPOB is the premier government agency entrusted to serve the country’s oil palm industry. Its main role is to promote and develop national objectives, policies and priorities for the well-being of the Malaysian oil palm industry.

Established in 1992 and listed on the Singapore Exchange since 2007, First Resources is one of the leading palm oil producers in the region, managing over 200,000 hectares of oil palm plantations across the provinces of Riau, East Kalimantan and West Kalimantan in Indonesia. Our core business activities include cultivating oil palms, harvesting the fresh fruit bunches (FFB) and milling them into crude palm oil (CPO) and palm kernel (PK). In addition to plantations and palm oil mills, the Group through its refinery, fractionation, biodiesel and kernel crushing plants, processes its CPO and PK production into higher value palm-based products such as biodiesel, refined, bleached and deodorized (RBD) olein and RBD stearin, palm kernel oil and palm kernel expeller. This enables the Group to extract maximum value out of our upstream plantation assets. Our products are sold to both local and international markets. The Group has a young plantation age profile, with fifty percent of our plantations either in their young or immature ages. This favorable age profile positions the Group well for strong production growth over the next few years as these plantations mature into prime-yielding ages. First Resources is committed to the production of sustainable palm oil. Our sustainability strategy is centered upon maximizing output while minimizing the adverse environmental and social impact from our operations. We will constantly strengthen our sustainability framework through regular benchmarking against industry standards and best practices.